Vendor

Definition

• In real estate transactions it is the person selling the property.
• A company or person offering something for sale.

Synonyms
proprietor, dealer, seller, owner

Related Terms and Acronyms

• Captive Finance Company — Definition,
  • A finance company related to a specific dealer or manufacturer.
• Motivated Seller — Definition,
  • A home seller who has a strong reason to sell quickly, possibly because of an upcoming relocation or an impending default on a loan.
• Vendor Take Back — Definition,
  • Where the seller of the property provides all or some of the financing in order to sell the property.