Definition of "Optionor"
Person or business that provides an option to someone else.
Popular Real Estate Terms
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Borrower's right to redeem his property by immediately paying off the loan balance and any related costs. ...
Defendants legal objection to the prima facie sufficiency of a judicial pleading. It is a motion to dismiss an action on the ground there is no apparent equity violation, the court has no ...
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Geographic area that is attractive to prospective tenants. Square footage in an office building or apartment house that may be rented by a tenant. ...
Value of agricultural land as determined by its ability to produce crops and livestock. ...
Property of a defaulted borrower is sold under court order, and the judge must approve the amount received. For example, Fidelity Bank has a first mortgage balance of $100,000 on Mr. X's ...
Real estate not subject to property tax such as that owned by nonprofit entities including charitable, governmental, religious institutions. ...
The person named in a deed who acquires ownership. ...
Comments for Optionor
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