Dec 28 , 2015

Tampa School of Real Estate

Absentee Owner

Definition: An owner of real property that does not live on the premises.

Additional Information: An absentee owner usually requires a property manager to maintain the premises.

Pronunciation: absənˈtē ˈōnər

Used in a Sentence: Due to an increase in demand for rental property, there has also been an increase in absentee owners.

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