Today's Real Estate Dictionary

A service of Fort-Worth-Appraiser.us   Enjoy!

OPTION - A right, which acts as a continuing offer, given for consideration, to purchase or lease property at an agreed upon price and terms, within a specified time.


WALK-THROUGH INSPECTION - An inspection of property by a buyer very close to the time for closing to determine that the condition of the property has not changed since the purchase contract was executed or that promised changes have been made.

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