Merger


Definition of "Merger"

Jesse Harris
Jesse Harris Better Homes and Gardens Real Estate Metro Brokers

Combination of two or more real estate brokerages into one, with only one company retaining its identity. Typically, the larger of the two companies is the company whose identity is maintained. It often involves an exchange of stock.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Acquisition

Function of securing ownership or controlling interest over a property or other object of interest. Occurs either through a purchase or a merger. ...

Merger, Consolidation Or Reorganization Of Plan Sponsor

Change in the nature of an employer or other organization that sponsors a qualified pension plan. A qualified plan must guarantee vested benefits due ...

Merger Of Title

Forming two or more parcels of property under one title. Normally, the smaller parcel (s) are joined to the title of the larger parcel. The merger of ...

Wainscot

Wood panels on a wall. ...

Real Estate Mortgage Investment Conduit (REMIC)

Holding pool of mortgages. It is marketed as a tax exempt mortgage backed security for investors. ...

Damage Deposit

Prepayment to cover any physical damage other than normal deterioration caused by the tenant. ...

Popular Real Estate FAQ

What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair ...

What Is A Gift Letter?

A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included ...

What Is A Commitment Letter?

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...

Who Is A Subagent?

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

What Are Prepayment Penalties?

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small f ...

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

Down Payment: Everything You Wanted to Know Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate?

FAQ

What is an index? Should I Pay Extra Each Month? What is a Ginnie Mae? What is flood insurance? What is an agent?