What Does Tender Mean?

By
Commercial Real Estate Agent with RE/MAX West Realty Inc., Brokerage (Toronto)

What Does Tender Mean?

 

Tender is the process of demonstrating that as either a vendor or purchaser you are ready, willing and able to complete the proposed transaction in accordance with its terms

 

Brian Madigan LL.B., Broker is an author and commentator on real estate matters, if you are interested in residential or commercial properties in Mississauga, Toronto or the GTA, you may contact him through Royal LePage Innovators Realty, Brokerage 905-796-8888
www.OntarioRealEstateSource.com

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Rainmaker
564,024
Chris Smith
Re/Max Chay Realty Inc., Brokerage - New Tecumseth, ON
South Simcoe, Caledon, King, Orangeville Real Esta

Brian, intuitively, I know what these terms mean, but I have to admit that I was at a loss to describe tender, before reading the rest of the post...

September 11, 2011 11:46 PM #1
Rainmaker
895,352
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Chris,

These short and to the point questions are posed by current students.

Brian

September 12, 2011 08:24 PM #2
Rainmaker
137,388
Aida Pinto
United Associated Brokers - Downey, CA
Real Estate Broker (562) 916-3237

Hi Brian....I thought you were talking about "steaks"....the kind you eat!  lol!

September 13, 2011 08:55 PM #3
Rainmaker
895,352
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Aida,

Good for you! I'd rather be talking about steaks. But, some people this this for their real estate exams!

Brian

September 13, 2011 09:05 PM #4
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Rainmaker
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Brian Madigan

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