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Real estate
Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.
6Categories 16551Terms
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Real estate > Residential 
Single-family home
Real estate; Residential
A living unit that stands independently, set apart from others, and may include a garage, driveway, and lawn. It is generally occupied by a single family or group of people and ...
Mobile home
Real estate; Residential
A living structure that is set on wheels, movable in theory but may not be in practice.
Flipper
Real estate; Residential
A real estate investor who buys a property, renovates it and sells it on at a profit a short time later.
Adjustment date
Real estate; Residential
Day from which all calculations of interest, tax adjustments, utility bill adjustments are made to the credit of either the buyer or the sellers. Usually the same as possession ...
amortization
Real estate; Residential
Number of years it takes to repay the entire amount of the mortgage by periodic payments to the creditor. Source: Vancouver Island Real Estate Board; Random House Webster's ...
Appraised value
Recording equipment; Residential
Estimate of the market value of a property, used by lenders to determine the amount of the mortgage. Source: Vancouver Island Real Estate Board.
Assessed value
Real estate; Residential
Value of a property set by the British Columbia Assessment Authority for the purposes of calculating property tax. Source: Vancouver Island Real Estate Board.
Sub-categories
- Commercial (226)
- Contracts (13098)
- Corporate (746)
- Home improvement (1576)
- Mortgage (522)
- Residential (169)