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REAL ESTATE TERMS - V
 


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Vacancy rate: The total amount of available space compared to the total inventory of space and expressed as a percentage


Variance: Permission that allows a property owner to depart from the literal requirements of a zoning ordinance that, because of special circumstances, cause a unique hardship. Applicant must prove a need or fault.

Use the Search Box to find Real Estate Terms

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Also see:  Commercial Real Estate Terms

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