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

Bridge loan

Business services; Relocation

A loan that is provided to an employee by his/her company to assist in purchasing a destination home when the departure home has not yet sold. The loan is typically interest free.

Subcontractor

Business services; Relocation

A specialist such as a plumber or roofer who is hired by the general contractor to perform a specific task on a construction job.

Temporary warehouse storage of your shipment pending further transportation, for example, if your new home isn't quite ready to occupy. You must specifically request SIT service, which may not exceed ...

State fees

Business services; Relocation

Fees typically charged by state governments regarding the transfer and recording of real estate transactions. These may include revenue stamps, transfer taxes, or other transfer charges.

Special assessment

Business services; Relocation

A special tax levied on real property for specific purposes such as providing paved streets, sidewalks, new sewers, etc.

Settlement statement/HUD

Business services; Relocation

A statement prepared by a broker, escrow agent or lender giving a complete breakdown of costs associated with the sale of real estate. Separate statements are prepared for the seller and buyer.