Real estate definitions Dictionary provided as a service by Sandee Conley of Century21 Doug Anderson Realty, Lancaster California
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HAPPY TO HELP YOU BUY OR SELL A HOME ANYWHERE IN THE ANTELOPE VALLEY INCLUDING PALMDALE - LANCASTER - QUARTZ HILL - RANCHO VISTA - ACTON - LITTLEROCK - LEONA VALLEY - GREEN VALLEY - ANTELOPE ACRES - CANYON COUNTRY - SANTA CLARITA - VALENCIA ... PLEASE CALL SANDEE AT 1-877-SCONLEY TODAY!Acton - Adelanto - Agua Dulce - Ana Verde Hills - Antelope Acres - Antelope Valley - Canyon Country - Juniper Hills - Lake Elizabeth - Lake Hughes - Lake Los Angeles - Lancaster - Leona Valley - Littlerock - Llano - Palmdale - Pearblossom - Quartz Hill - Rancho Vista - Santa Clarita - Shadow Acres - White Fence Farms - Barrel Springs - Rosamond
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KEY LOT:
A lot which has adjoining on its side the rear of another lot.  It is least desirable.

KEY TENANT:
For a commercial or office development, the resident who attracts other residents or customers, such as a major chain store in a mall or a law firm in an office building. May gain favorable lease provisions as an incentive to lease space.

KICKBACK:
Gratuitous payment made to a person for a referral of business.

KICKER:
Additional compensation for a lender or investor, the right to share in the income from the property in addition to payments of principal and interest. Also known as "equity kicker" or "lender participation".

KIOSK:
Any small structure that stands alone, usually for the purpose of supplying a product or service (i.e. the attendant's booth in a parking lot, a lottery booth in the center of the promenade of a mall).

 


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