Dictionary

Property Manager

Definition:   a person who manages properties for various owners Pronunciation:   \ˈprä-pər-tē\ \ˈma-ni-jər\ Used in a Sentence:   A property manager is responsible for maintaining the property and managing the expenses.

Property Managment

Definition:   the area of the real estate profession that pertains to the leasing, managing, marketing and overall maintenance of the property of others Pronunciation:  \ˈprä-pər-tē\ \ˈma-nij-mənt\ Used in a Sentence:   ...

Property

Definition:   the rights or interests a person has in the thing owned but not, technically, the thing itself: bundle of rights including the right to possess, to use, to encumber,...

Promulgate

Definition:  the formal act of announcing a statute or an administrative rule Pronunciation:   \ˈprä-məl-ˌgāt\ Used in a Sentence:   The FREC may promulgate rules and regulations.

Promissory Note

Definition:   a written promise to pay a certain sum of money to another at a future specified time Pronunciation:   \ˈprä-mə-ˌsȯr-ē\\ˈnōt\ Used in a Sentence:   A broker must disclose to the...

Progression

Definition:   a principal of appraisal that states that the value of an inferior property is enhanced by its association with superior properties of the same type Pronunciation:    \prə-ˈgre-shən\ Used in...