The London Education Property Specialist
Glossary
- A2 financial and professional services
- A3 restaurants and cafes
- A4 drinking establishments
- A5 hot food takeaways
- Absolute compliance
- Adjudication
- Air Source Heat Pump
- Alienation
- Alienation provision
- Alterations
- Alternative Dispute Resolution (ADR)
- Antecedent Valuation Date (AVD)
- Arbitration
- Asbestos Register
- Asset valuation
- Assignee
- Assignment
- Assignor
- Auction
- Authorised Guarantee Agreement (AGA)
- B1 business
- B2 general industry
- B8 (storage & distribution)
- Beneficial occupation
- Biodiversity offsetting
- Biodiversity Roof (Green Roof)
- Break clause
- Break notice
- Break option
- BREEAM
- Brownfield land
- Building insurance
- Building survey
- Business Rates
- C1 hotels
- C2 residential institutions
- C2A secure residential institutions
- C3 dwellinghouses
- C4 houses in multiple occupation
- Calderbank offer
- Capex
- Capital Value
- Cash Flow
- CDM-C
- Change of use
- Clawback
- Completion notice
- Compulsory purchase
- Condition precedent
- Contaminated land
- Contracting out
- Contractors test
- Covenant
- CPI (Consumer Price Index)
- D1 non-residential institutions
- D2 assembly and leisure
- David Bowie (8 January 1947 – 10 January 2016)
- Decoration covenant
- Demised premises
- Depreciation
- Determination
- Dilapidations
- Dilapidations protocol
- Diminution Valuation
- Discounted cashflow
- Disrepair
- Empty rates
- Endorsement
- Energy Act (The)
- Energy Performance Certificates (EPC)
- Equivalent yield
- Estate charge
- Estoppel
- Exit yield
- Expert determination
- Expert witness
- External valuer
- Final schedule of dilapidations
- Fit out costs
- Five Year Rule
- Five yearly revaluations
- Fixed and minimum uplift rents
- Forfeiture
- Freehold
- Freeholder
- FRI (Full Repairing and Insuring)
- General Rate Act 1967
- Greenfield land
- Gross income
- Gross internal area (GIA)
- Ground lease
- Ground Source Heat Pump (GSHP)
- Headline rent
- Heads of terms
- Hereditament
- Hold period
- Hurdle rate of return
- Hypothetical lease terms
- Incentive
- Independent expert determination
- Indexation
- Initial yield - gross
- Initial yield - net
- Interim rent
- Interim schedule of dilapidations
- Internal Rate of Return (IRR)
- Internal Repairing Lease (IRL)
- International Property Measurement Standards (IPMS)
- Investment property
- Investment yield
- Jervis v Harris clause
- Joint sole expert
- Landlord and tenant acts
- Landlord’s consent
- Lands Chamber
- Lease
- Lease expiry/renewal
- Lease length
- Lease regear
- Lease renewal
- Lease security
- Lease surrender
- Lease term
- Leasehold
- Legal costs
- Lessee
- Lessor
- Letting agent
- Licence
- Licence for alterations
- Licence to alter
- Lifetime cost
- Liquidity
- Loan valuations
- Loan to value (LTV)
- Loan to value ratio
- Local authority searches
- Long Leasehold Interest
- Loss of rent
- Managed office space
- Managing agent
- Market Rent (MR)
- Market Value with existing use
- Market Value (MV)
- Material change in circumstances
- Material compliance
- Mediation
- Memorandum of review
- Mezzanine floor
- Net effective rent
- Net income
- Net initial yield (NIY)
- Net internal area (NIA)
- Net present value
- Net yield
- Nil increase
- Demise
- O’May rules
- Onerous lease provisions
- Open market rent
- Open market rent review
- Overage
- PACT
- Part 36 offer
- Party wall surveyor
- Premium
- Prime investment
- Private treaty
- Privity of contract
- Proposal (business rates)
- Purchase costs
- Quantified demand
- Quiet enjoyment
- Quinquennial
- Rack rent
- Rack rented
- Raised floor
- Rateable Value
- Rates exemptions
- Rating liability
- Rating list
- Real estate investment trust (REIT)
- Red book valuation
- Reinstatement
- Rent
- Rent review
- Rent review (market value -v- indexed linked)
- Repair covenants
- Repair notice
- Restrictive covenant
- Retail Price Index (RPI)
- Revenue per available room (RevPAR)
- Revenues and expenditure method
- Reverse premium
- Reversionary yield
- Schedule of condition
- Schedule of dilapidations
- Scott Schedule
- Section 18
- Section 25 notice
- Section 26 notice
- Sections 24-28 of the 1954 Act
- Security of tenure
- Service charge
- Specialised trading property
- Stamp Duty Land Tax (SDLT)
- Statutory obligation
- Sub-letting
- Subject to contract
- Substantial compliance
- Sui generis
- Supersession
- Surrender
- Tenancy
- Tenancy at Will
- Tenant's improvements
- Tenant’s representative
- Terminal schedule of dilapidations
- Termination
- Transfer of a Going Concern (TOGC)
- Transition
- Triple net income
- Turnover rent
- Uniform Business Rate (UBR)
- Use Class
- User Clause
- Valuation Office Agency (VOA)
- Valuation Roll
- Valuation Tribunal
- Without prejudice
- Year to year
- Yield
- Yielding up
- Zoning
- A1 shops