by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and legal usage, subordinate means to make one interest subject to, or lower in priority than, another interest. A subordinate interest is junior or inferior in rank. Subordination commonly applies to liens, mortgages, or lease interests. When an...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate law, a sublease is a lease agreement in which the tenant under an existing lease, known as the lessee, becomes the lessor to another party. The original lessee leases all or part of the property to a subtenant. Under a sublease, the original lease...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and land development, a subdivision is the division of a single parcel of land into smaller parcels or lots. This process is typically carried out by preparing and filing a map that shows the proposed division. Creating a subdivision requires approval...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and construction, a subcontractor is a contractor who performs specialized work under a general contractor. Subcontractors are typically responsible for specific trades such as electrical, plumbing, cement, or other skilled services. The subcontractor’s...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and agency law, a subagent is a person to whom an agent has delegated authority, with the permission of the principal. The subagent’s powers are not granted directly by the principal, but flow through the original agent. A subagent owes fiduciary duties...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate appraisal and investment analysis, straight line depreciation is a method of allocating the cost of an income producing property evenly over its economic life. Each year, the same fixed amount of value is deducted to reflect the gradual loss in...
