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Main Real Estate Terms absentee owner

absentee owner



owner who does not personally manage or reside at the property owned.

Dictionary of Real Estate Terms absentee owner

an owner who does not personally manage or reside at property owned.

Example: Abel, living in New York, purchases an apartment building in Houston. Abel is an absentee owner.



Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

absentee owner