Real Estate Dictionary

Click a term to read that definition.

A

abatement
adjustment
agency
agent
Agreement of Purchase and Sale
amendment
amortization
attached house → see town house

B

Buyer Representation Agreement

C

chattel
closing date
common elements
completion date → see closing date
condition
condition precedent
condition subsequent
condo → see condominium
condominium
Confirmation of Co-operation and Representation
consumer report → see credit report
covenant
credit rating → see credit report
credit report

D

deed → see transfer
default
deposit
detached
discharge
disclosure

E

easement
encroachment
encumbrance

F

FINTRAC
fixture
freehold

I

irrevocability

L

land transfer tax
lien
Listing Agreement

M

mortgage
mortgage loan

N

notice of fulfilment

P

personal property → see chattel
PIPEDA
POS → see power of sale
power of sale

Q

quad → see quadruplex
quadruplex

R

real property → see fixture
realtor → see agent
rental items
row house → see town house

S

semi-detached
spousal consent
status certificate
subdivision agreement
survey

T

term
town house
transfer

U

UFFI
Urea-Formaldehyde Foam Insulation → see UFFI

W

WETT
Wood Energy Transfer Technology → see WETT

If you'd like more information, or if you have a question that's not covered here, please ask me — I'll be happy to help.

peter@peterbottcher.ca — Office: 905-793-9233 — Cell: 416-629-8548

Great Spaces Realty Corporation, Brokerage — 7787 Yonge St. #201, Thornhill, ON L3T 7L2
Ph: 905-709-1800 — Fax: 905-709-4752
Not intended to solicit those already under contract with a brokerage

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