Outrageously Funny Word Dictionary :: Reoffer

👉 In real estate, a "reoffer" is a process by which an existing property or asset is sold to another party in order to reduce its value or sell it for a lower price. This can be done through several methods such as: 1.

Property Sale

: In this method, the seller sells their property directly to a buyer who agrees to buy at a later date. 2.

Short Sale

: In this situation, the seller sells the property to a third party (often a lender

reoffers

👉 In the context of criminal law, "reoffering" typically refers to a situation in which an individual is charged with a crime and subsequently commits another offense or a new crime. This can happen for various reasons such as changing circumstances that led to the original charge, a change in legal status, or a new piece of evidence or information presented during the prosecution process. Reoffering is often seen as a serious issue because it can have severe consequences, including loss of freedom and criminal record. It

reoffering

👉 Re-offered refers to a situation where an offer has been made, but it is subsequently withdrawn or returned due to some reason other than the original intention. This could include something as simple as a misunderstanding with the previous seller, an unexpected change in circumstances, or even a misunderstanding with the new buyer. The term can also be used in the context of legal proceedings where a party has previously made an offer but later decides not to fulfill it due to a dispute or other reason.

reoffered

👉 Reoffer, in the context of real estate or finance, refers to a situation where an offer is made by one party (the "offeree") who wishes to exchange their offer for another offer that has been received by the other party (the "offeror"). This can occur through various means, such as negotiation, change of circumstances, or even in situations where both parties are unaware of each other's offers. In a reoffer, one party may make an additional offer with the same terms

reoffer