Definition of "Optionor"
Person or business that provides an option to someone else.
Popular Real Estate Terms
Requires collateral to secure the debt. An example of collateral might be one's home. ...
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The smallest lot area required for building under the municipal zoning code. For example, a municipal zoning code requires all building lots to have a minimum lot area of 1/4 of an acre in ...
House that can be bought at a low price because it is in poor condition. A buyer who is handy may find it attractive because he can personally make the needed repairs without hiring others. ...
See accommodation endorser, maker, or party. ...
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Surface level of water. ...
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Tax assessed on a transfer of property made without adequate legal consideration. This tax is based on the appraised value of the property at the time of transfer.Also, gifts of property ...
Comments for Optionor
Looking for a New Home to move in.
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Apr 13, 2020 10:32:39Have a question or comment?
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