What does co stand for in commercial real estate?

What does co stand for in real estate?

A certificate of occupancy, or a CO, is document issued by the local municipality. It states that a property can be legally used for the purpose in which it is zoned.

What is a Co in commercial real estate?

This lease clause allows tenants to reduce their rent or even terminate their rental agreement early in the event that other key tenants leave the retail space and there is reduced traffic as a result. For example, if a mall loses one of their big anchor stores, the other tenants in the mall may evoke this clause.

What does CoStar stand for?

CoStar Group provider of commercial real estate information, marketing and analytic services. CO-STAR, an iterative method for innovation management, the acronym standing for: Customer, Opportunity Solution, Team, Advantages and Results.

What does co mean legally?

A prefix that denotes jointness or the state of being conjunct or united. To be together, with, or not separate from; conjoint or combined. A corespondent in a lawsuit is one who is joined as a defendant in the suit.

Does the buyer or seller get the CO?

Repair Costs. … If you’re selling your house as-is or if it’s a bank-owned house, the buyer is responsible for the costs of getting the certificate of occupancy—including the inspection and repairs. This will all be outlined in the sale agreement, so make sure to read it carefully.

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What are deliveries in commercial real estate?

Real Estate Deliveries means, (a) with respect to any real property owned or leased by a Loan Party, (i) such certificates, affidavits, questionnaires or returns as shall be required in connection with the recording or filing of the applicable Mortgage or Leasehold Mortgage to create a Lien under applicable law and …

How do I sell my commercial real estate?

There are three main strategies for selling a commercial property of any kind:

  1. Work with a commercial real estate broker.
  2. Market your property on commercial or FSBO listings websites.
  3. Analyze off-market data to identify likely buyers and connect with them directly.

Is there a site like Zillow for commercial real estate?

If you want to know what homes are on the market in any given city at any given time, hopping on Zillow can give you a good idea of what’s out there. There really isn’t an equivalent commercial platform. One site that includes a lot of commercial property listings is loopnet.com.

Is CoStar a good company?

CoStar and its people, employees and management, is a good company staffed with nice and fun people to work with. High pays and rich benefits. Relaxed culture for a company at its size.

What is CoStar verified?

At Apartments.com, our CoStar Verified badge is applied to listings that have been independently verified by one of our team members, meaning you can trust the validity and accuracy of the specifics of that listing.

Who is CoStar competitor?

CoStar Group competitors include Reis, Apto, Hightower, BoomTown and RealtyMogul. CoStar Group ranks 1st in Gender Score on Comparably vs its competitors.

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