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	Glossary of Real Estate Terms [K]
	Judy Marsales Real Estate Ltd., Brokerage 905.529.3300 Bus. / 905.570.2500 Cell mark@instantpage.org and vivian@instantpage.org

Real Estate Glossary © Copyright Mark DeBruyn-Smith | A | B | C | D | E | F | G | H | I | J | K | L | M | | N | O | P | Q | R | S | T | U | V | W | Z | KEY LOT: A piece of property which is pivotal to the success of a proposed development. 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 favourable lease provisions as an incentive to lease space. KICKBACK: Gratuitous payment made to a person for a referral of business. 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". KIOSK: Any small structure that stands alone, usually for the purpose of supplying a product or service (i.e. the attendant's booth in a parking lot, a lottery booth in the centre of the promenade of a mall). | A | B | C | D | E | F | G | H | I | J | K | L | M | | N | O | P | Q | R | S | T | U | V | W | Z |

©Copyright 1999 - 2011. Mark DeBruyn-Smith. Mark DeBruyn-Smith B.A., Salesperson / Vivian DeBruyn-Smith Hon. B.A., Broker Judy Marsales Real Estate Ltd., Brokerage 905.529.3300 Bus / 905.570.2500 Cell 263 Locke St. S., Hamilton Ontario www.judymarsales.com All Rights Reserved. Reproduction in whole or in part is strictly prohibited except as indicated under the terms of use of this website. Use of this website signifies your agreement to the Terms of Use. The REAL ESTATE, MORTGAGE AND CONSTRUCTION GLOSSARY'S found on this Site are compilations of terms commonly used in the real estate, mortgage and construction industries. This publication has been created to provide general overview information with regard to these industries, and while generic, this information may not be applicable to all juristictions. It is provided with the understanding that the publisher is not engaged in the rendering of legal, mortgage or any other professional advice or services. If legal advice or other expert assistance is required or needed, the services of the appropriate professional should be sought and you should not rely on the information found herein. Please read the "Terms of use" of this Site for further information on this matter. Your use of this site is subject to the additional disclaimers and caveats that appear in the terms of use document.