The payment made to a broker or agent for successfully closing a property transaction, typically a % of the sale price.

A deposit made by the buyer to show serious intent to purchase, usually held in escrow until closing.

An insurance policy protecting buyers and lenders against losses from title defects or legal disputes.

Real estate sold before construction is complete, often at lower prices with staged payment plans.

A contract to purchase property before it is completed or fully constructed.

A promise from the developer to fix defects or ensure certain standards in new construction projects.

A document listing minor issues or incomplete work that the developer agrees to fix before final handover.

A tax or fee paid to the government when ownership of land or property is officially transferred.

Regular payment collected from property owners for upkeep of shared spaces and facilities.

An organization managing shared property, enforcing rules, and maintaining common areas in housing developments.