Owner who does not personally manage or reside at the property owned.
Absentee Owner
| Business Dictionary: Absentee Owner |
| 5min Related Video: Absentee Owner |
| Real Estate Dictionary: 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.
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Copyrights:
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 | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
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