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Real Estate Glossary |
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| K |
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KEY LOT - A lot that has added value because of its strategic location, especially where it is needed for the highest and best use of contiguous property. KICKERS - Different types of equity participation a lender may seek as a condition for lending money, such as participation in rentals, profits, or extra interest. KIOSK - A small structure usually constructed of wood with one or more sides open and typically used as a newsstand, photo film center or ice cream stand. |