Speculator
Individual who attempts to maximize his or her profitability by investing which the anticipation that a particular investment will go up in value. A speculator will generally be willing to incur a significant degree of risk in the hope that a significant profit can be made in a short time. For example, a real estate speculator may purchase large amounts of land based on the assumption that high demand for the land in the near future will substantially boost its price.
Popular Real Estate Terms
Formal statement by an auditor, after through examination and consideration, as to whether a real estate company's financial statements fairly present financial position and operating ...
Vendee refers to a person to whom something is sold. The meaning of vendee is a buyer of goods and services. A more common term for vendee is a purchaser. While a vendor is a seller, the ...
A public officer given the right to authenticate a document, accept a person's oath, administer depositions, and to conduct other activities in commercial business. An official seal is used ...
Roof having less than a 10 degree slant. ...
Provision in a mortgage that requires the final payment to be substantially more than all other payments. ...
Also called earnest money. Money deposited with an individual for security for the performance of some contract. This is intended to show his/her willingness to follow through with the ...
Enumeration of the consideration given by each party to a contract which in some cases must be in written form to be enforceable. For example, the statute of frauds requires that all ...
(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property. ...
Professional certification granted by the Institute of Real Estate Management, an affiliate of the National Association of Realtors. ...
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