Real Estate Definitions and Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

A

Abatement

A B C D Paper

Absorption Rate

Abstracter

Abstract of Judgement

Abstract of Title

Acceleration Clause

Accelerated Depreciation

Accession

Acceptance

Act of God

Accord and Satisfaction

Accounting

Accretion

Accrued Depreciation

Accrued Items

Accusation

Acknowledgment

Acquisition Cost

Acre

Actual Damages

Actual Eviction

Addendum

Additional Principal Payment

Add-on Rate

Adjoining Owners

Administrator

Administratrix

Advance Fee

Advance Fee Addendum

Ad Valorem

Ad Valorem Tax

Adverse Possession

Adverse Use

Aesthetic Zoning

Affidavit of Title

After-acquired Title

A-frame Design

Agency

Agency Coupled with an Interest

Agent

Agent Property Evaluation

Aggrieved Party

Agreement

Agreed Boundary

Agricultural Lease

AIDA

Air Lot

Allotment

Amenity

Amortise

Annuity

Appraisal

Appraiser

Appreciation

Arch

Architrave

Asking Price

Assessed Value

Assignment

Assignor

Auction

Average Price

Avigation Easement

B

Back-to-back Escrow

Backup Offer

Balloon-frame Construction

Balloon Payment

Bargain Sale

Basement

Bay Window

Bearing Wall

Betterment

Beneficiary

Bi-weekly Payment Mortgage

Board-and-batten Siding

Body Corporate

Bona Fide

Bond

Book Value

Boundary

Braced Framing

Brick Veneer

Bridging Loan

Building Code

Building Inspector

Building Paper

Building Permit

Building Line

Building Restrictions

Bungalow

Butterfly Roof

Buyers Market

C

Cantilever

Capital

Capital Expenditure

Capital Gains

Capital Improvement

Capitalization

Capitalization Rate

Carport

Casement Window

Cash Flow

Cash-out Refinance

Cathedral Ceiling

Caulk

Cavedium

Caveat

Caveat Emptor

Ceiling Height

Central Air Conditioning

Certificated Salesperson

Certificate of Occupancy

Certificate of Sale

Certificate of Title

Chain of Title

Chair Railing

Chattels

Chimney Back

Clear Title

Closing

Closing Costs

Closing Statement

Cloud on Title

Co-housing

Coign

Collar Beam

Collateral

Column Footing

Commission

Common Area

Common-area Assessments

Common-interest Development

Community Property

Comparables

Comparative Market Analysis

Competent

Concrete Tilt-up

Conditional Agreement

Construction Budget

Construction Documents

Contemporary Style

Contingency

Contract for Deed

Contract to Purchase

Contract Note

Contract of Sale

Controlled Growth

Conventional Loan

Covenant

Conveyance

Craftsman Style

Crawl Space

Creative Financing

Credit

Credit History

Credit Report

Cross-bridging

Cul de sac

Cross Lease

Cupola

Curable Defect

Curb Appeal

Curtain Wall

Custom Home

D

Damper

Days on the market

Deck

Deed

Deed of trust

Deep-seal floor drain

Default

Deferred Maintenance

Deposit

Dentils

Depreciation

Design

Dimension Plans

Disbursement

Disclosure

Disposable Income

Distressed Property

Domed Ceiling

Door Jambs

Dormer

Double-hung Window

Dovetail Joints

Down Payment

Down Spouts

Drainage

Draw

Dropped-Ceiling

Drywall

Dual Occupancy

Dual Agency

Duct

Due-on-sale Clause

Duplex

Dutch Colonial Style

E

Early Occupancy

Easement

Eaves

Effective Age

Effective Gross Income

Egress

Elevations

Ell

Encroachment

Encumbrance

Endorser

English Tudor Style

Equity

Escrow

Escrow Account

Escrow Agent

Estate

Eviction

Excavation

Exclusive Listing

Exhaust Fan

F

Facade

Fascia

Fee Simple

Fee Simple Defeasible

Federal Style

Feng Shui

Fibro Cement

Fiduciary Duty

Field Changes

Fill Dirt

Filled Land

Finish Grade

Firm Commitment

Fittings

First Mortgage

Fixed Instalment

Fixed-rate Mortgage

Fixed Time

Fixtures

Flashing

Flat Fee

Flat Roof

Floor Area Ratio

Float Floor Drain

Floating Wall

Florida Rooms

Footings

Foundation

Foreclosure

Foyer

Framing

Free-market Lots

French Doors

Frontage

Freehold

G

Gable

Garnishee

Gearing

Georgian Style

Geodesic Dome

Girders

Granny Flat

Grantee

Grantor

Greek Revival Style

Gross Income

Ground Rent

Group Home

Guarantor

H

Half-bath

Header

Habitable

Hectare

High Density

High Rise

Hip Roof

Historic Structure

Home Equity Line of Credit

Home Improvement Loan

Home Inspection

Hopper Window

Housing Expense Ratio

House Wrap

I

Impact Fees

Implied Warranty of Habitability

Income Property

Incurable Defect

Infill Development

Infill Housing

Inflation

Infrastructure

Ingress

Initial Interest Rate

Inspection Report

Installment Contract

Insulation

Insurable Title

Interest

Interest Accrual Rate

Interest Rate

Interest Rate Buy-Down Plans

Interest Rate Caps

Interest Rate Ceiling

Interest-only Loan

Introductory Loan

Investment Property

J

Joint Tenancy

Joint Venture

Junction Box

K

Key Tenant

Kiosk

L

Land

Landfill

Landlord

Latent Defect

Lateral Support

Lease

Leasehold Estate

Lease Purchase

Leasing Agent

Legal Description

Lessee

Lessor

Levy

License

Lien

Lien Theory

Life Cycle Costing

Life Estate

Life Tenant

Like Kind

LIM Report

Limited Equity Housing

Lis Pendens

Listing Agreement

Loan Application Fee

Loan-to-value Ratio

Loft

Lock-in

Lock-in Period

Lot-and-block System

Low-e Glazings

M

Maintenance Charges

Management Agreement

Management Plan

Manufactured Home

Market Approach

Market-data Approach

Marketable Title

Market Value

Masonry

Master Deed

Master Plan

Material Fact

Merger

Mill

Minor

Mineral Rights

Mixed-use Developments

Mobile-home

Modular Housing

Month-to-month Tenancy

Mortgage

Mortgage-backed Security

Mortgagee

Mortgagor

Must-buy Buyers

Must-sell Sellers

Manhole

Mortgage Broker

Mortgage Discharge Fee

Mortgage Insurance

Mortgage Life Insurance

Mortgage Offset

N

Naked Title

Negative Easement

Negative Gearing

Negotiation

Net Income

Net Income Approach

Net Lease

Net Listing

Net Operating Income

Net Worth

No-choice Rule

No-loss Rule

Nominee

Non-agent

Nonconforming-Use

Noncumulative Zoning

Nondisturbance Clause

Notice of Default

Notice to Quit

O

Off The Plan

Offer

Offers

Offset Account

Ombudsman

Ongoing Fee

Open Home

Open Space

Offer and Acceptance

Offer and Acceptance

Offeree

Office Property

Offeror

Offsite Improvements

Open-buyer-agency-agreement

Open House

Open Listing

Open-market Operations

Operating Budget

Operating Expenses

Option

Option Listing

Owner-occupied

Ownership

Owner Financing

P

Package Loan

Partial Release Clause

Partial Zoning

Participation Mortgage

Partition

Party Wall

Party Wall Easement

Passed In

Patent

Patent Defect

Percentage Fee

Percentage Lease

Periodic Tenancy

Personal Property

Physical Deterioration

PIM

POA

Power-of Attorney

Power-of-sale Clause

Pre-qualification

Primary Personal Residence

Prime Rate

Principal

Private Offering

Private Sale

Private Treaty Sale

Progression

Property Analysis

Property Management

Property Reports

Proprietary Lease

Prospecting

Q

Qualified Buyer

Quantity-survey Method

Quiet Title

Quitclaim Deed

R

Rafter

Real Estate

Real Estate Assistant

Real Estate Brokerage

Real Estate Commissioner

Real Estate Dealer

Real Estate Educators Association

Real Estate Investor

Real Estate License Law

Real Estate Owned

Real Estate Recovery Fund

Realtos Code of Ethics

Refinance

REINZ

Requisitions on Title

Reserve Price

Resource Consents

Right of First Refusal

Right of Survivorship

Right of Way

Rise and Fall clause

Rise and Fall clause

Roof Pitch

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