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DESCRIPTION

Credit gives the word to pay either by repaying it or returning those resources later. In other words, this credit is the method of making the reciprocity formal, legally enforceable, and of course, extensible to a vast group of people who are not related.

However, the resources provided may be financial or have goods or services, like consumer credit. The credit covers any form of deferred payment. Credit generally gets extended by the creditor, the debtor or lender, and sometimes the borrower.



Definition

This means a written or spoken explanation or narrative about something. This means any discourse as well, for offering a mental picture or image about something. It also means an account or statement which offers the attributes of anything or anyone.

Use of Description in Real Estate

A description of a property is the account or narrative that talks about any real estate listing, mentioning its details for lease or sale purposes. Descriptions comprise of a major part of any listing. They come with property-based details and photographs of the real estate project as well. This description is a vital aspect of the real estate property in question.

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