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Learn Some Real Estate Terminology

As with any profession there is a great deal of terminology unique to real estate day-to-day practice. If you want to participate in the real estate market today, the terminology and jargon must be learned. Although not complete, the following terminology and our Glossary of Real Estate Terms will help you to to become familiar with certain concepts and words.

The real estate business
encompasses a great number of skills and professions: financial, legal, governmental, building trades, and of course, real estate itself.  The number of variables which can affect a real estate transaction are myriad indeed, involving both legal and technical expertise. So, as with any business, in order to be successful as a buyer or seller, it is necessary to become familiar with certain concepts and words.

Below is a quick run-through of some of the jargon and important real estate terminology you'll encounter: