Outrageously Funny Word Dictionary :: Prerental

👉 "Prerental" is a term in the context of property transactions, particularly in the realm of real estate. It refers to the period during which an individual or entity holds title to a piece of land but does not yet own it outright. During this time, they may be involved in negotiations and discussions with potential buyers or sellers for the purchase of the property. The term "prerental" is often used by real estate professionals to refer to a situation where the transaction has not been finalized

prerental