Real Estate Terminology: R to S

An invisible, odourless, tasteless gas produced by the decay of uranium that occurs naturally in the eart's crust.

Real Estate:
Property consisting of land or land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; leasehold and business whether with or without premises, fixtures, stock in trade, goods or chattels in connection with the operation of the business; More generally: buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing; an item of real property.

Real Estate Broker:
A person who represents a principal in a real estate trade.

Real Property:
The combination of the tangible and intangible attributes of land and improvements. The real estate, plus the rights that go with it.

A trademarked name describing real estate professionals who are members of a local real estate board and the Canadian Real Estate Association.

The conpensation paid for the temporary use, and/or occupation of real estate.

Rentable Area:
The useable area of the tenanted space plus an allocation of floor common areas (e.g., washrooms, lobby, stairways, utility rooms etc.)

A level, continuous pad between the foundation top and the bottom of the framming system.

The accurate mathematical measurement of land and buildings thereon, made with the aid of instruments.

An association of individuals formed for the purpose of owing, operating and managing large parcels of real property for the mutual benefit of all, and organized as a corporation, limited partnership or joint venture.

For more terminology and jargon check:

Window Coverings

Window Coverings

Window coverings play a leading role in enhancing the style of the interior of your home. They can help set atmosphere and can be both attractive and functional. Window coverings come in variety of styles, colors and materials to help you achieve the look and the coverage you need. Read more...

Seller Info

Seller Info

If you currently own property and are thinking of placing it on the market, get informed about preparing your home for sale, pricing your property appropriately, marketing it effectively and learn everything you can about real estate sale process so you can maximize your chance of a profitable sale by avoiding costly marketing mistakes.

Victoria Park Square - Brantford

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Although not complete, the glossary of real estate terms will help you with some of the more common terms. More...

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