Search results
Results from the WOW.Com Content Network
2-step garage, or simply 2-step, is a genre of electronic music and a subgenre of UK garage. [1] One of the primary characteristics of the 2-step sound – the term being coined to describe "a general rubric for all kinds of jittery, irregular rhythms that don't conform to garage's traditional four-on-the-floor pulse" [1] – is that the rhythm lacks the kick drum pattern found in many other ...
The closing (also called the completion or settlement) is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. [1] On the closing day, ownership of the property is transferred from the seller to the buyer. In most jurisdictions, ownership is officially transferred when a deed from ...
A move-up home is a real estate term used to describe a larger and/or more expensive home that a person moves into from a smaller home. [1]It is implied that as repeat buyers, the customer is more familiar with the real estate process than a first time buyer.
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Closing is a sales term which refers to the process of making a sale. The sales sense springs from real estate, where closing is the final step of a transaction. In sales, it is used more generally to mean achievement of the desired outcome, which may be an exchange of money or acquiring a signature. Salespeople are often taught to think of ...
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
A garage apartment [1] (also called a coach house, garage suite or in Australia, Fonzie flat [2]) is an apartment built within the walls of, or on top of, the garage of a house. The garage may be attached or a separate building from the main house, but will have a separate entrance and may or may not have a communicating door to the main house.
Typically, a real estate investor first enters into a contract to purchase a property and then subsequently (before closing the purchase) enters into a contract to sell the property (hopefully for a higher price). The investor then utilizes a double closing to close both transactions at approximately the same time.