Simonson Real Estate
JULY 10, 2020
An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date. Value Scenarios.
Simonson Real Estate
DECEMBER 6, 2022
Leased Fee Interest – Defined as the ownership interest held by the landlord, which includes the right to receive the contract rent specified in the lease plus the reversionary right when the lease expires. Source: The Dictionary of Real Estate Appraisal, Sixth Edition, Appraisal Institute, Chicago, Illinois, 2015).
The Robert Weiler Company
OCTOBER 15, 2021
On the other hand, if you are purchasing the commercial property for leasing to tenants, you have two choices when it comes to running the show. You can choose to act as the landlord, handling the typical day-to-day responsibilities; or you can consider hiring a commercial property manager who will administrate those aspects for you.
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