What does leasing mean in a real estate?

Answer Leasing means to grant the temporary possession or use of lands, tenements, buildings, etc., to another, usually for compensation (monthly rent) at a fixed rate.

Top Q&A For: What does leasing mean in a real estate

Tax Advantages to Leasing Real Estate?

Investing in rental real estate can be a boon -- both because it can provide a boost to your income and net worth and also because of the tax advantages. Since 1921, the U.S. tax code has distingui... Read More »

What Does Contract Pending Mean in Real Estate?

In real estate, the term "contract pending" means that the seller has accepted an offer from a buyer but the deal between the seller and buyer hasn't yet closed. Typically a contract would be "pend... Read More »

What does agent owner mean in real estate listings?

When you see a description that says "agent owner" on a real estate listing, it means that the available property is owned by the real estate agent representing the property.Source:Bureau of Labor ... Read More »

What does the term short sale mean in real estate?

A short sale in real estate is when the seller sells the home for less than the balance owed on the mortgage debt. The lender must agree to the short sale in order for the deal to close.Source:Home... Read More »