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Relocation

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

Contributors in Relocation

Relocation

home management

Business services; Relocation

Managing a property for a client and employee while they are living elsewhere. Can include renting and maintaining the client's home while the client is overseas or on an extended temporary ...

driving instruction

Business services; Relocation

Classes taught in the classroom and/or on the road in the host country.

due on sale

Business services; Relocation

A clause in a mortgage providing that if the mortgagor sells, transfers, or in any way encumbers the property, the mortgagee has the right to implement the acceleration clause making the balance of ...

dual housing assistance

Business services; Relocation

Financial assistance that may be provided by a corporation in the event the employee purchases a new residence before selling the prior residence.

documentary (TAX) stamps

Business services; Relocation

A state tax, in the form of stamps, required on pays in cash and does not finance with a mortgage.

documentation preparation fee

Business services; Relocation

Charges by attorneys, title companies, escrow companies, and trust companies, to prepare legal and other papers necessary to acquire property.

discount point

Business services; Relocation

Discount points are the sum of money charged by a lender to reduce the interest rate of any particular loan. One point is equal to 1% of the loan amount.

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