Terms with Tag Realty

  • Alberta Real Estate Insurance Exchange (AREIX)Company, Alberta, Canada,
    • Alienation Clause Definition,
      • A requirement that the borrower pay the mortgage in full upon transfer of the property.
    • Allowances Definition,
      • Money set aside by builders for amenities, such as driveways, landscaping, carpeting and fixtures, that are standard but have optional designs.
    • Amenities Definition,
      • Amenities are features such as green space, playgrounds, community centres, shopping malls, or swimming pools that make a neighbourhood or community more desirable for living.
    • Annex Definition,
      • To add one thing onto another.
    • Apartment (apt)Abbreviation,
      • Appraisal Definition,
        • An estimate of the market value of a piece of real estate made by a competent professional who knows local real estate prices and markets.
      • Appraisal Fee Definition,
        • What someone charges to deliver a professional opinion about how much a property is worth.
      • Appraisal Institute of Canada (AIC) Company Est. 1938, Ottawa, Ontario, Canada, Important,
        • Provides regulations and standards within the Canadian appraisal industry.
      • Appraisal Institute of Canada – Newfoundland and Labrador (AICNL)Company, Newfoundland and Labrador, Canada,
          Represents members of the Appraisal Institute of Canada (AIC) located throughout the province of Newfoundland and Labrador.
        • Appraisal or Appraiser (ap) Abbreviation,
          • An estimate of the market value of a piece of real estate made by a competent professional who knows local real estate prices and markets.
        • Appraisal Report Definition,
          • A detailed evaluation of the value of a property based on an inspection and a review of the values of nearby, comparable properties.
        • Appraised Fair Market Value (AFMV)Acronym,
          • Appraised Value Definition,
            • An educated opinion of how much a property is worth.
          • Appraiser Definition,
            • A person qualified by education, training, and experience to estimate the value of real property and personal property.
          • Appreciation Definition,
            • An increase in the value of a property or item.
          • Approval Definition,
            • An assessment made by a lender of a borrower's ability to pay for a home and a confirmation of the amount the borrower may obtain.
          • Approximate Market Value (AMV)Acronym,
            • Architect Definition,
              • One who designs buildings.
            • Architectural Fees Definition,
              • Compensation paid to a person who designs buildings.
            • Architectural Significance Definition,
              • How important a structure is.
            • Architecture, Architectural or Architect (arch.)Abbreviation,
              • Arpent Definition,
                • An area equal to about 0.845 acres, traditionally used in France, Quebec and Louisiana. Nowadays, hectares and acres are more commonly used measurements of area.
              • As is Where is Definition,
                • The buyer must examine the goods or property and buy at his or her own risk.
              • Asbestos (asb) Abbreviation,
                • A fire-resistant element that once was commonly used for insulation. It poses a lung hazard.
              • Asking Price Definition,
                • The amount of money the seller requests for the property or item.
              • Assessed Value (ast, AV) Acronym & Abbreviation,
                • A municipal or provincial government's determination of a property's worth for tax purposes.
              • Assessed Value of Building (AVB)Acronym,
                • Assessed Value of Land (AVL)Acronym,
                  • Assessment Rolls Definition,
                    • Lists of taxable property.
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