The increase in the propertys value due to changes in market condition, inflation, or other causes. Antiquarian bookseller a term, in todays usage, that describes a bookseller whose stock in trade is primarily old, rare, andor collectible books. Glossary of real estate terms adirondack country homes. Property something or a number of things in which one has the rights and interests subject to ownership. Many words, idioms, and phrases are based on the law, while others are more common words that have a certain meaning when used in relation to land and property records, either current or historical. These terms will not only help you understand the process of book production. In simple terms, it is the amount of money it will take to repair or replace the item in the current market. A professional analysis used a loan or other financing. Association copy a book once belonging to the author, or signed or annotated by the author to someone closely associated with the author of the book or the book itself in some way.
If you are looking for information about thailand property, use this glossary to find. Reproduction cost normal cost of exact duplication of a property as of a certain date. Glossary of real estate terms agent an individual who represents a seller, a buyer or both in the purchase or sale of real estate. We have created a glossary of the most commonly used real estate terms. These terms will not only help you understand the process of book production, but will help you build success for your book. Our glossary was designed to help visitors to our website understand unfamiliar bookrelated terms. A nontraditional book condition description that generally refers to a book in good or very good condition, although no standard exists for this term, and the word can be used to describe a wide variety of actual book conditions. This information is provided without warranty of any kind. Access right the right of an owner to have ingress and egress to and from owners property over.
Comparative market analysis cma condominium insurance ho6 conforming loan. Tenancy the right to occupy a property under agreed terms and conditions. Start studying modern real estate practice 19th edition. Real estate glossary investing terms biggerpockets. We hope you find this list of commercial real estate leasing. This glossary is your guide to book production, design and publishing terms. This glossary is intended to help you understand book production, design and publishing terms. It is in fact perhaps the definitive glossary of its kind and highly recommended. The amount payable by the seller for the work done on.
Glossary of property law terms designing buildings wiki. This glossary defines some of the more difficult terms used in property law. Real estate industry has its own unique language and, without some knowledge of this language, you may find yourself a bit confused if you become involved in a real estate transaction. In 1956, assessment terminology was revised and reissued. Net price what a wholesaler or bookseller pays for a product after all discounts and allowances have been made. Property legal terms, like most legal fields, has terms that may not be familiar to people outside of the field. It has been expanded to include recent additions to the property vocabulary and existing terms have been revised and amended where necessary to reflect correct common. An excellent book collectors glossary, by john carter and first published in 1952. A more complete guide to book sizes, book conditions and binding terms can be found through the aforementioned links. Usually used for residential property and is very similar to gross internal area gia. Property legal terms in thailand siam legal international.
Tenants in common a type of joint tenancy in a property where two or more purchasers own a property in unequal shares. The first half of the glossary contains terms az and is followed by two book anatomy illustrations, descriptions of the various book sizes, a guide to condition ratings, and the most common abbreviations used in the world of. The first half of the glossary contains terms az and is followed by two book anatomy illustrations, descriptions of the various book sizes, a guide to condition ratings, and the most common abbreviations used in the world of books. The glossary of property terms has helped define the property industry since its first publication in 1989. Net pricing a method of determining a wholesale price without reference to a suggested retail price. You can browse the abc for book collectors on the ilab website.
Terraced house a property connected to other houses on either side. You might also like to have a look at our list of industry acronyms. Dau glossary of defense acquisition acronyms and terms, 12th edition back to top. These terms are provided for your information only, with the warning that terms may have different meanings or. As a digital marketplace with an exhaustive range of property listings, we know it is easy to get lost. A course companion for studying for the real estate exam. The amount payable by the seller for the work done on marketing and selling a property. Glossary of terms for the dennis wheatley tribute site. The world of real estate comes with its own special jargon.
This is prepared in a draft form by the sellers solicitor and sent to the buyers solicitor. Title absolute the highest form of tenure available. Buy the glossary of property terms 2 by geoffrey parsons isbn. The glossary of property terms by jones lang lasalle.
It consists of an 80% 30 year first lien at market rates, a 10% 15 year second lien at a slightly higher interest rate, and a 10% down payment. Abbreviations appear alphabetized at the beginning of each respective letter. Nov 17, 2019 glossary of property law terms designing buildings wiki share your construction industry knowledge. Adjustable rate mortgage arm a mortgage that permits the lender to periodically adjust the interest rate to reflect fluctuations in the cost of money. Thats why we put together a glossary of real estate terms for investors to use as a. Contract the legal document that sets out the terms of the salepurchase of the property. Book plate an ownership label, usually placed inside front cover. Real estate exam glossary terms flashcards quizlet. Nov 22, 2019 property jargon buster a glossary of terms posted by onthemarket november 22, 2019 5.
Title deeds the legal documents that prove ownership of a property. Publishing glossary a curated list of the industry terms and phrases aspiring and professional writers need to know language is power, and to that end we at the editorial department have come up with a glossary of commonlyused terms and abbreviations in the book publishing industry. Since the commission for the sale of a house is almost always paid for by the seller, buyers are able to get assistance and information from real estate agents, usually at. Document outlining the terms agreed between the buyer and the seller and binding both parties to complete the salepurchase transaction. There are photo examples of the terms but please keep in mind that book characteristics and conditions vary. A provision in a mortgage that gives the lender the right to demand payment of the entire outstanding balance if a monthly payment is missed. A fee form charged for services rendered from licensed sales brokers, loan officers, and. This abbreviated glossary covers only the most commonly encountered terms. Glossary under secretary of defense for acquisition and. Term of the tenancy the length of the rental period. These terms will not only help you navigate the process of book production, but will help you build success for your book.
Page 1 a abandonment failure to occupy and use property. There may be exceptions to some of our definitions our main concern is to provide you with general concepts relative to commonly used book jargon. The glossary of real estate terms was prepared for blacks guide by e. The propertyshark glossary is intended to provide real estate professionals and home buyers with a basic understanding of various specialized terms. Glossary of terms page 1 glossary of real estate terms we hope you find this list of commercial real estate leasing terms helpful. It has been expanded to include recent additions to the property vocabulary. Describes a book in which the top, fore edge and bottom of the outside of the.
Within this alphabetical list of common terms certain issues have been expanded and in other cases direct links are provided to help you get closer to the specific data you require. Understanding this special terminology is essential for correctly interpreting the meaning and. Non periodic printed publication of at least 49 pages exclusive of the cover pages. If we have used a word you dont understand, please do ask what it means.
A glossary of special, unusual, or technical words or expressions is an alphabetical. Make sure youre in the know by getting to grips with the basics. Originally published in 1997, the glossary for property appraisal and assessment was. It has been expanded to include recent additions to the property vocabulary and existing terms have been revised and amended where necessary. Here are some of the more commonly used industry terms that you should be familiar with to help better understand the property market. Glossary of book termssome common abbreviations used in the world of collectible books. Glossary of book collecting terms book collecting tips. The glossary of property terms 2nd edition geoffrey parsons jon. Thats why we put together a glossary of real estate terms for investors to use as a resource throughout the propertybuying process.
Terms taken from the glossary of the psi test manual learn with flashcards, games, and more for free. The value placed on a property by the public tax assessor for purposes of taxation. Master deed in a condominium development, the document recorded to reflect the location of the project and the individual units. Browse through more than 121,000 verified real estate properties with accurate lowdown on amenities, neighborhoods and cities, and genuine pictures. A professional analysis used a loan or other financing as an annual rate. At, we guide home buyers right from the start of their home search to the very end. In leasehold property ownership the lessee is the person who owns the property for a limited period of time and may be required to pay rent to the owner of the superior title lessor the person who owns the superior title and is entitled to the ground rent under the lease and possession of the property at the end of the lease term. It includes all floor area including internal walls, mezzanines, hallways, bathrooms but excludes common spaces, patios, balconies. Suggestions for glossary entries are encouraged and can be sent to. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Integrity condition or description of a property that is physically unaltered or one that retains enough of its historic. This free online glossary of real estate terms includes selected terms commonly encountered by both tenants and home purchasers. Glossary of terms norfolk county registry of deeds.
Understanding this special terminology is essential for correctly interpreting the meaning and purpose of any individual land transaction. Glossary terms defined 6 city of san antonio inkind replacement to replace a feature of a building with materials of the same characteristics, such as material, texture, color, etc. Property professionals can often get caught up in their own lingo. Real estate terminology a course companion for studying for the real estate exam, for real estate home study courses, for real estate continuing education courses, for real estate statutory courses, and for any form of college real estate course. Below youll find a list of terms and their definitions to common book distribution terms. The glossary contains terms commonly used in real estate by both tenants and home purchasers. Search the glossary of book terms to unravel the puzzling language you may have found in the description of your book. This is an extract from the more comprehensive glossary of property terms jointly published by the reia, property council of australia pca and australian property institute api during january 2007. The usage of this acronym depends entirely on the location of the bookseller. Glossary of property law terms designing buildings wiki share your construction industry knowledge.
There are some commonly used, and often misunderstood, terms that you should know if you are investing in property. The land and property industry has its own language. Glossary of real estate terms 801010 a type of blended mortgage loan which avoids private mortgage insurance pmi. Glossary definition and meaning collins english dictionary. A course companion for studying for the real estate exam, for. Glossary for property international association of.
Acceptance the act of agreeing or consenting to the terms of an offer thereby establishing the meeting of the minds that is an essential element of a contract. Future plans for the glossary include making additional updates in 2014 and providing more frequent updates as terms are added or redefined. A superstore carries 100,000 or more titles and can include a coffee shop and other amenities. Ioba book terminology independent online booksellers. A list of terms and definitions particular to the subject of the book. A method of determining the value of a property by comparing the prices paid for similar properties. The increase in the property s value due to changes in market condition, inflation, or other causes. A large company that owns many bookstores under the same name. Antiquarian bookseller a term, in todays usage, that describes a bookseller. Information about book conditions, the various parts of books, sizes and formats, and various terms used in the book world. Under net pricing in the book industry, the publisher sets the price of a book to the bookseller or wholesaler, and each bookselling.
Some booksellers prefer the term mellowed, a term best perhaps reserved for. Form of title generally required to be delivered at the sale of property. This second edition remains the glossary for all in the landed professions and related endeavours. It includes both tangible property and intangible property. Stratum area sua the area shown on a registered plan of subdivision as calculated by a registered surveyor. Glossary of bookseller, publisher and printer terms. Book glossary terminology used by book publishers, dealers, and collectors. The glossary of property terms has helped define the property industry since its publication in 1989.
Property jargon buster a glossary of terms posted by onthemarket november 22, 2019 5. The original glossary, assessment terminology, was published in 1937, shortly after the founding of the national association of assessing officers. Our glossary was designed to help visitors to our website understand unfamiliar book related terms. If you are looking for information about thailand property, use this glossary to find the meaning of any unfamiliar property terms. Property24 has put together a comprehensive property glossary, for your complete home buying reference. Replacement propertythe property received by an investor taxpayer in a 1031 exchange. Code of ethics a written standard of ethical conduct embraced by the national association of realtors, a trade organization of more than 700,000 members representing all branches of the real estate industry. Committees on real property, probate and trust law glossary. Instead of having to come up with a 20% down payment, a buyer. With this in mind, the experts at our title companies have compiled the following glossary of terms commonly used. There is a lot of real estate terminology used during the home buying and selling process and century 21 is here to help you understand those terms.
1153 546 1092 1554 785 438 518 491 1010 230 522 502 506 1475 882 1130 655 1484 690 1119 819 255 245 551 150 1349 51 430 415