Real Estate and Property Management Dictionary
Words N Terms is the leading free online Dictionary and Thesaurus made up of an extensive database of words, terms and phrases used in Real Estate contracts and rental home and apartment leases. Supplying trustworthy, extensive definitions; Words N Terms is beneficial to every tenant, landlord, Property Manager or Real Estate Agent. Words N Terms Dictionary and Thesaurus is updated regularly with word definitions written in simple language to aid in strengthening your knowledge and understanding of the Real Estate business.
Click on any letter to find all words in our real estate dictionary that begin with that letter.
Most homebuyers require prior to closing on a purchase, that the property be tested for radon, a naturally occurring, odorless gas that can cause health problems. A colorless radioactive element of the rare gas group, the most stable isotope of which, radon-222, is a decay product of radium.
Land and anything permanently affixed to it, such as buildings and their structural components.
The designation for an agent or broker who is a member of the National Association of Realtors and subscribes to a strict code of ethics.
(1) A refund that resulted from an overpayment of tax or purchase price.
(2) Alternately, an amount given as an incentive to buy.
A situation where individuals or entities give certain rights to each other in return for the rights being given to them.
The act of referring.
To retire from; give up or abandon. To put aside or desist from (something practiced, professed, or intended). To let go; surrender. To cease holding physically; release: relinquish a grip.
The movement of a person or business from one region or location to another.
The amount paid from a tenant to a landlord for the use of property.
Establishes a tenancy for a short period of time, usually one month.
Rental Application Form
A specific application form used to provide landlords and property managers your personal information.
Rental House: A property in which people live by making a periodic payment to a landlord for its use. An apartment, duplex, townhouse, townhome, terraced duplex, condo, condominium, co-op, bungalow, dwelling, flat, loft, abode, house, home, house, cottage, mansion, trailer home, residence, residency, single family detached house, semi-detached duplex, villa, lodge, shelter, structure or place for habitation by human beings.
A sum of money or deposit held for an agreed period of time as a safeguard against any faults. Retaining, retentive, not forfeited. To hold for the full term, to remain at full capacity.
Residential Property Management
The home rental property is conducted as a business, including rental and tenant showings, property rental agreements, rent collection and dispersal, needed repairs and preventative maintenance.
A policy for renters, which covers their personal possessions. Statement to relieve doubt, promotes protection and security. Provided to an individual or household renting a dwelling housing their personal property.
The act of restricting. The state of being restricted. Something that restricts; a regulation or limitation.
A person with whom one shares a room or rooms.
The terms found on this site are defined in real estate or rental home context and may have completely different meanings in other contexts. For a precise definition, you are advised to seek legal counsel.
Words n Terms.com
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