Model Unit
Definition of "Model unit"
Representative house, apartment, or cooperative used as a sales tool to show how the actual unit bought will probably appear in design and construction. An example is a model apartment.
Popular Real Estate Terms
Administering and directing the activities of a real estate brokerage firm to assure they are in compliance with regulations and policies. ...
Member Of the American Institute of Real Estate Appraisers. ...
Body o law relating directly to condominiums and cooperative developments. Most property law provides vertical ownership of property in the sense that property owners own mineral rights as ...
Money paid for a real estate project or investment that can be taken off on the tax return as an expense. Expenditures made during construction of a building that do not go directly into ...
Value is exchanged by the parties to an agreement involving current or future performance making it legally enforceable. Without reasonable consideration for performance, the contract may ...
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Removal of a tenant from a portion of a rented or leased premise. ...
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Determining the measurements of a specific location. ...
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