Real Estate Terms [9]

May 29, 2011     Posted under: Investment

Pin It

Call: A demand for repayment of loan. In India and some other countries, it also refers to an informal short-term inter-corporate-rate loan market, where money is lent and borrowed by large companies based on verbal agreements between the parties

Call Date: Date on which (loan) is due

Call Option: A contract whereby one party has the option to purchase the other party’s interest in a property, usually within a specified time, at a stated or calculable price and/or in defined circumstances. It is binding against a third party only if registered as an estate contract

CAM Charges: Acronym for Common Area Maintenance (CAM) charges. In a multi-tenant retail building, the common areas used by all tenants (such as lobby, elevators, restrooms or parking lots) attract a monthly rent payable by retail tenants. Landlords usually determine each tenant’s pro rata share of the common areas, and then add that percentage to the “rentable” square footage

Cancellation Clause: Clause if an agreement that sets out the condition under which a contract can be cancelled or terminated

Capital Asset Pricing Model (CAPM): Quantitative model explaining asset returns based on the relative risk of associated returns and the risk-free rate

NitiN Kumar Jain

Nitin works in an IT MNC professionally but blogs and owns NKJ Live. He is also the co-owner of a professional start-up ARGHAM BYTES

More PostsWebsiteTwitterFacebook

Possibly Related Articles:

Free Subscription

Get articles in your inbox.

Enter your email address: