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Jun 15, 2021 · Business 40 Common Real Estate Abbreviations and Acronyms . Written by MasterClass. Last updated: Jun 15, 2021 • 7 min read
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Jan 6, 2023 · Bo Kauffmann is a residential real estate agent with over 18 yrs experience in helping buyers and sellers achieve their goals. Inducted into the REMAX Hall of Fame in 2010 and receiving the REMAX Lifetime Achievement Award in 2019, Bo has sold over 500 houses and condo s in the Greater Winnipeg market.
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- How to Use This Glossary of Real Estate Terms and Abbreviations
- Glossary of Real Estate Terms and Abbreviations
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Mac users: hold command + F to search for a real estate term Windows users: hold control + F to search for a real estate term
Absentee landlord:An owner or sub-lessor who does not reside in the place or area in which he/she owns real estate from which he/she derives rental income. Abstract of auction:A summary of the auction advertisements which appears in the property page of a newspaper. Abstract of title:A chronological summary of conveyances, mortgage or leases and ot...
Mar 20, 2023 · Zillow, Inc. holds real estate brokerage licenses in multiple states. Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. § 442-H New York Standard Operating Procedures § New York Fair Housing Notice TREC: Information about brokerage services, Consumer protection notice California DRE #1522444Contact Zillow, Inc ...
Scarcity has to do with the supply of real estate available. The scarcer the supply of real estate available, the more valuable the property. Transferability, The deal is worthless unless the seller can transfer a clear property title to the buyer. Utility is the use to which a property can be put. The more uses that a property can be put to ...
Nov 13, 2023 · Even if you know every one of the 136 real estate terms on this list and how to use them, your clients expect you to be their interpreter. This comprehensive list of real estate definitions will help you ensure you’re communicating with clients effectively. After all, great communication leads to closed deals.
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Commercial real estate refers to real estate used for business purposes, such as office buildings and skyscrapers. Commercial real estate is investing in properties such as warehouses, offices, hotels, malls, and medical centers. A property may be used for commercial purposes and will most likely feature multi-family units (5 units or more).