Tender

Definition of "Tender"

To present something of value for another's acceptance. An example is making a bid at a public auction for real property.

Search Real Estate Glossary

Related Real Estate Glossary terms

Realtor

A real estate broker or agent who, as an active member of a local real estate board of Realtors and ...

Producers Cooperative

Health plans established by associations of hospitals and physicians to provide hospital service and ...

Bullet Loan

Intermediate debt (5 to 10 years) without periodic payments but the entire amount (balloon payment) ...

Loss Of Income Insurance

Coverage in property insurance for an employee's lost income if a peril such as fire damages or dest ...

Landowner's Royalty

In the mining and petroleum industries, it is a portion of the profit secured from the extracted min ...

Yearly Probability Of Living

Figure in a mortality table derived by dividing the number of people alive at the end of a given yea ...

Related Real Estate FAQ

What Is A Proprietary Lease?

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a partic ...

What Is A Multiple Listing Service (MLS)?

A multiple listing service is a computerized listing of the homes for sale in an area listed with a ...

What Is A Conventional Mortgage?

A conventional mortgage is a mortgage made by banks and other lending institutions that is not insur ...

What Is A CD?

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

Do I Need Flood Insurance?

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

3 tips to ensure your sale goes through What is Escrow and how does it Work? Build or Buy? That’s the Big Question How Does The Home Loan Underwriting Process Work? 5 U.S. Cities with the Best Public Transportation

FAQ

What is a closing? What is Freddie Mac? What is a sales contract? What is a maintenance fee? What is a counteroffer?