Dual agent

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Dual agent

Dual agent

An agent representing both parties in a transaction.

RELATED TERMS
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Agent
Person authorized to act on behalf of another in dealings with third parties.

SIMILAR TERMS
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Dual agency
An agency relationship in which the agent acts concurrently for both principals in a real estate transaction.

Dual representation
A broker or salesperson representing both buyer and seller in the same transaction.

PREVIOUS AND NEXT TERMS
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Draws
1) An advancement of money against future earnings. 2) Periodic advances of funds under a construction loan agreement.

Dropped ceiling
A flat ceiling built lower than the original ceiling.

Dry rot
A fungal decay that causes lumber to crumble.

Drywall
A construction material used as a basis for interior walls in a home.

Dual agency
An agency relationship in which the agent acts concurrently for both principals in a real estate transaction.

Dual agent

Dual representation
A broker or salesperson representing both buyer and seller in the same transaction.

Duct
Any kind of pipe or channel that carries water, wiring or conditioned air through a house.

Due diligence
Activities carried out by a prospective purchaser or mortgager of real property to confirm that the property is as represented by the seller and is not subject to environmental or other problems.

Due on sale
A covenant that makes a mortgage due if the property is sold before the maturity date

Due-on-sale provision
This is a clause that insists the mortgage must be repaid in the event that the property is sold.

This dictionary contains 6433 terms.

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