Who holds the future interest known as a remainder?
Who holds the future interest known as a remainder?
remainderman
What does reversionary mean?
Reversionary(adj) of or pertaining to a reversion; involving a reversion; to be enjoyed in succession, or after the termination of a particular estate; as, a reversionary interest or right. Reversionary(noun) that which is to be received in reversion.
How does a reversionary pension work?
A reversionary pension is an income stream you set up with your superannuation or SMSF that automatically passes to your chosen reversionary beneficiary (such as your spouse) on your death.
What is meant by reversionary bonus?
Reversionary Bonus is the bonus declared every year as a percentage of (Guaranteed Maturity Benefit#/Sum Assured* + sum of all earlier declared Revisionary Bonuses). It is payable on death of the life assured or maturity of the policy.
What does freehold reversion mean?
A freehold reversion is where the property reverts back to the freeholder on expiry of the lease term. Ring the auctioneers and get them to confirm the interest being sold at auction/
How is reversion value calculated?
It depends on for whom and for what purpose you are evaluating the property, but usually a 10-year holding period is assumed. The discounted cash flow adds the sum of the present value of the first 10 years NOI and then uses the eleventh year NOI to determine the reversion value.
What is reversion value?
The Reversion Income (Reversion Value) is the value attributable to the property remaining at the time of the property’s reversion – this may be the end of the lease term, or perhaps the end of the property’s Remaining Economic Life.
What is rent reversion?
Rental Reversion. A metric captured by some REITs to show whether new leases signed have higher or lower rental rates than before.
What is reversion rate?
Reversion Rate: This is the rate to which your mortgage will revert at the end of any incentive or fixed rate period. For example, you may have a three-year fixed rate mortgage of 5.75%. At the end of the three years the mortgage rate may change to 6.4%; therefore the reversion rate would be 6.4%. S.
How does a home reversion plan work?
With a home reversion scheme, you sell all or part of your property at less than its market value in return for a tax-free lump sum, a regular income, or both, but stay on in your home as a tenant, paying no rent. Home reversion plans are one of the two main types of equity release. The other is a Lifetime mortgage.
What is reversion in microbiology?
A reversion is what happens to the medium when an organism switches metabolic modes from fermentation to deamination of peptone amino acids, AFTER the exhaustion of carbohydrate.
What is a Home Income Plan?
With a home income plan, equity is released through a lifetime mortgage or a home reversion plan and is automatically invested into an annuity that is built into the plan, to generate an income for life. A cash lump sum may be available in addition to an income, but the amount may be restricted.
What is a staircase mortgage?
It means that you take out a smaller mortgage to repay for the part of the property that you have bought, and usually with a smaller deposit. One of the biggest benefits to buying a shared ownership property is that it can give you the option of a process known as `staircasing`.
What is alkaline reversion?
Alkaline Reversion. Phenomenon that gives a false negative because all the lactose has been depleted, resulting in ammonia. The ammonia changes the pH, which changes the color back to red.
What is deposited property?
“Deposited property means the total value of the underlying assets of the. scheme. “. In another words, it is the total asset value of the REIT. This guideline helps to ensure that a REIT is primarily a property landlord, such that it is able to distribute a stable and regular dividend from its rental income.
What is DPU yield?
DPU yield is the annualised DPU divided by the share price. Simply put, NAV equals the estimated market value of a Reit’s total assets minus the value of all liabilities. For Reits, real estate property assets are generally the single largest line item on the balance sheet.
What is DPU accretive?
An accretive acquisition, is an investment that increases the acquiring entity’s earnings per share (EPS), or distribution per unit (DPU). It is also sometimes referred to as a yield-accretive acquisition. The term is mostly seen in announcements for a proposed property, or company acquisition.
What does accretive mean?
What is Accretive? In both finance and in general lexicon, the term “accretive” is the adjective form of the word “accretion”, which refers to gradual or incremental growth. For example, an acquisition deal may be deemed accretive for the absorbing company, if that deal contributes to an increase in earnings per share.
What is DPU REIT?
Real estate investment trusts (REITs) are well-known for their income-producing ability. One of the factors I look out for before investing in a REIT is whether it is increasing its distribution per unit (DPU). DPU is money that investors receive from investing in REITs.
What is NPI REIT?
The National Council of Real Estate Investment Fiduciaries Property Index (NPI) is the accepted index created to gauge the investment performance of the commercial real estate market.
How do you work out NIY?
The passing rent or net operating income divided by the gross property value including notional acquisition costs.
What is the formula for Noi?
The formula for calculating NOI is as follows: NOI = real estate revenue – operating expenses.
Is Cap rate the same as yield?
Yield is another name for the rate of return. A property’s yield, while similar to its capitalization (cap) rate, can differ in that yield measures income / total cost, while cap rate measures income / price or value.
