split rate

Definition

Capitalization rates applied separately to land and improvements; used to determine the value of each separately instead of as a whole.

Use split rate in a sentence

You should try and make sure that you are getting the best price any time you are taking on a split rate.

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SPLIT RATE Capitalization rates applied separately to land and improvements; used to determine the value of each separately instead of as a whole.

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SPLIT RATE Capitalization rates applied separately to land and improvements; used to determine the value of each separately instead of as a whole.

​ Was this Helpful? YES  NO 2 people found this helpful.

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