What does the French word Vendee mean?

(Entry 1 of 2) : one to whom a thing is sold : buyer. Vendée.

What is the difference Vendee and vendor?

The meaning of vendee is a buyer of goods and services. While a vendor is a seller, the vendee is a term associated with the person that buys or the person at whom the vendor sells his products or services.

What does Vendee mean in real estate?

purchaser of real property
Definition: the buyer or purchaser of real property in an agreement of sale. Pronunciation: \ven-ˈdē\ Used in a Sentence: The vendee put 20% down towards the purchase of the house.

Is Vendee a word?

noun Chiefly Law. the person to whom a thing is sold.

What does emptor mean in English?

; buyer
noun. (especially in legal usage) a person who purchases or contracts to purchase; buyer.

Who is vendee in law?

Buyer or purchaser; an individual to whom anything is transferred by a sale. The term vendee is ordinarily used in reference to a buyer of real property.

What does contract vendee mean?

A contract vendee sale is a transaction in which a seller transfers beneficial rights, including the right of possession and obligations of ownership, to the purchaser and agrees to close at a future date under definite terms. Ownership can be transferred for tax purposes prior to the transfer of title.

What does Vendee Financing mean?

The VA Vendee Loan Program offers qualified borrowers the option of purchasing VA Real Estate Owned (REO) properties with little to no money down. The program is available to Veterans, non-Veterans, owner-occupants, and investors.

Who is the Vendee in law?

What Grantee means?

A grantee is the recipient of a grant, scholarship, or some other asset such as real estate property. In contrast, a grantor is a person or entity that conveys ownership of an asset to another person or entity: the grantee.

How do you pronounce Vendee?

Break ‘vendee’ down into sounds: [VEN] + [DEE] – say it out loud and exaggerate the sounds until you can consistently produce them.