Glossary of Real Estate Terms (ya-yi)
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Yard
(1) A unit of measurement equaling three feet .
(2) The open, unoccupied space on the plot between the property line and the front, rear or side wall of a building.
Year-to-Year tenancy
A periodic tenancy in which the rent is reserved from year to year.
Yield
The return of an investment or the amount of profit, stated as a percentage of the amount invested.
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