New York City Real Estate

new york real estate ny real estate new york city real estate

New York Real Estate

ny city real estate agents buying homes in new york selling new york real estate
new york real estate services our new york real estate newsletter contact us at New York City Real Estate, New York Real Estat

New York Real Estate Glossary O
(Obligatory - On-Site Improvements)

A1 | A2 | A3 | A4 | B1 | B2 | B3 | C1 | C2 | C3 | D1 | D2 | E1 | E2 | F1 | F2 | F3 |
G1 | G2 | H1 | H2 | I1 | I2 | J | K | L1 | L2 | L3 | M1 | M2 | M3 | N | O1 | O2
| P1 | P2 | Q | R1 | R2 | S1 | S2 | T1 | T2 | U | V1 | V2 | W1 | W2 | X | Y | Z

The legal requirement of a debtor, obligor, to pay a debt and the legal right of a creditor, obligee, to demand satisfaction of a debt or enforce payment in the event of default.

The person to whom a debt or obligation is owed.

Blockage. A clog. Something that prevents passage or operation.

Residing in or using real estate.

An expression of willingness to purchase a property at a specified price; presenting for acceptance a price for a property parcel; the bid price in a real estate or security transaction.

Offer and Acceptance
These two requirements of a contract forming mutual consent combined with valuable consideration are the major elements of a contract.

Offer To Purchase
A proposal to buy property at a specified price whereupon the seller has the options of accepting or rejecting the offer or making a counteroffer.

One who receives an offer.

One who extends an offer to another.

Office Condominium
The units are used as commercial offices.

On-Site Improvements
Directly enhancing the physical nature of the property such as renovating a building, installing a new driveway and parking lot and gardening.