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EXECUTOR A person appointed by a testator to carry out the directions and requests in the last will and testament, and to dispose of property according to the provisions of the will. GROSS AREA The total floor area of a building measured from the exterior of the walls (excluding those unenclosed). BUFFER ZONE A strip of land separating one parcel from another. BUY-DOWN MORTGAGE A mortgage loan with a below-market rate for a period of time. BEQUEST A gift of personal property by will. |
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