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Business Glossary

Business Definition for: absentee owner

Dictionary of Business Terms

absentee owner

owner who does not personally manage or reside at the property owned.

Dictionary of Real Estate Terms

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.

Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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