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Real Estate Definitions and Terminology - V
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V |
| valuation |
A written analysis required by the lender of the estimated value of a property prepared by a qualified valuer. |
| vendor |
The seller. |
| vendor statement |
A statement by the seller to the buyer detailing the particulars of the property offered for sale. |
| villa |
A style of housing, often a single storey attached dwelling. |
| void |
Having no legal force or effect and is unenforceable. |
Note: We assume no liability resulting from any errors or omissions. In providing the preceding we've done our best to bring you accurate information. However, you should seek your own independent advice as to the accuracy of the information supplied.
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