Remove Brokerage Remove Proof of funds Remove Residential Remove Short sale
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. A PUD is a grouping of residential buildings. It could also refer to the managing broker in a brokerage, or the individual who’s ultimately legally responsible for overseeing transactions. Proof of funds.