Glossary (click letters)
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Qualify
First stage of four-stage transaction management process pertaining to the process of
gathering and evaluating information to measure a client’s readiness, willingness, and ability
to consummate a transaction. The acronym QUALIFY represents the considerations of
quantify, usage, authority, latitude, intention, financial, and yield involved in the qualify
stage.
Quality of life
The psychological and individual aspects of social well-being as perceived and experienced
by people in reference to a given geographic area, which reflect a state of mind or position
on the prevailing quality of existence in relation to various socio-economic and
environmental conditions and/or amenities known to be associated or found within that
area.