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South African Real Estate

o

There are definitions relating to "o" awaiting approval...

occupation - The right to physically occupy the property is called occupation. This us...

occupational interest - Often referred to as 'occupational rental', occupational interest is a mo...

offer to purchase - The document in which buyers offer to purchase a property, contains the t...

offeree - The person to whom an offer is made. ...

offeror - The person who makes an offer. ...

on-site auction - An auction conducted on the premises of the property or items being sold....

opening bid - The first bid offered by a bidder at an auction. ...

option - An offer to buy/sell/let/rent property that goes with an undertaking by t...

origination fee - A commission charged for the work involved in the evaluation, preparation...

owner - An owner is someone in whom ownership of something vests. In South Afric...


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