The percent of trailing 12-month earnings that have been recycled back into the company. Generally, the rate of return required to attract capital to a particular investment. That part of a building or structure above the ground or foundation. Exhibits, Financial Statement Schedules and Reports . Tangible, depreciable property held for the production of income. The process whereby the book value or collateral value of the security is adjusted to reflect current market value. Units are vested with the authority to manage the affairs of the Partnership. An appraisal term referring to the value created by a person's personal preferences for a particular type of property. The estimated value of a property at a specified future date.

Those lands subject to flooding when a stream or river is at flood stage. Reserve Board may be used to satisfy liquidity requirements imposed by the OTS. An agent's compensation for negotiating a real estate or loan transaction, often expressed as a percentage of the selling price. Improvements outside the boundaries of a property that enhance its value, such as sidewalks, streets, curbs, and gutters. In options trading, the point at which the strike price is equal to the market price of the underlying security. The price at which property might be sold at some future date.

Arbitrary denial of real estate loan applications in certain geographical areas, without considering individual applicant qualifications. The possible use of a property that would produce the greatest net income and thereby develop the highest value. Percentage paid for the use of money, usually expressed as an annual percentage. The total amount of available space compared to the total inventory of space and expressed as a percentage. The construction of a project in which a third party is responsible for the total completion of a building, or for the construction of tenant improvements to the customized requirements and specifications of a future owner or tenant. When an owner owns all the rights in a real estate parcel.

Land in its natural state, having no physical improvements such as grading, sewers, or structures. Demand deposits go into a demand deposit account, which is similar to a checking account. Electronic registration of ownership and interests in securities. Stabilized income after vacancy and bad debt allowances that a property is expected to generate. They are in accordance with building codes, deed restrictions, and zoning requirements. The minimum fixed guaranteed rent in a commercial property lease. The acquisition of additional properties through the refinancing of properties already owned. The amount invested in the development or purchase of a property that is immedi-ately deductible for tax purposes, such as prepaid interest and fees. The distance from a curb, property line or other reference point, within which building is prohibited. Form of co-ownership giving each tenant equal interest and equal rights in the property, including the right of survivorship.

Lien upon the property of a debtor resulting from a decree of the court. The ratio of investment income to the total amount invested over a given period of time. We believe that our audits provide a reasonable basis for our opinion. The unit change in the delta for a unit change in the underlying security. An increase in value for any reason, except inflation. The court will appoint an administrator if no executor is named. The day of the month on which the borrower's payment is due. In such cases, the Partnership may at its option recognize such transfers. Rental payments under a lease that are fixed and unchanged throughout the term of the lease. The federal agency that supervises and oversees the issuance and exchange of public securities. The party to whom personal or real property is sold.