Adjustments

In real estate sales, the changes made to the selling price to account for the advantages and disadvantages of the subject property, market conditions etc. When closing a real estate transaction, the changes to the purchase price made as a result of realty taxes over- or under-paid by the Vendor, fuel oil provided, tenant’s rental payments etc. (Contained on the Statement of Adjustments).

Related Terms:

  1. Able
  2. Accrued Interest
  3. Adjustment Period
  4. After-Tax Proceeds From Resale
  5. Agreement Of Sale

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