Terms Starting with P
187 terms
Property SOP
A property SOP (Standard Operating Procedure) is a documented, step-by-step process for handling recurring property management tasks—from tenant screening to maintenance response to lease renewals—ensuring consistency, efficiency, and quality regardless of who performs the work.
Property Showing
Property Showing is a property management concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of rental strategy buy and hold deals.
Property Signage
Property Signage is a property management concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of property management deals.
Property Stabilization
Property stabilization is the state when a property has reached steady occupancy, consistent rental income, and operational consistency—the point at which lenders and investors treat it as a stabilized asset.
Property Survey
Property Survey is a title and closing concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of purchase process deals.
Property Tax
Property tax is the annual tax levied by local governments (county, city, school district) on real estate, based on the property's assessed value and the local tax rate (mill rate).
Property Tax Assessment
Property Tax Assessment is a tax strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of market research location analysis deals.
Property Tax Records
Property Tax Records is a market analysis concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of market research location analysis deals.
Property Title Defect Cure
A property title defect cure is the legal process of resolving issues that cloud a property's title—such as liens, encroachments, recording errors, missing signatures, or competing ownership claims—so that clear, marketable title can be conveyed to a buyer.
Property Valuation
Property valuation is the process of estimating what a property is worth using one or more methods: sales comparison approach, income approach, or cost approach.
Property Walkthrough
A property walkthrough is a final visual inspection of a property before closing or tenant move-in to verify condition and agreed repairs.
Prorations
Prorations are costs split between buyer and seller based on the day of ownership—each party pays their share of property tax, rent, HOA fees, or other periodic expenses.
Protected Class
Protected Class is a legal strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of tenant screening system deals.
Proximity to Amenities
Proximity to Amenities is a market analysis concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of market research location analysis deals.
Publicly Traded REIT
Publicly Traded REIT is a investment strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of passive real estate investing deals.
Punch List
A punch list is the document listing all remaining items that must be completed, corrected, or repaired before a construction or renovation project is considered finished and final payment is released to the contractor.
Purchase Agreement
Purchase Agreement is a legal strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of deal analysis deals.
Purchase-Money Mortgage
A purchase-money mortgage (PMM) is a mortgage provided by the property seller as part of the sale. The buyer makes payments to the seller instead of a bank, and the seller holds a promissory note and deed of trust as security.
Purchasing Power
Purchasing Power is a economic fundamentals concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of market cycles deals.