The acronym for heating, ventilating and air conditioning

A fragment of a loan obligation that is not supported until an additional requirement is met, for example the conclustion of construction

A occupant exercising possession of the leased grounds after the conclusion of a rental

The evidence of market worth acquired for an income-performing piece of property by converting its expected advantages into property worth through direct capitalization of likely income or by marking down the yearly cash flows for the holding period at a specified yield rate

Applies to fee structures where the amount of the fee that is billed is resolved by the efficiency of the real estate means under management