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Glossary

Leasehold Interest

A leasehold interest represents a tenant’s legal right to occupy and use a property for a specified period under the terms of a lease agreement. Leasehold interests may have significant value and can often be bought, sold, or transferred.

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Long-Term Cash Flow

Long-term cash flow refers to income generated consistently over an extended period. Ground leases and infrastructure agreements often provide predictable long-term cash flow through recurring lease…

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Lump Sum Payment

A lump sum payment is a single payment made at one time rather than through a series of future installments. Property owners often receive lump sum…

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Net Present Value (NPV)

Net Present Value (NPV) is a financial calculation used to determine the current value of future cash flows using a predetermined discount rate. NPV helps investors…

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