Reassessment

In real estate taxation, reassessment is the process of re estimating the value of all property within a specific area for tax assessment purposes. It is conducted periodically to ensure that property values reflect current market conditions. Reassessment affects the...

Real Estate Syndicate

In real estate investment, a real estate syndicate is an organization of investors who join together to pool capital for the purpose of acquiring interests in real property. These syndicates are commonly structured as limited partnerships or similar entities. By...

Real Estate Investment Trust (REIT)

In real estate finance, a real estate investment trust, commonly known as a REIT, is a business trust that primarily owns, manages, or finances interests in real property. It is typically organized to meet specific requirements of the Internal Revenue Code. REITs...

REALTOR®

In real estate practice, REALTOR® is a professional designation used by real estate brokers and agents who are members of a local board or association affiliated with the National Association of REALTORS®. The term is a registered trademark and may be used only by...