Definition of "Optionor"
Person or business that provides an option to someone else.
Popular Real Estate Terms
Judicially determined minimum selling price for auctioned property. For example, a judge rules that a foreclosed home may be sold for less than $200,000, ...
All expenses related to maintaining and operating a household. These expenses include the cost of rent or mortgage payments, taxes, utilities, maintenance and structural improvements. The ...
There’s no mystery. The actual age of a property is the chronological age of a property. Say a house was built two decades ago. That house’s actual age is 20 years old.The ...
Arrangement the insured and insurer share on a proportional payment for a loss. ...
Amount awarded by a government when a person's property is condemned and he must move. ...
In appraisal jargon, property currently being appraised. ...
Legal proceeding to exercise a right in a disagreement between private individuals or businesses. One party seeks a remedy against the other. It does not involve a criminal situation. ...
Dry ravine formed by water runoff. ...
In an electrical system, the connection box where all the circuit systems are installed with a series of electrical breakers. The major distribution or collection duct in an ...
Comments for Optionor
Looking for a New Home to move in.
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Apr 13, 2020 10:32:39Have a question or comment?
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