Liquidation Price
cash value or other consideration that can be received in a forced sale of real estate, such as that occurring in a foreclosure or when a company is going out of business. The liquidation value is typically less than what could be received from selling assets in the ordinary course of business.
Popular Real Estate Terms
Real estate bought and leased to tenants to obtain rental income. ...
Charges billed for services rendered. They may be on a flat basis or on an hourly rate. ...
Room in a building used to collect solar heat. To provide for such collection, a room is generally constructed with a glass roof and walls. ...
Matters that need to be rectified in a home or building prior to its sale or acceptance by a new owner. For example, a leaking water pipe should be repaired prior to showing the property to ...
Self-employed contractor who may perform work on a structure such as residential or commercial property. ...
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