Relocation
Definition of "Relocation"
- The geographic moving of an individual from one region to another usually because of a change in employment. Relocation normally involves the complete moving of the individual's possession from one area to another.
- An office rental tenant who moves from one area in a building to another either at the option of the landlord or the tenant.
Popular Real Estate Terms
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The down payment on the price of a real estate. For example, it is customary to make a down payment of 10% of the value of a real estate parcel upon signing the purchase agreement. ...
To acquit, exonerate, absolve, or discredit allegations. ...
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Voluntary giving up of a right of a lien, usually on a temporary basis. The waiver may be explicitly stated or implied. An example is when a lender waives its right of lien against ...
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