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    Rental Pool
     
    Definition of Rental Pool:

    A rental arrangement whereby participating owners of rental apartments agree to have their apartment units available for rental as determined by the rental agent, and then share in the profits and losses of all the rental apartments in the pool according to an agreed formula.
    See other term definitions:
  • Definition of Plat
  • Definition of Closing Costs
  • Definition of Risk Of Loss
  • Definition of Collateral
  • Definition of Deficiency Judgement

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