You asked: What does PR mean in real estate?

When you buy a home, there is a lot of paperwork to review before all is said and done. One of those documents is called the title commitment, also known as the preliminary title report (PR for short), title work, or title binder.

What does PR mean in title?

A Public Relations Officer, or the Head of PR, is a senior management position that leads a public relations team. A Public Relations Officer is responsible for: Developing public relations strategies.

What does PT mean in real estate?

“Part-time and full-time agents differ in many ways.

What does HH mean in real estate?

Owned Properties has the meaning set forth in Section 3.16.

What does LM mean in real estate?

The listing is on market. … The listing is still on market. This status is generally used to indicate that the seller is looking for additional back-up offers, or that the property is subject to financing, court or other third party approval.

What does PR mean in front of a name?

We understand what it takes to relate to the public and we know how to create and maintain a favourable public image (as it happens, the original dictionary definition of what ‘public relations’ stands for).

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What is PR before a name?

Pr: (Pastor) used generally for members of the Christian clergy regardless of affiliation, but especially in Protestant denominations. Equivalent to ‘Reverend’ (see above).

What does Y mean in real estate?

Climate Control Y/N. Closing – The transaction where title passes from seller to buyer and the seller is paid. A settlement statement shows all costs incurred and gained by both parties. Closing Costs – The expenses incurred in obtaining the property and transferring title to the new owner.

What does BR and BA mean in real estate?

Ba – bathroom. Br – bedroom. CAC – central air conditioning. Ch – central heat.

What does SIP mean in real estate?

State Implementation Plan (SIP) – Real Estate Prep Guide.

What does COD mean in real estate?

Collection of Debt (COD) Income Planning.

What does SFH mean in real estate?

Learn about lease-purchase agreements. SFH: SFH, or single-family home, refers to a free-standing property that houses one family rather than a multi-family structure like an apartment complex, condo building, or duplex.

What does TCP mean in real estate?

Developers usually start with the construction or the ground-work on your house when you have paid at least 10 percent of the total contract price (TCP). This usually coincides with bank or Pag-IBIG housing loan approval.

What does ROC mean in real estate?

Return of capital (ROC) refers to principal payments back to “capital owners” (shareholders, partners, unitholders) that exceed the growth (net income/taxable income) of a business or investment. It should not be confused with Rate of Return (ROR), which measures a gain or loss on an investment.

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