First User


Definition of "First user"

Tony Salerno
  Real Estate Two Inc.

Initial user of real estate property, such as the first tenant in a newly constructed apartment building or office building


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Personal History

Insurance applicant's life and health record, financial standing, driving record, general character, ...

Indivisible Contract

Inability to divide a cash value life insurance policy into a savings element and a protection eleme ...

Nonperformance

Failure or refusal to perform a specified action. The failure to fulfill contractually agreed upon t ...

J Factor

Factor employed by real estate agents or appraisers to determine the change needed in operating inco ...

Foreign Credit Insurance Association

Same as term Export-Import Bank: partnership between an agency of the U.S. government and the Foreig ...

Tax Avoidance

Payment of the minimum tax by using legal tax planning opportunities such as estate planning. The us ...

Related Real Estate FAQ

What Is A Foreclosure?

A foreclosure is the legal process by which a mortgage property is seized due to default and then so ...

What Is A Wraparound Mortgage?

A wraparound mortgage is a new mortgage that includes the remaining balance on an old mortgage, plus ...

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

What Is A Good Faith Estimate?

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closi ...

What Is An Agent?

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

What Is A Broker?

An agent who is authorized to open and run his/her own agency. All real estate offices have one prin ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Build or Buy? That’s the Big Question What Must I Disclose When Selling My Home? 3 tips to ensure your sale goes through 7 Tips for a First Time Homebuyer When to buy a house

FAQ

Why do people refinance? What is an appreciation? What does preapproved mean? What is principal? What is a proration?