Like any vocation, the real estate business is clad in its own unique language. And I have stumped some 30-year real estate veterans with questions concerning some of the words...even they still haven't absorbed the seemingly endless and expanding inventory of terms related to this industry. Some of the terms come from legal and coloquial expressions that are 100's of years old.
You might have thought "effective age" was when you used to be able to play racquetball for 3 hours. Perhaps you thought a "sash" was something you wore around your kimono. Still convinced a "setback" is moss reappearing in your lawn, a "percolation test" is experienced at Starbucks, a "joint liability" is something that can be treated with BenGay, or a "Granny flat" is the last bad experience your grandmother had in a car? You need to go to our glossary and enjoy the ever-growing list of real estate terms our website provides.
Saturday, March 27, 2010
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment
Note: Only a member of this blog may post a comment.