Operating Expense Ratio (Oer)
The ratio of operating expenses to effective gross income. The percentage derived from the ratio can be used by an appraiser to determine if the operating expenses are appropriate for the property.
More Real Estate Definitons
Watt-HourGovernment lotsBook CostSidingDeamortizationHearthLot BookCellarGridOverpassWitnessOrdinanceExchangorPanePromisorDamperJointRent SubsidyConveyanceLittoralArtesian WellArbitrary MapNovationCodeWork EquityDensity zoningKilogramKerfAcre FootKilometerUtility RoomWaterproofQuestion Of LawAlcoveDebtUnitiesChose In ActionHomekeeperNull And VoidEasy Doc LoansTrustee’s deedResidual Income