Real Estate / Business Glossary
"B" Dictionary Definition - What is a :
BEO
Buyers Enquiry Over Body Corporate A legal entity consisting of all the unit owners within a unit-titled property and controlled, where there are more than three, by an elected committee. It deals with the running of the building, insurance and shared areas like stairways, garages and access ways. Bridging Finance A short-term loan to buy a property while waiting for other money to become available (such as money from selling another home). Business Plan A document that summarises the operational and financial objectives of a business and contains the detailed plans and budgets showing how the objectives are to be realised.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
