Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
GLOSSARY OF TERMS  

GLOSSARY OF TERMS - K

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KICK THE DIRT:

To make a field inspection or site visit.


KICKER:

Signifying some form of equity participation, often related to debt obligations. Can be called participating debt or convertible debt.


KICK-OUT PROVISION:

Provision in a lease which allows a landlord to terminate the lease upon the occurrence of some specified event. Examples would be certain sales figures need to be met or termination for expansion for a preferred tenant.




This Glossary of Commercial Real Estate Terms is provided for general understanding purposes. Readers should consult with their legal and/or accounting professionals for specific situations and questions. TM 1031 Exchange Inc. and its employees provide neither legal nor accounting services or advice.
Commercial Real Estate