Halifax Nova Scotia Real Estate Glossary V
(Vacancy and Credit Losses - Value in Exchange)
| A3 | A4 | B1
| B2 | B3 | C1
| C2 | C3 | D1
| D2 | E1 | E2
| F1 | F2 | F3
G1 | G2 | H1
| H2 | I1 | I2
| J | K | L1
| L2 | L3 | M1
| M2 | M3 | N
| O1 | O2
| P1 | P2 | Q
| R1 | R2 | S1
| S2 | T1 | T2
| U | V1 | V2
| W1 | W2 | X
| Y | Z
Vacancy and Credit Losses
Losses incurred by owner due to tenant failure to pay rent or because
property is unoccupied.
Estimated percentage of rental that won't be made because of actual
and anticipated vacancies.
Percentage of unoccupied rental property. Idle space causes significant
cash drain when cash inflows are not received to offset the cash outflows
of maintenance. Most properties have a minimum occupancy rate to break
Unoccupied property, not currently being used. It may have utilities
and off-site improvements as contrasted with raw land with no improvements
A home owned in addition to a person's primary residence.
Estimated worth of a property as valued through an appraisal.
An expression of monetary worth of a particular piece of real estate.
Value After the Taking
Worth of the property part which is left subsequent to a condemnation
Value Before the Taking
Market price of all the property prior to a condemnation proceeding.
Value in Exchange
The giving of money, goods or services in exchange for another good
or service provided by another party.