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Decorative Concrete we won't undersold!! Decorative Concrete we won't undersold!!

Informative Articles

Creating Comfort Under Ceilings That Soar (Decorating With Wallpaper)
(ARA) - It's not surprising that vaulted ceilings are a growing trend in today's new homes. Ceilings that rise two or more stories in one continuous expanse certainly give rooms a feeling of spaciousness. They also add a sense of drama,...

Good Carpet is best
There is nothing like walking barefoot on great carpet. This is an area where you do not want to scrimp, but you do not need to break the bank. I always tend to go a little over the middle of the road on carpet. There does not seem to be...

Here's What a Jacuzzi Will Do For You
Jacuzzi's are a great recreational and health benefit for a home. Having some idea what type and what uses you will have for it, are keys to purchasing the right one for you. There's nothing like going to a hotel and finding out you are in the...

Second Mortgage for Home Improvement
Now that you have been in your home for a few years and you have established some equity, you may be considering doing some home improvement with a second mortgage. Home improvement comes in many forms. Such as a new kitchen, bathroom, roof,...

Shingling A Roof
Shingling or roofing a house is a major undertaking for a homeowner and extreme caution is required. This said, a Do-It-Yourselfer homeowner can shingle or roof their own home with a little knowledge and the right tools. Required Tools In...

 
Commercial Real Estate Definitions – From O To Z

Commercial real estate is distinctly different from residential real estate. The terminology is very different and here is a list of new terms from O to Z.

Commercial Terms

Operating Expenses: Just as it sounds, operating expenses are those costs associated with operating a commercial property. Contract and state law typically govern the exact nature of the operating expenses.

Partition Wall: A wall built in the internal area of a suite to divide the general space. For instance, offices built during a tenant improvement project with have partition walls separating them.

Punch List: A punch list runs part and parcel with a walk through of completed construction work. The construction company and client will walk through the area and complete a punch list of items that need to be fixed or modified. .

Shell Space: The interior of a commercial building that has been completed, but does not yet have any tenant build outs. The shell space generally refers to this gross square footage regardless of whether tenant improvements have occurred or not.

Substantial Completion: Notice given by a

Decorative Concrete we won't undersold!!


contractor to the client indicating the property has been completed to the point where a walk through and punch list review are appropriate.

Usable Square Feet: The square feet in a building, suite, warehouse and so on that can actually be used by tenants. Due to building regulations and design issues, certain amounts of a space in a tenant suite may not be usable and such footage is excluded from this calculation

Unlike residential real estate, commercial real estate is primarily considered a business transaction. Learn the terms and you’re well on your way to moving smoothly through the process.


About the Author: Dan Lewis is a mortgage broker with http://www.gwhomeloans.com - San Diego mortgage brokers providing home loans and refinances. Visit http://gwhomeloans.com/services.html to learn more about options for San Diego mortgages.

Source: www.isnare.com

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