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Amenities

Extra features or facilities offered with a property, enhancing its value or appeal.

by Sukhumalin  July 11, 2025

Annual Percentage Rate (APR)

The total yearly cost of borrowing expressed as a percentage, including interest and fees.

by Sukhumalin  July 11, 2025

Appreciation

The increase in a property’s value over time.

by Sukhumalin  July 11, 2025

As-Is Condition

Selling a property in its existing state, without repairs or warranties.

by Sukhumalin  July 11, 2025

Assessed Value

The value assigned to a property by a government for taxation purposes.

by Sukhumalin  July 11, 2025

Assignment of Lease

Transferring a lease agreement from one tenant to another.

by Sukhumalin  July 11, 2025

Assumable Mortgage

A mortgage that can be transferred to a new owner who takes over the payments.

by Sukhumalin  July 11, 2025

Backup Offer

A secondary offer that becomes active if the primary offer falls through.

by Sukhumalin  July 11, 2025

Base Building

The structural core of a building, ready for tenant-specific interior work.

by Sukhumalin  July 11, 2025

Basis Point

A unit equal to 1/100th of a percentage point, used in interest rates.

by Sukhumalin  July 11, 2025

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Discover the essential real estate terms that will elevate your game and give you the confidence to navigate the market like a pro! Dive in and explore the terms that interest you the most.

Glossary Of Real Estate Lending List

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