GLOSSARY OF TERMS

YIELD:

The return on an investment or the amount of profit, stated as a percentage of the amount invested; the rate of return. Yield refers to the effective annual amount of income that is being accrued on an investment. The yield on income property is the ratio of the annual net income from the property to the cost or market value of the property. There are going-in, free and clear, cash on cash and in place vs. stabilized yields.

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.