Property Hunter Magazine Issue 91 - August 2017 | Page 42

hot topic R S Real Estate Investment Trust (REIT) Sales and Purchase Agreement (SPA) Investment mechanism allowing individual investors buy shares A written contract between buyer and seller that obligates seller of income-producing real estate assets owned and operated by an to sell and buyer to buy a product or service. organization or company. Strata Title Refinancing The length of notice required to be given by landlords or tenants Taking another loan at a lower rate to finance something again. to end tenancy. Suburban Areas on the edge of a large town or city which are predominantly residential. 42 www.PropertyHunter.com.my