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

indemnification

Business services; Relocation

A guarantee to protect another against specified future loss.

incentives

Business services; Relocation

Typically, any payment of monies and/or valuable consideration or services performed to encourage the sale of a specific property.

improvements

Business services; Relocation

Items completed to make the property more marketable such as painting, carpeting, and landscaping.

hud-1 statement

Business services; Relocation

A document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include real-estate commissions, loan fees, points, andinitial escrow ...

The differential paid partially or fully to compensate for the difference in housing costs between location, either domestic or international. Usually includes home value differences as well as such ...

homeowner warranty

Business services; Relocation

The private insurance that protects a buyer against defects such as plumbing, heating, and electrical systems in the property he/she is purchasing. The period and coverage of the insurance varies ...

home selling expenses

Business services; Relocation

The expenses arising out of the sale of real estate such as brokers commission, transfer taxes, attorney and inspection fees, deed and recording fees, mortgage prepayment penalties, and incentives ...