Terms with Tag Rental Property

  • Oceanfront (Ocnfrnt)Abbreviation,
    • Owner Phone Number (OPH)Acronym,
      • Owner-Occupied (OO, owner/occ)Acronym & Abbreviation,
        • Used by mortgage lenders and brokers upon negotiating terms of a mortgage loan. Owner occupied means that the borrower is also the primary resident of the property to be mortgaged.
        • The owner lives in the building.
      • Parking (prk) Abbreviation,
        • A term that refers to depositing cash in a high-yield money market account until it is transferred to another account to pay bills.
      • Patio (pat)Abbreviation,
        • Penthouse (pnths)Abbreviation,
          • An apartment on the top floor of a building.
        • Per Week (pw)Abbreviation,
          • Playground (play)Abbreviation,
            • Porch (por)Abbreviation,
              • Privacy Fence (pvcy fence)Abbreviation,
                • Private (pvt, prv, prvt)Abbreviation,
                  • Private Bathroom (pvt bath)Abbreviation,
                    • Private Room (pvt rm)Abbreviation,
                      • Privately Maintained (prmn)Abbreviation,
                          As in privately maintained road.
                        • Propane Gas (pgs)Abbreviation,
                          • Propane Heat (prop ht)Abbreviation,
                            • Provincial Rental Housing Corporation (PRHC)Company,
                                BC Housing’s land holding company.
                              • Pullman Kitchen (pulmn ki)Abbreviation,
                                • A small kitchen along one wall.
                              • Radiant Heat (rad, radt)Abbreviation,
                                • Radiator (rdr)Abbreviation,
                                  • Recreation Room (rec, recrm)Abbreviation,
                                    • References Required (refs req, refs reqd, ref req)Abbreviation,
                                      • Refrigerator (refr, ref)Abbreviation,
                                        • Renovated (ren, renov)Abbreviation,
                                          • Rent with Optional Buy (R/opt)Abbreviation,
                                            • Rent-to-Own (RTO) Acronym,
                                              • An agreement to purchase an asset after a series of rental payments.
                                            • Rental Agreement (RA) Acronym, Important,
                                              • A document that states the terms and conditions for tenancy of a dwelling.
                                            • Rental Property (RP) Acronym, Important,
                                              • Property that is occupied by rent-paying tenants and not the owner.
                                            • Rented (rnt)Abbreviation,
                                              • Responsible or Responsibility (resp)Abbreviation,
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