Holding period

The total length of time an investor expects to possess a piece of property from purchase to sale

Implied cap rate

Net working profit divided by the sum of a REIT's equity industry capitalization and its entire overdue debt

Hold-over tenant

A renter exercising liberties of the leased property following the finish of a rental

HVAC

An acronym for the words for heating, ventilating and air conditioning

Income capitalization value

The signal of market worth acquired for an income-producing piece of property by reorganizing its projected benefits into property value through direct capitalization of expected income or by reducing the annual cash flows for the holding period at a defined yield rate