Taxes assessed against real property, usually by a country or municipal taxing authority but sometimes also by special purpose districts and agencies, in proportion to the assessed ...

Steuern auf Grund- und Immobilienbesitz, üblicherweise erhoben bei einer staatlichen Steuerbehörde oder Bezirken im Verhältnis zu dem festgestellten Wert der Immobil ...

A clause defined within the Vehicle Documentation that, when exercised, can lead to the termination of the agreement between the members and the Vehicle or the termination of the V ...

Eine in den Fondsdokumenten enthaltene Klausel deren Ausübung zur Kündigung des Vertrags zwischen dem Manager und dem Vehikel oder zur Auflösung des Vehikels se ...

Costs charged by trustees who are responsible for managing the assets owned by a trust for the trust’s beneficiaries. This is most relevant in a REIT structure where trustees ...

Valuation standards established through Uniform Standards of Professional Appraisal Practice in the United States. USPAP is developed, interpreted, and amended by the Appraisal Sta ...

Shortfalls between the property operating expenses (incl. repairs and maintenance) incurred by the owner of an investment property and the expenses that are charged to the tenants. ...

Fehlbetrag zwischen den betrieblichen Aufwendungen (inkl. Reparaturen und Unterhaltung) die bei dem Objektbesitzer anfallen und den Aufwendungen die an die Mieter weiterv ...

Costs in connection with the external (third party) appraisal of the real estate assets and liabilities owned by the vehicle. Appraisals may be performed routinely or ad-hoc which ...

The overarching term for any kind of investment structure, including funds, joint ventures, club deals and separate or single accounts.