Definition: Money or other property that is not like-kind, which is given to make up any difference in value or equity between exchanged properties.
Pronunciation: \ˈbüt\
Used in a Sentence: Because the value of the two properties was not equal, they used a boot to make up the difference.
Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
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