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Real Estate Glossary

What is Collection?

This refers to the process of seeking payment of a debt or obligation. In the context of real estate, collection might refer to the process of collecting rent from a tenant or seeking payment from a borrower who is in default on a mortgage.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
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