Real Estate Dictionary
A
- Acceptance
- Act of God
- Agreement
- Amortise
- Appraisal
- Appraiser/Valuer
- Appreciation
- Asking Price
- Assessed Value
- Asset
- Assignment
- Auction
B
- Balloon Payment
- Beneficiary
- Body Corporate
- Bond
- Borrower
- Boundary
- Bridging Finance
- Broker
- Building Code
- Building Consent
- Business Day
- Buyers Market
C
- Capital
- Capital Expenditure
- Capital Gain
- Capital Improvement
- Capitalise
- Cash Flow
- Cash-out
- Caveat
- Caveat Emptor
- Certificate of Title
- Chattels
- Clear Title
- Code of Compliance
- Collateral
- Commission
- Common Law
- Common Property
- Compliance Schedule
- Conditional Agreement
- Conditions (Special Conditions in a Sale & Purchase Agreement)
- Construction Loan
- Contract of Sale
- Controlled Activity
- Conveyance
- Cooling Off Period
- Councils
- Covenant
- Cover Note
- Credit History
- Credit Report
- Cross Lease
- Curtilage
D
- Debt Servicing Ratio
- Deed
- Default
- Deposit
- Depreciation
- Disbursement
- Discretionary Activity
- Disposable Income
- Drawdown
- Dual Occupancy. More commonly known as “Home & Income”
- Due Diligence
- Duplex
E
- Early Repayment Charge
- Easement
E (continued)
- Encroachment
- Encumbrance
- Equity
- Establishment Fee
- Estate
- Eviction
- Exclusive Agency
- Exclusive Listing/Sole Listing
- Executor
F
- Facility
- Fair Market Value
- Fee Simple
- Fiduciary
- First Mortgage
- Fittings
- Fixed Installment
- Fixed Rate Mortgage
- Fixtures
- Floating Rate Mortgage
- Foreclosure. Mortgagee sale.
- Freehold
G
- Garnishee
- Gearing
- Greenfields
- Gross Income
- GST
- Guarantee/guarantor
H
- Home & Income
- Home Equity Line of Credit or revolving credit
- Home Insurance
I
- Insured Mortgage
- Interest
- Interest Only Loan
- Interest Rate
- Investment Property
- IP
L
- Land Information Memorandum
- Landlord
- Lease
- Lease Option
- Leasehold
- Lenders mortgage Insurance
- Lessor
- Liabilities
- Lien
- Lifetime right to occupy
- LIM
- Line of Credit
- Listing
- LMI
- Loan
- Loan Application Fee
- Loan to Valuation Ratio
- LVR
M
- Market Value
- Maturity Date
- Median Sale Price
- Mortgage
- Mortgage Broker
- Mortgage Discharge Fee
- Mortgage Insurance
- Mortgagee
- Mortgagee sale.
- Mortgagor
N
- Negative Gearing
- Negotiation
- Net Income
- Net Worth
- Nominee
- Notice of Default
N (continued)
- Notification
- Notified Consent
- Null and Void
O
- Off The Plan
- Offer
P
- Passed In
- Permitted Activity
- PIM
- POA
- Portability
- Power-of Attorney
- Pre-approval
- Pre-qualification
- Price on Application
- Prime Rate
- Principal
- Private Sale
- Private Treaty Sale
- Prohibited Activity
- Project Information Memorandum
- Proxy
R
- Real Estate Agent
- RealENZ
- Refinance
- Registration
- REINZ
- Renewal
- Repayment Holiday
- Requisitions on Title
- Reserve Price
- Resource Consents
- Revolving credit
- Revolving Credit Facility or Line of Credit
- Right of First Refusal
- Riparian Rights
- Rise and Fall clause
S
- S&P
- Sale and Purchase Agreement
- Second Mortgage
- Security
- Seller’s Market
- Semi-detached
- Settlement
- Sole Agency
- Special Condition
- Strata Title
- Subdivision
- Substitution
- Sunset clause
- Survey
T
- Tenancy
- Tenants in Common
- Tender
- Term
- Title
- Title Search
- Torrens Title
- Townhouse
- Transfer
- Trustee
U
- Unconditional Agreement
- Unencumbered
- Unit Title
- Unsecured Loan
- Utilities
V
- Valuation
- Vendor
- Void
Y
- Yield
Z
- Zoning
