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Comparables (Comps) or Comparable Sales

Definitions

Recently sold properties that are similar in important respects to a property being appraised; the sale price and the physical, functional, and locational characteristics of each o ...

Compliance

Definitions

A series of policies and processes that an investment advisor implements to meet requirements specified by the Securities and Exchange Commission.

Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) or Superfund

Definitions

The federal Superfund program, administered by the US Environmental Protection Agency (EPA) is designed to investigate and cleanup sites contaminated with hazardous subst ...

Concessions

Definitions

A benefit given by a buyer, seller, landlord or tenant in order to help facilitate a real estate transaction; can be given in both residential and commercial real estate, and are o ...

Condemnation

Definitions

The process of taking private property, without the consent of the owner, by a governmental agency for public use through the power of eminent domain.

Conduit

Definitions

The financial intermediary that functions as a link between the lender(s) originating loans and the ultimate investor(s).

Consent Rights

Definitions

Certain class rights that require certain pre-defined actions that cannot be undertaken by a company or fund without the approval of the holders of a majority (or other specific pe ...

Construction Completion Guarantee/Guaranty

Definitions

A guarantee granted by a project sponsor or a contractor to ensure a development project will achieve final completion; In the case of the project sponsor:  an agreement to pr ...

Construction Risk

Definitions

The risk associated with construction and the potential of experiencing losses due to a variety of controllable and uncontrollable factors.

Consumer Behavior

Definitions

The study of individuals, groups, or organizations and all the activities associated with the purchase, use and disposal of goods and services, including the consumer's emotion ...

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