Reservation


Definition of "Reservation"

Henry McEachern
  Remax Essential


  1. Not sure about something such as suspecting the truthfulness of statements made by a real
    estate agent.
  2. Stipulation in a deed giving the grantor some retained privilege or right in the property.
  3. Appointment such as meeting a real estate broker at a specific location and time to see houses
    for sale.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Dead Storage

Storage of inactive items, including automobiles, for a certain period. Normally, a storage facilit ...

Allegation

Accusation, charge, claim, inculpation, or statement of a party to an action against a respondent. ...

Zoning Board Of Appeals

A municipal or county local government board that resolves zoning disputes. ...

Deflation

General decrease in prices. It is the opposite of inflation and different from disinflation, which ...

Leverage In Real Estate Investing

Use of other people's money (OPM) in an attempt to maximize the return but at high risk. The use of ...

Interest Rate Change Risk

One of four types of risks used by the society of actuaries (SA) to determine a life insurance compa ...

Related Real Estate FAQ

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from dis ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and ...

What Is A Buildable Acre?

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

What Is A Foreclosure?

A foreclosure is the legal process by which a mortgage property is seized due to default and then so ...

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in ...

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

Tax Breaks for the First Time Home Buyer What do Real Estate Attorneys do? 7 Things to Consider Before Moving to a New City Why Right Now is a Good Time for Millennials to Buy a Home Foreclosure - The Pros and Cons of Buying

FAQ

How much Life Insurance do I need? What is the difference between a real estate broker and a real estate agent? When Should I Get Travel Insurance? What is an investment property? What is a seller takeback?