Ceiling
Commercial property & real-estate term
The limit over which the interest rate on a variable rate mortgage may not rise over the life of the loan.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “C”
Commercial property Cost approach Contiguous space Cumulative interest Collateral mortgage Common areas Compound interest Conversion clause