Blind Pool Syndicate
Definition of "Blind pool syndicate"
Money raised by a syndicate promoter and placed into a fund prior to selecting the specific property in which funds will be invested.
Popular Real Estate Terms
A mortgage provides the right to the bank to have a lien on the financed property with the borrower having title to the property. ...
tenancy having no written lease or contract. A periodic tenancy can be on a month-to-month or week-t-week basis. ...
Physical decline in a property's value caused from use, old age, and environmental factors. ...
The person giving property or establishing a trust. ...
Formal or legal description of property and its dimensions included in deeds, leases, listing agreements, rental agreements, and sales contracts. ...
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Real property usable in a trade or business. Such as, the property on a which retail store, hotel, or office building are located. ...
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