Definition of "Reservation"

Monet Templeton real estate agent

Written by

Monet Templetonelite badge icon

eXp Realty of Northern California, Inc.

  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.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Law of the state establishing guidelines and requirements for constructing buildings. The standard may differ between the states. ...

Invests in rental property but does not manage that property. ...

People often bump into the question: "What is the statute of limitations?" So, let's shed light on the statute of limitation definition in simple words! A statute of limitations is like a ...

Giving one's approval to another, e.g., a fiduciary, to manage his or her finances. ...

Representation on a flat surface of any region that depicts the elevation of that region. ...

Financial statement with amounts or other information that are completely or partially assumed. The assumptions supporting the amounts are usually provided. The statement may be prepared in ...

People can use the term disclosure in ordinary day to day activities. The definition of disclosure is to expose yourself, to show the truth without omitting any important information. ...

Mortgage for an extended time period (e.g., 25 years) Type of real estate investment trust (REIT) that gives long-term mortgages to real estate developers and contractors on new or ...

An insect, such as a termite, that "eats into" the wood and destroys it. This can cause significant damage to the home. Most states have laws that require termite inspection and ...

Popular Real Estate Questions