Lease with a rental, which is a percentage of the appraised value, and is periodically adjusted after being reviewed by independent appraisers.
Reassessment
The revision or reappraisal of the value estimate of property, which may be for tax purposes or contract negotiations.
Rebar
Steel bars that are placed in concrete to provide reinforcement.
Rebar ties
Wire used to connect lengths of rebar.
Rebate
Refund, which resulted from an overpayment of tax, purchase price. Alternately, an amount given as an incentive to buy.
Rebuttable presumption
Presumption that may be refuted by rebuttal evidence but is accepted until proven otherwise.
Recapture clause
Clause in a lease which would allow the landlord a percentage of the tenant's profits over the original fixed amount of rent or alternately, allowing the landlord to cancel the lease if the profits of the tenant fall below a specific level.
Recapture rate
Annual return rate of the capital of a "wasting asset" which is returned from the depreciating asset's earned income.
Recasting
Loan term revision that is often made when a borrower is having difficulty making the payments, such as extending the loan for additional years or modifying the interest rate.
Receipt
The receiving of something or a written acknowledge that something, such as cash or documents, has been received.
