Abatement is a reduction or decrease in the amount (either purchase or rent) due to the discovery of a flaw or negative impact which will effect the value or price. …
Accredited Residential Manager (ARM)
designation for a person trained to manage residential properties. A person who has earned the designation by fulfilling the requirements of the Institute of Real Estate Management (IREM), which is an …
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Able
A Purchaser is ready, willing and able to complete a transaction when she has funds and has signed the documents required to transfer title to a property. If the Vendor is not ready, willing and able …
Accretion
Accretion, in real estate, refers to the gradual and natural increase in land resulting from the deposition of waterborne sediment along a riverbank, lake, or other water bodies. This process can lead …
Absentee Owner
When a property was is occupied by tenants and the owner of the property does not live on the property. …
Accrued
An adjective describing something that has come into existence but has not yet been claimed by or distributed to its rightful owner. …