Property Management Glossary

noun an accessory or other item associated with a particular activity or style

• The lease agreement includes the use of all appurtenances on the property.
• Make sure to take care of all the appurtenances in the house.
• I can't believe how much we spent on all these appurtenances for the backyard.
• His knowledge of history is not just limited to facts, but also includes the appurtenances of the time period.

noun a structure with a roof and walls, such as a house or factory, used for a particular purpose

verb not applicable

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• The architect presented the blueprints for the new building to the city council.
• We're meeting at the new building downtown for lunch today.
• That building is lit, we should definitely check it out.
• Education is the building blocks of a successful career.

noun a building or complex of buildings containing a number of individually owned apartments or houses

• The condominium complex is managed by a professional property management company.
• I'm thinking of buying a condo in that new condominium building.
• Let's crash at my friend's condo in the fancy condominium downtown.
• Living in a condominium is like being part of a close-knit community.

noun realty - real estate; property consisting of houses and land

• The realty market has been experiencing a downturn due to the economic recession.
• I heard that the realty prices in this neighborhood are skyrocketing!
• I'm thinking of getting into the realty game and flipping some houses.
• In the realty of relationships, communication is key to a successful partnership.

noun a person who occupies land or property rented from a landlord

• The tenant signed a lease agreement with the landlord for a year.
• The tenant next door always throws loud parties on the weekends.
• I heard the new tenant is a real cool cat.
• As a writer, I see words as tenants in the house of language.

noun A person to whom personal property is delivered in trust.

• The bailee is responsible for taking care of the goods entrusted to them by the bailor.
• As the bailee, make sure you keep track of all the items you borrowed.
• Yo, did you hear about the bailee who lost all the stuff they were supposed to look after?
• She felt like a bailee of emotions, holding onto feelings that were not her own.