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Apportionment - Adjustment of the income, expenses or carrying charges of real estate usually computed to the date of closing of title so that the seller pays all expenses to that date. The buyer assumes all expenses commencing the date the deed is conveyed to the buyer.
1 wrz 2023 · In real estate, acceptance occurs when the buyer and seller agree to the terms of a purchase contract. This agreement is made when the seller signs the contract, thereby accepting the offer made by the buyer.
Vendor bids, caveats, LVI and LMI got you confused? From appraisal to unconditional, here’s your complete guide to real estate terms explained.
Black’s Guide’s Glossary of Real Estate Terms provides a complete reference dictionary of terms and phrases used in the commercial real estate industry. These definitions have been endorsed by numerous industry organizations as the Market Standard for their respective regions.
13 lis 2023 · 136 Real Estate Terms & Definitions Your Clients Expect You to Know. See full bio. Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients.
20 mar 2023 · When searching for a home or applying for a mortgage, you may hear your real estate agent or lender use any of the terms or acronyms below. Keep this guide handy — you'll be fluent in the language of home buying before you know it.
5 paź 2021 · Specifications for architecture, engineering, landscape, and the built environment give construction teams a detailed overview of the project work, required performance, and product selections. This article answers some commonly asked questions about specification and NBS.
