Comprehensive Real Estate Glossary

Welcome to Altre's comprehensive real estate glossary, your ultimate resource for understanding 100+ essential terms in the world of commercial real estate. Whether you're a business owner, investor, or industry professional, our detailed definitions and explanations will help you navigate the complexities of finding and managing office spaces.

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Absorption Rate:
The rate at which available properties are sold or leased in a specific market or area indicating the demand and supply dynamics.
Adjustable-Rate Mortgage (ARM):
A type of mortgage where the interest rate can change periodically usually based on market conditions.
Amortisation:
The process of gradually paying off a loan through regular payments which include both principal and interest.
Appraisal:
An evaluation of a property's value conducted by a professional appraiser.
Assessed Value:
The value assigned to a property by a government authority for taxation purposes.

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