We wrote this glossary of terms to help you better understand real estate jargon. Going beyond just definitions, we give you examples and synonyms to other perspectives so you can put the lingo to good use in your home search.
There are 1 names in this directory beginning with the letter F.
FREE-MARKET (Market-Rate)
An apartment unit that is not rent-stabilized or rent-controlled. A free-market or market-rate apartment is a unit where the rental rate and lease terms are negotiated between the owner and tenant. (Source: NYC.gov)
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