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What does rental real estate mean?
Rental real estate is any property for which the owner receives payment by another for use or occupation of the property. It can be commercial, storage, industrial, residential or vacation property.Rental real estate is any property for which the owner receives payment by another for use or occupation of the property. It can be commercial, storage, industrial, residential or vacation property.Rental real estate is any property for which the owner receives payment by another for use or occupation of the property. It can be commercial, storage, industrial, residential or vacation property.Rental real estate is any property for which the owner receives payment by another for use or occupation of the property. It can be commercial, storage, industrial, residential or vacation property.
Are hotels commercial property?
Yes unless the owner lives there, B&Bs for example are considered residential.
How does commercial property insurance differ from residential property insurance?
Commercial property insurance is often higher because the space in question is being used for a business that may or may not fail. However, residential property insurance applies directly to the resident or owner and is less risky.
Is it legal to dig sand in a residential neighborhood?
It is not legal to remove sand from property that does not belong to you without the owner's permission.
How do you start a residential home?
how do i start a residential home? where can i get info and funding?
When do you have to have a certified general appraisal?
A Certified General Appraiser is required if the property is a non-residential property or a residential property that exceeds four units.
Can residential property be levied to pay debt?
Yes residential property can be levied to pay back a debt. It is common for a bank to put a levy on a property.
Is commercial property worth more that residential?
It depends on a lot of things such as location and size of the property. However usually residential property is more expensive.
How much insurance should a family have for a residential home?
The amount of insurance a family should have on a residential home depends on the type of home, the square footage of the home, if it requires flood insurance and if the home owner wants to cover property loss.
If you are paying taxes on a property in Texas does that make you the property owner?
No, paying property taxes on a property does not make you the property owner. Only a properly executed deed naming you as the owner would make you an owner.
Are Apartments a commercial property?
No residential.
Is a bed breakfast residential or commercial property?
A bed and breakfast should be considered commercial property. Residential property is classified as single home dwellings not for business use.
