Glossary of terms related to real estate investment.
Here are some words you should know about real estate investment, such as “Blue Declaration” and “Supplemental Loan”.
Glossary
Balconies are common areas and are set up as evacuation routes. The person resident in the exclusive part has the exclusive use right ...
The selling price of real estate. "Sales price = land price + building price + consumption tax". However, the consumption tax only applies to the price of the building ...
Official name: "Act on Promotion of Quality Assurance of Houses" This law was enacted in 2000 for new houses. ...
"Estimated rent x 12 months" when all rooms are fully occupied. In real estate investment, income = rent income, key money, renewal fee expenditure = management costs ...
"Total floor area of each floor of the building". Even if the machine room and penthouse on the basement floor (elevators on the rooftop) are small, the total floor area is ...
As for land rights, first of all, "ownership" comes to mind, but in addition to that, there are also land lease rights, leasehold rights, ground rights, easement rights, and eternity rights. ...
According to the Civil Code, there are three types of handing, namely, handing with proof, handing with proof, and ③ handing with lapse, but in normal real estate transactions, "handing with churn" is preferred. ...
Expenses for listing matters related to rights such as ownership and mortgage in the register. The breakdown is: XNUMX) Actual expenses (registration license tax, certified copy ...
"Width of road". It is said to refer to the total width of roads, sidewalks, or tree planting areas. ...
There are two ways to display the land area: (2) public area and (XNUMX) measured area. (XNUMX) Public area is the land listed in the registry ...
