Real Estate Glossary

verb to be next to or in contact with something

• The new office building will adjoin the existing shopping center.
• Our backyard adjoins the neighbor's property.
• I heard that their houses adjoin, so they must be close friends.
• The two ideas adjoin seamlessly in the author's writing.

verb to relate to or be connected with something

• The regulations appertaining to this industry are clearly outlined in the handbook.
• I'm not sure about all the rules appertaining to this job, but I'll figure it out.
• I don't really care about all that stuff appertaining to the project.
• The responsibilities appertaining to leadership weigh heavily on her shoulders.

noun a word that represents a person, place, thing, or idea

adjective a word that describes or modifies a noun

• The company received some bad notices from customers regarding the quality of their products.
• I heard there were some bad notices about the new restaurant in town.
• Did you see the bad notices that guy got on social media? Ouch.
• The bad notices on his performance review really hit him hard.

noun a person who buys and sells goods or assets for others

verb None

adjective None

adverb None

pronoun None

preposition None

conjunction None

interjection None

article None

• The broker facilitated the sale of the property between the buyer and seller.
• I hired a broker to help me find the best insurance policy.
• My broker hooked me up with a sweet deal on that car.
• She acted as a broker of information between the two parties.

noun the business of buying and selling goods or assets for others

• The brokerage firm handles all the transactions related to buying and selling stocks.
• I'm thinking of using a brokerage to invest in the stock market.
• My friend works at a brokerage and makes a lot of money.
• In the world of finance, the brokerage acts as a middleman between buyers and sellers.

noun a legal notice or disclaimer

• Before signing the contract, I must mention one caveat regarding the payment terms.
• Just a heads up, there's a small caveat with the new software update.
• Yo, there's a big caveat with that plan, just so you know.
• She entered the relationship with a caveat in her heart, wary of getting hurt again.

noun a central agency for the collection, classification, and distribution of information or materials

• The clearing house is responsible for settling transactions between buyers and sellers in the financial market.
• I heard that the clearing house is where all the money gets sorted out.
• The clearing house is like the middleman that makes sure everything is good to go.
• In a way, the clearing house is like the referee ensuring fair play in the financial game.

verb Closed is also a past tense verb that means to shut or block off an entrance, opening, or access.

adjective Closed is an adjective that describes something that is not open or accessible.

• The store will be closed for renovations next week.
• Sorry, but the shop is closed for the day.
• The club is closed tonight, let's find somewhere else to go.
• After the incident, she closed herself off from everyone.

noun a group of people officially appointed to perform a certain task or function

verb to authorize the production or creation of something, such as a work of art or a piece of music

• The artist was commissioned to create a sculpture for the new museum.
• My friend commissioned me to paint a portrait of her dog.
• I got commissioned to design a logo for a startup company.
• The detective was on a commission to solve the mysterious case.

noun a small enclosure or cage for poultry

verb to confine in a coop

• The farmers decided to establish a cooperative to manage the distribution of their products.
• Let's all pitch in and build a chicken coop in the backyard.
• I heard the new startup is a real coop, everyone there is like family.
• The team worked together seamlessly, like a well-oiled coop.

adjective describing two or more things that share a boundary or limit

• The boundaries of the two countries are coterminous, meaning they share the same borders.
• The two neighborhoods are coterminous, so it's easy to walk back and forth between them.
• Our interests are coterminous, we both love the same music and movies.
• The goals of the project and the company are coterminous, both aiming for success and growth.

noun a large amount or extent

verb to buy and sell goods or services

adjective great in amount, extent, or degree

• The two parties reached a mutually beneficial deal after weeks of negotiations.
• I got a great deal on this new laptop during the sale.
• Let's make a deal - I'll do your homework if you cover for me at work.
• She had to deal with a lot of stress at work, but she handled it like a pro.

noun A person or business that buys and sells goods or services for profit

• The dealer at the art auction was very knowledgeable about the pieces up for sale.
• I heard that the car dealer down the street is having a big sale this weekend.
• My friend is a blackjack dealer at the casino and makes good money in tips.
• She was known as the dealer of gossip in our group of friends.

noun a layer or mass of a mineral or other substance found in a rock or other geological formation

verb to put or set down a sum of money in a bank account or other fund

• The bank requires a deposit of at least $100 to open a savings account.
• You'll need to put down a deposit if you want to reserve the venue for your party.
• I had to drop a deposit on those concert tickets before they sold out.
• His kindness towards others is like a deposit in the bank of goodwill.

noun a disadvantage or problem that makes something less effective or successful

verb to move away or retreat, to recoil or shrink back

• One major draw back of the new policy is its potential impact on small businesses.
• The main draw back of going to that restaurant is the long wait times.
• The draw back of living in the city is the crazy expensive rent.
• The draw back of always being the life of the party is that people may not take you seriously when you need them to.

noun a payment that is due

adjective appropriate or expected under the circumstances

preposition because of or as a result of

• The project deadline was extended due to unforeseen circumstances.
• I couldn't submit my assignment on time because of some unexpected issues.
• I missed the bus due to some bad luck.
• Her success was due to her hard work and dedication.

verb to intrude on someone's territory or rights

• The new construction project will encroach upon the protected wetlands.
• Hey, could you please not encroach on my personal space?
• Dude, don't encroach on my turf like that!
• His negative attitude began to encroach on the team's morale.

verb to make something longer or larger, to stretch out or spread out

• The company decided to extend the deadline for the project submission.
• I asked my boss if he could extend my vacation days.
• I need to extend my curfew tonight so I can stay out later.
• Her kindness seemed to extend to everyone she met.

noun the state of being filled up or containing as much or as many as possible

adjective describing a noun as containing or holding as much or as many as possible; having no empty space

• The room was full of distinguished guests attending the conference.
• The theater was packed with people for the movie premiere.
• The party was lit, the house was full of cool people.
• Her heart was full of love for her family.

noun a person or organization that gives a guarantee, typically to pay a debt if the original debtor does not

• The guarantor of the loan must meet certain financial criteria.
• My dad agreed to be my guarantor for the apartment lease.
• I'll be your guarantor, no worries!
• In this story, the wise old owl serves as the guarantor of knowledge.

noun a person's palm or the extremity of a limb

verb to pass or give something to someone else

• Please hand over the document to the receptionist.
• Hey, can you hand over the remote control?
• Yo, dude, hand over the cash!
• He finally decided to hand over control of the company to his daughter.

noun A word that represents a person, place, thing, or idea. In this case, 'hold' can be a noun when referring to a grip or control.

preposition A word that shows the relationship between a noun (or pronoun) and other words in a sentence. In this case, 'by' is a preposition indicating the method or means by which something is held.

• The property is currently hold by the estate trustee.
• The keys are hold by the receptionist at the front desk.
• The record for the fastest sprint is hold by Usain Bolt.
• The power of decision-making is hold by the board of directors.

noun the act of grasping or gripping something

verb the present participle of the verb 'hold', which means to grasp or support something

adjective having the ability to hold or grasp something

• The lawyer was seen holding a stack of legal documents.
• I was holding the door open for you.
• She was holding onto her phone for dear life.
• He was holding onto hope despite the difficult situation.

noun assets or investments owned by a person or organization

• The company's holdings include various real estate properties across the country.
• She's got a lot of holdings in different businesses.
• His holdings are off the charts, he's basically rolling in dough.
• Her emotional holdings were shaken after the breakup.

adverb to the greatest extent or degree; completely or entirely

• Please make sure to pay the invoice in full by the due date.
• Don't forget to settle the bill in full before leaving.
• Make sure you cough up the cash in full or there will be consequences.
• He poured his heart out in full during the emotional speech.

noun a device operated by a key, combination, or keycard and used to secure a door, gate, or container

verb to fasten with a lock

adverb in a manner that secures something with a lock

• The security guard will lock up the building at the end of the day.
• Don't forget to lock up before you leave the house.
• I always make sure to lock up tight when I'm out of town.
• She felt like she had to lock up her emotions to protect herself from getting hurt.

noun main office - the primary location or headquarters of a company or organization

• The main office is located in the city center, easily accessible by public transportation.
• You can find the main office on the third floor of the building.
• I'll meet you at the main office for a quick chat.
• In this organization, the main office represents the heart of all operations.

noun something that is successful or of high quality

verb to fulfill or carry out a promise or commitment

adjective satisfactory or of high quality

• It is important to make good on your promises in order to maintain trust in a professional setting.
• I'll make good on my offer to help you move this weekend.
• I promise to make good on my end of the deal.
• Sometimes you have to make good on a bad situation and turn it into something positive.

noun a reduction in price

verb to reduce the price of an item

• The retailer decided to mark down the prices of their products in order to attract more customers.
• I heard they're going to mark down those shoes you've been wanting to buy.
• Let's wait until they mark down the new video game before we buy it.
• She couldn't help but mark down all the ways in which he had changed since they first met.

noun the price at which something can be bought or sold in a market

• The market value of the company's shares has been steadily increasing.
• The market value of that vintage car is through the roof!
• I heard the market value of that limited edition sneaker is off the charts.
• Her market value as a singer has skyrocketed since the release of her latest album.

noun a cardinal number, a thousand thousands

• The company reported a profit of $10 million last quarter.
• I can't believe she won a million dollars in the lottery!
• He's got a cool million stashed away somewhere.
• Her love for him was worth a million stars in the sky.

noun a job or position held by a person

verb to take control or possession of a place

• The new company will occupy the office space starting next month.
• I heard that Sarah will occupy the corner office once she gets promoted.
• I can't believe how quickly that new restaurant is occupying the food scene.
• Negative thoughts can easily occupy your mind if you let them.

noun the point at which something begins or is created

• The origination of the company can be traced back to the early 1900s.
• I'm not sure about the origination of this tradition, but it's been around for a long time.
• I heard a crazy story about the origination of that meme, but who knows if it's true.
• The origination of his success can be attributed to his hard work and dedication.

noun a person who has been ejected from a position or place

• The board voted for the ouster of the CEO due to financial misconduct.
• They kicked him out of the club - it was a total ouster.
• The boss's ouster was the talk of the office for weeks.
• The ouster of the old traditions paved the way for new and exciting changes.

verb to extend or stretch beyond a safe or reasonable limit

• It is important not to overextend your resources when planning a project.
• Don't overextend yourself by taking on too many tasks at once.
• I always overextend my budget when shopping for new clothes.
• Sometimes we overextend ourselves trying to please everyone around us.

noun a plan or scheme, especially one used to outwit an opponent or achieve an end

verb to form a plan or scheme

• The chef carefully arranged the food on the plat before serving it to the guests.
• I always make sure to use a nice plat when I have friends over for dinner.
• That restaurant serves up some fancy plats, but the portions are so small!
• She felt like she was stuck on a spinning plat, unable to escape the chaos around her.

noun a substance that increases the activity of a catalyst

• The promoter of the event worked tirelessly to ensure a successful turnout.
• The promoter dude did a great job getting people to come to the event.
• The promoter was hustlin' to make sure the event was a hit.
• As a promoter of positivity, she always sought to uplift those around her.

noun a person regarded as likely to succeed or as a potential customer, client, etc.

verb to search for or explore (a region) for mineral deposits or oil

• The company is considering the prospect of expanding into international markets.
• I heard there's a job opening at that new company, might be a good prospect for you.
• That new restaurant has been getting good reviews, it's a solid prospect for dinner tonight.
• As she looked out at the vast ocean, she couldn't help but feel a sense of endless prospect before her.

verb to place something in a particular position or location

• She carefully put the documents in the filing cabinet.
• Can you put this book on the shelf for me?
• I'll put in a good word for you with the boss.
• He put his heart and soul into his work.

noun a repayment or compensation for services rendered or for losses

verb to discharge or settle a debt or obligation

• Upon receipt of the final payment, the debtor will issue a quittance to the creditor.
• Once you pay off the loan, you'll get a quittance from the bank.
• Yo, once you settle the debt, they'll give you a quittance, bro.
• Forgiveness can be seen as a quittance for past wrongs.

verb to voluntarily give up or let go of something

adjective having given up or surrendered something

• The land was relinquished by the previous owner and now belongs to the government.
• She relinquished her spot in line so she could grab a snack.
• He finally relinquished his hold on the remote after hours of arguing.
• She relinquished her fears and embraced the unknown adventure ahead.

noun a process of improving a broken, damaged, or outdated structure or system

• The renovation of the historic building was carefully planned and executed.
• We're thinking about doing a renovation on the kitchen next month.
• I heard they're doing a reno on their place to fix it up.
• After the therapy sessions, she felt like her mind had undergone a complete renovation.

noun the act of taking back possession of something, especially in the case of default on payments or breach of contract

• The repossession of the vehicle was carried out according to the terms of the contract.
• They took back the car because he couldn't make the payments.
• They repoed his ride because he was behind on payments.
• The repossession of his dreams left him feeling lost and directionless.

noun a person who lives in a particular place

adjective used to describe something that is located in a particular place

• The resident of the apartment complex filed a noise complaint with the building management.
• The new resident next door seems really friendly.
• The resident at that house party was the life of the party.
• As a writer, words are the residents of my mind.

verb to keep or continue to have something

adjective kept in possession or use

• The employee's position was retained despite the company's restructuring.
• They decided to keep the employee on board even after the company changes.
• The employee's job was saved during the company shake-up.
• The essence of the original design was retained in the final product.

noun a right to inherit property after the death of the current owner

• The reversion of the property to its original owner was a lengthy legal process.
• I heard that there will be a reversion of the old policy next month.
• I can't believe the reversion of that trend, it's so outdated now.
• The reversion to his childhood home brought back a flood of memories.

adjective capable of being reverted or returned to a previous state or condition

• The decision to invest in the project is not revertible once the funds have been allocated.
• Once you hit send on that email, it's not revertible, so make sure it's what you want to say.
• Dude, that haircut is totally revertible if you don't like it.
• The damage caused by his actions was irreversible, not revertible in any way.

noun a transaction in which a buyer pays a seller for a product or service

verb to offer something for purchase

adjective related to the act of selling products or services

preposition used in phrases like 'on sale' to indicate that a product is available for purchase at a reduced price

• The company is having a sale on their products this weekend.
• Hey, did you hear about the big sale happening at the mall?
• I scored some awesome deals at the sale yesterday!
• His constant sales pitches make it hard to trust his intentions.

verb to establish or resolve something, to come to rest or a decision

• After much negotiation, the two parties were able to settle on a fair agreement.
• I think I'll settle for the chicken sandwich instead of the burger.
• I'm just looking to settle down with someone special.
• The dust began to settle after the heated argument.

noun a physical location where people go to shop for goods and services

• The new shopping center in town offers a wide variety of high-end stores.
• Let's meet up at the shopping center later to grab some lunch.
• I heard there's a sick shopping center downtown with all the cool shops.
• Her mind was like a busy shopping center, filled with thoughts and ideas.

verb The action of assuming control or responsibility over something or someone.

preposition Indicating the action of assuming control or responsibility over something or someone.

• The new CEO will be taking over the company next month.
• I heard Sarah is taking over as manager while Tom is on vacation.
• Did you see that new show that's taking over Netflix right now?
• The feeling of exhaustion was taking over her body as she worked late into the night.

noun the action or activity of buying and selling goods and services

adjective related to the act of buying and selling goods and services

• The trading of stocks and bonds is a common practice in the financial markets.
• I've been trading cryptocurrencies on the side to make some extra cash.
• I heard he's really into day trading now, trying to make a quick buck.
• Their friendship was built on a trading of secrets and shared experiences.

noun the act of valuing something too low

verb to assign too low of a value or price to something

• It is important not to undervalue the contributions of all team members in a project.
• Don't undervalue the effort your friend puts into helping you.
• Don't be a fool and undervalue your worth in this situation.
• She realized she had been undervaluing her own self-worth for far too long.

adjective a word that describes or modifies a noun or pronoun, in this case 'unused' describes something that has not been used or is not in use

• The unused equipment was stored in the warehouse.
• There's a bunch of unused stuff in the garage.
• Why are you hoarding all this unused junk?
• Her talent remained unused for years until she finally pursued her passion.

noun the area near or surrounding a particular place

adjective relating to the area near or surrounding a particular place

• The new shopping mall is located in close vicinity to the residential area.
• There's a nice cafe in the vicinity where we can grab a quick bite.
• Let's hang out in the vicinity of the park later.
• The artist's latest work is in the vicinity of a masterpiece.

noun a person or company that is responsible for the complete installation or construction of a project that is ready for immediate use

verb not applicable

adjective of or relating to the provision of a product or service that is ready for immediate use

adverb not applicable

pronoun not applicable

preposition not applicable

conjunction not applicable

interjection not applicable

article not applicable

• The company offers turnkey solutions for businesses looking to streamline their operations.
• I hired a turnkey service to handle all the renovations on my house.
• Let's just go with a turnkey option and not worry about the details.
• She wanted a turnkey relationship where everything was taken care of for her.

verb to find a new home for (a pet or other animal)

• The animal shelter works tirelessly to rehome abandoned pets.
• My neighbor had to rehome her cat because of allergies.
• I heard they're looking to rehome that old couch for cheap.
• Sometimes we need to rehome our old habits to make room for growth.

verb to transfer the ownership of something, especially property or rights, to another person

• The property owner decided to abalienate his land to a developer.
• She had to abalienate her car after it broke down for the third time.
• I heard he's planning to abalienate his old gaming console to make some extra cash.
• Sometimes we have to abalienate our fears in order to move forward in life.

verb a verb is a word that expresses an action or a state of being. 'Abutted' is the past tense of the verb 'abut', which means to be adjacent or to touch along a boundary.

• The property abutted against the river, providing a picturesque view.
• Our backyard abutted the neighbor's fence, making it easy to chat over the fence.
• The two buildings abutted each other, so we could easily hop from one roof to the other.
• Their differing opinions abutted like two opposing forces, causing tension in the room.

verb To acquaint or make familiar with something or someone.

• I acquainted myself with the new policies before the meeting.
• I got acquented with the new guy at work.
• I'm trying to get acquented with the latest trends in fashion.
• She slowly acquainted herself with the idea of moving to a new city.

noun Acreman - a person who works or manages an acre of land

• The acreman surveyed the land to determine its boundaries.
• The acreman is out in the fields measuring the plot.
• The acreman is the one who knows every inch of this place.
• She was like an acreman, meticulously planning out every detail of the project.

noun a shortened form of the word 'agency', which refers to an organization or business that provides a particular service or represents others

• The government agcy is responsible for regulating the financial industry.
• I heard that the agcy is cracking down on illegal parking in the city.
• My friend works for that cool agcy that helps with environmental conservation.
• The agcy of fate seemed to be working against him as he faced one obstacle after another.