411homerepair.com

Glossary of Real Estate Terms V - Z

by 411 on Mar 7, 2022

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

V

Vacancy and collection losses. (See allowance for vacancy and collection losses)

Valuation principles. Factors that affect market value, such as the principle of substitution, highest and best use, supply and demand, conformity, contribution, increasing and decreasing returns, competition, change, stage of life cycle, anticipation, externalities, balance, surplus productivity, opportunity cost, and theory of distribution.

Value. The power of a good or service to command other goods or services in exchange; the present worth of future rights to income and benefits arising from ownership.

Value in exchange. The value of goods and services in exchange for other goods and services, or money, in the marketplace; an economic concept of market value.

VA mortgage. A mortgage loan on the approved property made to a qualified veteran by an authorized lender and guaranteed by the Department of Veterans Affairs to limit possible loss by the lender.

Variance. (See zoning variance)

Variate. In statistics, an individual thing, person, or other entity.

Vendee. Buyer.

Vendor. Seller.

W

Warranty deed. A deed in which the grantor fully warrants good clear title to the property.

X

Y

Yield. The income produced by an investment. Usually used to refer to equity investments.

Yield capitalization. The method used to estimate value from annual net operating income by applying a capitalization rate derived by analyzing each of the rate's component parts to provide both return on and return of the investment.

Z

Zoning. Municipal or county regulation of land use within designated districts or zones. Zoning is an application of a state's police power to regulate private activity by enacting laws that benefit public health, safety, and general welfare. Zoning may affect the use of the land, lot sizes, type of structure permitted, building heights, setbacks, and density.

Zoning ordinance. Regulation of the character and use of the property by a municipality or other government Entity through the exercise of its police power.

Zoning variance. An exemption from a zoning ordinance or regulation permitting a structure or use that would not otherwise be allowed.

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

Latest Articles

How Much Does It Cost To Take A Bath​?

Plumbers know that a bath may seem like a relaxing luxury, but the real cost extends far beyond your water bill. The average soak uses 35 to 50...

on Apr 8, 2025

10 Concrete Patio Ideas on a Budget

A concrete patio can be a game-changer for your outdoor space. It is durable, versatile, and can be customized to fit your style. But what if you...

on Mar 25, 2025

Tips for Creating a Stunning Personalized Photo on Canvas

Order the unique beauty of a personalized photo on canvas and bring your memories to life. With a customized photo on canvas, you can transform...

on Mar 7, 2025

Best Areas to Buy Property in Singapore for Long-Term Growth

Singapore's real estate market remains one of the most stable and lucrative in the world. With limited land supply, strong governmental...

on Feb 18, 2025

Troubleshooting Excess Water in Your HVAC Secondary Condensate Drain Pan

When maintaining your air conditioning system, it is easy to overlook the condensate drain pan - until excess water starts pooling in places where...

on Jan 12, 2025

Sponsored Articles

Actions

More DIY Articles

Do It Yourself or Hire a Landscape Professional?

If you're a prime candidate for creating and installing your own landscape, gather all the knowledge you can, understand the processes and...

Hire Contractors / Estimates

Grading Landscapes - Part 3

Healthy soil is not an inert, lifeless substance - it's full of microscopic life forms which are essential for the development of plant life....

Garden / Landscaping / Patio

Herb Planters Help You Produce Irresistible Tastes

Herb planters, full of aromatic and edible herbs, demonstrate how container gardens can be both decorative and functional. Offering a pleasing...

Garden / Landscaping / Patio

How to Save Money on Major Home Repairs

Major home repairs can take quite a chunk out of your hard-earned savings, so many homeowners do whatever they can to take the proper steps to...

Real Estate / Finance

How to Seal Chimney Flashing

Old houses often develop cracks between the chimney and the roof is a perpetual maintenance issue and should be checked every few years....

Roofing / Gutters

Contact Us | Submit Article | 411homerepair © 2025