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Don't be confused about the terminology used in the industry, find out what it all means here.
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KEY LOT
A piece of property which is pivotal to the success of a proposed development.
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KEY TENANT
For a commercial or office development, the resident who attracts other residents or customers, such as a major chain store in a mall or a law firm in an office building. May gain favorable lease provisions as an incentive to lease space.
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KICKBACK
Gratuitous payment made to a person for a referral of business.
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KICKER
Additional compensation for a lender or investor, the right to share in the income from the property in addition to payments of principal and interest. Also known as equity kicker or lender participation.
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KIOSK
Any small structure that stands alone, usually for the purpose of supplying a product or service (i.e. the attendants booth in a parking lot, a lottery booth in the center of the promenade of a mall).
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| Robert C. Lages, P.A. CDPE |
| Real Living All Florida Realty |
| Michele Beth Payuk CDPE Cell # 772-979-2199, 1648 SE Port St. Lucie Blvd., Port St. Lucie, FL 34952 |
| Toll Free: 1-866-873-5289 Ext 125 or 140 |
| Phone: (772) 335-1995 Ext 125 or 140 |
| Cell: (772) 529-3290 |
| Fax: (772) 335-3467 |
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