Dec 31 , 2015

Tampa School of Real Estate

Business Trust (syndicate)

Definition: A business entity formed by any number of persons who make an investment at a stipulated amount per unit.  The monies collected in this manner are then used to buy, develop and/or sell real estate.

Pronunciation: \ˈbiz-nəs, -nəz,\

Used in a Sentence:   The large apartment complex was bought by a business trust.

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