B – Compendium of Real EState Terms & Concepts

A company's book value is its total assets minus intangible assets and liabilities, such as debt. A company's book value might be more or less than its market value.

A blight area may be defined as one that is declining and characterised by serious destructive economic forces, such as encroaching inharmonious uses, infiltration of poorer social classes and rapidly depreciating buildings. This definition draws attention to the three related aspects of blight: economic, social and physical.

A blight area may be defined as one that is declining and characterised by serious destructive economic forces, such as encroaching inharmonious uses, infiltration of poorer social classes and rapidly depreciating buildings. This definition draws attention to the three related aspects of blight: economic, social and physical.

This is a permanent reference mark or point established for use by Land Surveyor’s in measuring differences in elevation. It is identification symbols on stone, metal, or other durable matter permanently fixed in the ground and from which differences of elevations are measured as in tidal observations or topographical surveys…

Basis of Value could be defined as a statement of the fundamental measurement principles of a valuation on a specified date. The principle may vary depending on the purpose of the valuation. In this regard, basis of valuation is not the statement of the method used, nor a description of…

This is a situation in which a debtor is unable to pay his debts, the state or government through a trustee or other officer appointed for the purpose, takes possession of his property, which is then distributed among his creditors to satisfy their claims. This system has two fold purpose…

Balanced Scorecard is a strategic planning and management system used to align business activities to the vision statement of an organisation.