Relocation

Relocation

Referring to any service that assists a family to move house or a business to move from one establishment to another.

Industry: Business services

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Relocation

Relocation appraisal

Business services; Relocation

The methodology and format by which the Anticipated Sales Price of a residential housing unit, using the market data approach to value, is established. Assumes an arm's length transaction, and ...

An allowance provided to transferred employees to offset miscellaneous expenses encountered during a household move, which are not otherwise reimbursed. The allowance is paid either as a lump sum or ...

Refinance

Business services; Relocation

The process of paying off one loan with the proceeds from a new loan using the same property as security.

Home management

Business services; Relocation

Managing a property for a client and employee while they are living elsewhere. Can include renting and maintaining the client's home while the client is overseas or on an extended temporary ...

Driving instruction

Business services; Relocation

Classes taught in the classroom and/or on the road in the host country.

Due on sale

Business services; Relocation

A clause in a mortgage providing that if the mortgagor sells, transfers, or in any way encumbers the property, the mortgagee has the right to implement the acceleration clause making the balance of ...