Dictionary of Real Estate Terms, 9th Edition

This book will help you find your way through modern real estate language. Terms of real estate financing, brokerage law, investment, appraisal, planning, architecture, and construction are presented. Each entry is clearly and concisely defined, and most are presented with a helpful example. Where appropriate, pictorial examples are provided.

Whether you are a first-time home buyer, a real estate investor, or a veteran broker, you will find this book a time-saving alphabetical guide to real estate terminology and real estate organizations. When appropriate, related terms are cross-referenced. The Appendix includes a list of common abbreviations, mathematical formulas, a mortgage payment table, a diagram showing the parts of a house, and measurement tables for convenient reference.

A decisive key to effective business communication is a common vocabulary. Business decisions can be disastrous when made on the basis of misunderstood terminology. This book is dedicated to those who realize that a key to success with real estate is maintaining an up-to-date understanding of the field’s concepts and language. Users will find that they can easily recover the cost of this book many times if only one wrong decision is avoided or one good decision promoted. In addition, a thorough reading of the book is an investment in self-improvement that may pay off in a richer life experience.