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Last updated 2026-08-01

California Department of Real Estate

Updated 2026-08-01

BUYDOWN — See SUBSlDY BUYDOWN. BUYER’S MARKET — The condition which exists when a buyer is in a more commanding position as to price and terms because real property offered for sale is in plentiful supply in relation to demand. BYLAWS — Rules for the conduct of the internal affairs of corporations and other organizations.

California Department of Real Estate Glossary

California Department of Real Estate · p. 5

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