Real Estate Glossary

Real Estate Glossary

There are 6 entries in this glossary.
Search for glossary terms (regular expression allowed)
Begin with Contains Exact termSounds like

Glossaries

All A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Term Definition
Vacancy Factor

The amount of gross revenue lost because of vacant space; an allowance item on pro-forma income statements, usually calculated as a percentage of gross revenue.

Vacancy Rate

A measurement expressed as a percentage of the total amount of available space compared to the total inventory of space. Computed by multiplying vacant space times 100 and divided by total inventory.

Vacant Space

Existing space which is currently being marketed for sale or lease, excluding sublet space.

Variance

A permit that grants a property owner relief from certain provisions of a zoning ordinance when, because of the particular physical surroundings, shape or topographical condition of the property, compliance would result in a particular hardship or practical difficulty which would deprive the owner of the reasonable use of the land or building involved.

Vendee

Purchaser or "buyer," generally used in real property context.

Vendor

The person who transfers property by sale. Another word for "seller." Commonly used in land contract sales.

San Francisco Property Management

47 Kearny Street
San Francisco, CA 94108
415-981-5780
Map

East Bay Property Management

3732 Mt. Diablo Blvd
Lafayette, CA 94549
925-283-2014
Map

Toll Free

Toll Free: 800-972-5968
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
California BRE #01183885