Relocation

Relocation

Referring to any service that assists a family to move house or a business to move from one establishment to another.

Industry: Business services

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Relocation

assessment

Business services; Relocation

The amount of taxes or special improvement charges created to improve property or surrounding area. Special assessment charges are usually for the costs of streets, sidewalks, sewers, etc.

Offering in which a seller will make no repairs to housing before settlement and makes no representations as to it’s condition. Term also means the appraisal method of examining the physical aspects ...

arm’s length transaction

Business services; Relocation

A home sale transaction where both buyer and seller act willingly, with full knowledge of all details of the transaction.

appraised value

Business services; Relocation

The most probable sales price of real estate established by the relocation appraisal process.

appraisal variance

Business services; Relocation

The difference between two or more appraised values of a property. The variance is generally expressed as percentages of the values provided in each appraisal.

application fee

Business services; Relocation

A fee charged by a lender for accepting a loan application and initiating the loan review process. It typically covers the nonrefundable costs (such as appraisal, credit reports, etc. ) a lender ...