Relocation

Relocation

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

Contributors in Relocation

Relocation

The insertion of language into a contract of sale which requires that a stated event, such as obtaining mortgage financing, or conducting inspections, selling a home must occur before the contract ...

Construction loan

Business services; Relocation

A short-term loan to pay for the construction costs of a building or home. These loans typically provide periodic disbursements to the builder as each stage of the building or home are completed. ...

Concessions

Business services; Relocation

Items granted to a buyer that is outside the original terms of the listing agreement i.e. Closing costs, mortgage discounts points, etc.

Comparables

Business services; Relocation

In an appraisal or broker market Analysis, the sold and listed properties that are used to establish Anticipated Sale Price or Most Likely Sales Price.

Common lands

Business services; Relocation

The land, roadways, recreational facilities, and building sections owned jointly, most often encountered in condominium ownership or planned unit developments (PUD).

Acquisition and carrying costs

Business services; Relocation

Those fees and charges associated with establishing an appraised value, taking a home into inventory (except for formal closing costs in which title passes from the employee to the purchaser), and ...