noun howÂ·itÂ·zer \ËhauÌ-Ét-sÉr\. : a large gun that is used to fire shells high into the air for a short distance.
As with residential transactions, commercial real estate transactions will. include a typical quitclaim deed, non-foreign affidavit and title affidavit. However, there will be several other documents included in the transfer package. Unless the commercial property consists of raw land, there will be an.
A commercial real estate closing will generally involve a more formal. escrow process than in a residential transaction. Typically, the title agent will. agree to hold the money, collect and record all documents, and wire out the.