Glossary

Common Real Estate Terms

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There are currently 4 names in this directory beginning with the letter T.

Tenant

The Tenant is an individual who has possession of the property through a lease. A tenant also may be referred to as a lessee.

Term

The Term refers to the duration of the lease agreement.

Time Value of Money (TVM)

TVM is an economic principle recognizing that a dollar today has greater value than a dollar in the future because of its current earning power.

True Preferred Return

If the investor receives a preferred return before a sponsor does, then the Pref is considered a "True" Preferred Return.