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
(1) Revising the selling price of real property to reflect what it would be worth if typical financing was available. (2) How much real property would be sold for if all cash was involved. ...
Divider made of plasterboard or plaster used to partition rooms. A room is created by the walls surrounding it. ...
Width of a stair. ...
Personal property or real property that are passed on to heirs upon one's death. ...
Person's sole ownership of real property. ...
Upper layer of ground. ...
Principle stating that the joint tenants must have equal rights to possession of the whole property. ...
The ratio between a structure's total floor area and the total land area of the land upon which it is constructed. The floor area ratio definition is the ratio of the total amount of usable ...
Decision rendered by a court of law. ...
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