A Kansas City Real Estate Company
Relocating, Relocation And Moving to Kansas City, Missouri,
Kansas City, Kansas or Johnson County, Kansas which includes Overland Park, Lenexa, Olathe, Desoto, Mission, Prairie Village & Leawood.

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K

KEY LOT A parcel of land that because of its location must be acquired in order to assemble several parcels into one large parcel. The key lot may be a corner lot or it could be an interior lot.

 

KEY TENANT A major or primary tenant in an office building or shopping center. Generally such a tenant leases a significant amount of the net leasable space.

 

KICKBACK Payment made to someone for referral of a customer or business. Generally speaking, kickbacks are illegal. The reason is that, unlike a commission, a kickback is made without the customer's knowledge; thus, the referral could have been made without the customer's best interest at heart. Secret kickbacks to a lender from a provider of a service are specifically prohibited by the Real Estate Settlement Procedures Act.

 

KICKER The right of a mortgage lender or other investor to share in income, in addition to principal and interest receipts. Also known as equity-kicker and lender participation.

 

KIOSK A small freestanding structure located in a shopping center or mall from which merchandise is sold. The type of products marketed would include film, flowers, ice cream, or any item that is uniform in nature so that it can be purchased with little or no shopping. Typically, the tenants of these operations pay a substantially high rent based on a percentage of sales.

 

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You may contact us at norman@thehormoneshop.com 
Copyright © 2000 - 2007 Brenda Rose - Broker/Owner

Telephone: 318-927-8941


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  • Kansas City Real Estate was a full service Cybernet Realtor team for Kansas City, and if you are searching for us you should capitalize Kansas City and some spell it Kansa which is not correct, Kansa, kansa is a no - no.  We are now retired.  Others spell   Johnson County,differently.  Good search words are: Lenexa
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