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Meaning / Definition of
Offer To Lease
Categories: Credit and Debt, Real Estate,
A document used to create an agreement for the lessor to lease commercial space to a lessee on specified terms and conditions. At closing the parties sign a formal lease agreement.
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Definition / Meaning of
Home Equity
Categories: Credit and Debt, Real Estate, Legal, ,
The current market value of a house minus how much is owed on it. A home equity loan borrows against this amount.
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