Definition of "Remodel"
The process of changing, updating, and altering the appearance and structural characteristics of a building. For example, John remodels the kitchen in his home by replacing the cabinets, floorings, and appliances, He use a new cabinet design as well as completely redesigning its appearance.
Popular Real Estate Terms
In our world, you can request anyone to perform virtually any task for a little (or bigger) incentive. So, what is the definition of incentive precisely? An incentive can be a service or ...
Statue designed to protect lenders if a seller secretly sells substantially all of the business property. The objective of the law is to safeguard against defrauding creditors. ...
The definition of the term right of way is an easement or the right of another person to pass over land owned by someone else to reach a particular destination. An individual is typically ...
Enclosed building that stores agricultural products (hay, livestock or farm equipment). ...
Transfer of personal property via a will as a gift to the recipient. ...
A person has the option of canceling a contract previously agreed to. ...
Trading of two or more properties containing separate descriptions and separate financial statements. ...
Lease that incorporates increases in agreed-on payments over the term of the lease contract. For example, a particular step-up lease may require that the lessee pay a 10% increase each year ...
Sponsor of a syndicate involving people or companies buying an interest in a real estate investment or unit. The group of investors are in effect engaged in a joint venture for profit." ...
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