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It is common practice for an intermediary to provide real estate owners with dedicated sales and marketing support in exchange for commission.In North America, this intermediary is referred to as a real estate agent, real estate broker or realtor; whilst in the United Kingdom, the intermediary would be referred to as an estate agent.
to rent out (as real property, and denoting the transaction from the owner's perspective); Tenants "take" or "rent" the property being let. *("rooms to let") (n.) the act of renting; rented premises (let out) to reveal allow, give permission. leave (as in let him be or let it be) ease (as in let up on the accelerator) indicate (as in don't let on)
In general usage, rent refers to a payment made in exchange for temporary use of property, for example paying rent to stay in an apartment. In economics, rent is any payment to an owner or factor of production in excess of the costs needed to bring that factor into production. Effectively, it is payment made to a producer above and beyond what ...
Deciding whether to sell your house or rent it out depends as much on your location as it does on personal circumstances, such as immediate cash needs and future housing plans. Selling might be ...
With mortgage rates rising and inventory opening up, many experts believe that the red-hot pandemic housing market has peaked. That has homeowners considering selling while prices are still sky ...
However, “selling during a recession might be beneficial if you’re looking to downsize or rent. This could cut your overall costs, and you could put the proceeds into a retirement account, go ...
72-hour kick out contingency - Seller contingency, in which the seller accepts a contract from a buyer with a contingency (typically a home sale or rent contingency where the buyer conditions the sale on their ability to find a buyer or renter for their current property prior to settlement). The seller retains the right to sell the property to ...
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.