Real Estate Glossary: K
April 16, 2008 by Montreal Real Estate Blog
Filed under Real Estate Glossary
Key Lot
A property that must be acquired because it is essential to the development of land, either because of its strategic location or the timing of the acquisition.
Kicker
Any benefit to a lender above ordinary fixed-interest payments such as an equity position in a property or a percentage participation in the income stream.
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