What is 'Relative Value' Relative value is a method of determining an asset's value that takes into account the value of similar assets. This is in contrast with absolute value, which looks only at an asset's intrinsic value and does not compare it to other assets.
What is a Tenant Estoppel? What exactly is a tenant estoppel? By definition, an estoppel certificate is a âsigned statement by a party certifying for anotherâs benefit that certain facts are correct, as that a lease exists, that there are no defaults, and that rent is paid to a certain date.
An Energy Performance Certificate (EPC) is a legal requirement whenever a property is built, sold or rented. Since October 2008, legislation, under the Energy Performance of Buildings Directive, has made it illegal to market a property without a valid EPC. You must order an EPC for potential buyers and tenants before you market your property to sell or rent.