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Absentee owner

Absentee Ownership
Related Category: Economics: Terms and Concepts
system under which a person (or a corporation) controls and derives income from land in a region where he does not reside.

Absentee Owner
Business Dictionary:
Absentee Owner
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absentee owner
an owner who does not personally manage or reside at property owned.
Example: Abel, living in New York, purchases an apartment building in Houston. Abel is an absentee owner.

ABSENTEE OWNER - An owner of a property who lives elsewhere, leaving tenants in control and occupation ...
ABSOLUTE - Complete and without conditions. For example, a bankrupt, usually after nine months receive...

Absentee Owner
Landlord who lives elsewhere
Abutment
Supporting structure (column) at the end of a bridge or arch.