Absorption
Concept of Absorption in the context of Real Property
A short definition of Absorption: The filling of space, such as the rental of units or sale of a tract. The time or rate must be estimated and considered as part of the owner’s (usually the builder) costs.
Concept of Absorption in the context of Real Property
A short definition of Absorption: The filling of space, such as the rental of units or sale of a tract. The time or rate must be estimated and considered as part of the owner’s (usually the builder) costs.
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