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Real Estate Vocabulary

  • Game Code: 1926972
  •  English    14     Public
    Real Estate vocabulary
  •   Study   Slideshow
  • property
    a thing or things that are owned by somebody; a possession or possessions
  •  20
  • represent
    to act on behalf of someone or in his or her interest
  •  20
  • purchase
    to buy something
  •  20
  • responsibility
    a duty to deal with or take care of somebody/something, so that you may be blamed if something goes wrong
  •  20
  • rent
    an amount of money that you regularly pay so that you can use a house, room, etc.
  •  15
  • lease
    a legal agreement that allows you to use a building, a piece of equipment or some land for a period of time, usually in return for rent
  •  15
  • tenant
    a person who pays rent for the use of a room, building, land, etc. to the person who owns it
  •  15
  • landlord
    a person or company from whom you rent a room, a house, an office, etc.
  •  15
  • owner
    someone who possesses something or has the legal right to it
  •  15
  • party
    a person, group or other entity in an agreement or transaction
  •  15
  • property management
    the process of overseeing a rental property for someone who owns it
  •  15
  • real estate
    property in the form of buildings and land
  •  15
  • seller
    someone who ones something and trades it in exchange for money
  •  15
  • negotiate
    to try to reach an agreement by formal discussion
  •  15
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