Definition of "Merger"
Combination of two or more real estate brokerages into one, with only one company retaining its identity. Typically, the larger of the two companies is the company whose identity is maintained. It often involves an exchange of stock.
Popular Real Estate Terms
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The United States has a law named “eminent domain” that grants local, state, or federal government the right to take ownership of a private property with or without the consent ...
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 ...
Governmentally held records of public transactions giving constructive notice that documentation exists confirming the transaction. ...
The consolidation of items that have been considered a part of property but are not actually annexed, secured, or joined to it. ...
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Incontrovertible reality forcing a judge in a trial to find evidence to the contrary unsupportable. ...
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