Terms with Tag Realty
- Reserve Fund — Definition,
- Money that a homeowners or condominium association sets aside for major repairs and capital improvements.
- Residential (resi) — Abbreviation, ➥ As in residential land, property, or zoning.
- Residential Real Estate (RRE) — Acronym,
- Right of First Refusal — Definition,
- An agreement by an owner to give another party an opportunity to buy the property before it is offered to anyone else.
- Roll In — Definition,
- To include certain closing costs, such as origination and settlement fees, in the mortgage.
- Rough Graded Lot (RGRA) — Acronym,
- Sale Agreement (SA) — Acronym,
- (Agreement of Sale}
➥ More commonly known as Agreement of Sale (AOS). - Sale Price — Definition,
- The price that is paid for an asset.
- Sale-leaseback — Definition,
- A transaction in which the seller transfers the title to the buyer, then rents the property from the new owner. Generally not done in Canada, more an American practice.
- Sales and Purchase Agreement (SPA) — Acronym,
- A formal legal document or contract between the buyer and seller stating the terms and conditions upon which a real property will be sold.
- Sales Associate (SA) — Acronym,
- Sales Contract — Definition,
- A legal written document that details the agreed upon conditions between a seller and a buyer regarding the sale of a specific property. Also called an "Agreement of Sale."
- Sales Tax — Definition,
- Federal and / or provincial taxes that are applied to purchases.
- Saskatchewan Personal Property Registry (SPPR) — Acronym, Saskatchewan, Canada,
- Saskatchewan Real Estate Association (SREA) — Company, ➥ See Association of Saskatchewan Realtors (ASR).
- Saskatchewan Real Estate Commission (SREC) — Company, Saskatoon, Saskatchewan, Canada, ➥ Real estate regulatory group.
- Saskatoon Real Estate Board (SREB) — Company, Saskatoon, Saskatchewan, Canada, ➥ See Saskatoon Region Association of Realtors (SRAR).
- Schematic Designs — Definition,
- Structural plans for a building's mechanical systems, such as its plumbing and electrical functions.
- Second Home — Definition,
- An additionally purchased property, often a vacation or a rental property.
- Second Home Mortgage — Definition, Important,
- A mortgage used purchase property, often a vacation or a rental property.
- Security — Definition,
- Property designated as collateral.
- A document stating ownership of a stock or bond.
- A tradable financial implement that represents ownership, the rights to ownership or debt.
- Self-Build Insurance — Definition,
- Insurance that covers a homeowner for problems involved in a construction project.
- Seller Broker — Definition,
- One who earns a commission from the seller of a property in exchange for finding a buyer and assisting in negotiation.
- Seller Finance Option (SFIN) — Acronym,
- Seller Property Information Statement (SPIS) — Acronym, Canada,
- Seller's Market — Definition,
- Due to either low supply or high demand, the seller can expect to sell quickly with a high sale price.
- Semi-custom Home — Definition,
- A house in which the buyer cannot alter the layout, but can specify amenities such as type of cabinets and floor coverings.
- Senior Real Estate Specialist (SRES) — Acronym,
- Senior Right of Way Agent (SRWA) — Acronym,
- Signature Service Real Estate (SSRE) — Company, Canada,
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Reserve Fund -
Seller's Market
Seller's Market
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