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1. www.masterclass.com › articles › real-estate40 Common Real Estate Abbreviations and Acronyms

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   Jun 15, 2021 · The real estate industry uses several unique acronyms and abbreviations. Understanding these terms can be beneficial for buyers and sellers. Explore.

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2. www.realtor.ca › blog › real-estate-terms-cheatReal Estate Terms Cheat Sheet - REALTOR.ca Blog

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   So when you embark on your journey, one of your first stops should be familiarizing yourself with the lingo. We’ve curated helpful information from our Homebuyers’ Road Map and Tips for Buyers, to share with you some of the most important terminology a new buyer needs to know—from pre-purchase to post-purchase.

3. www.mikestewart.ca › real-estate-terms-canadaReal Estate Terms Canada & Real Estate Terminology Canada

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   Understanding the real estate terminology Canada uses is crucial for anyone involved in the real estate market in Canada, whether you’re a first-time homebuyer, a seasoned investor, or a professional in the industry.

4. blog.remax.ca › real-estate-terms-the-homebuyersReal Estate Terms: RE/MAX Home Buyer’s Glossary - RE/MAX Canada

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   Sep 12, 2023 · Mastering real estate terminology and understanding the nuances of real estate terminology in Canada are critical steps for anyone buying, selling, or investing in property.

5. theclose.com › real-estate-terms136 Real Estate Terms and Definitions You Need to Know

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   Nov 13, 2023 · Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients. Even if you know every one of the 136 real estate terms on this list and how to use them, your clients expect you to be their interpreter.

6. getnewhouse.ca › blog › real-estate-terms-canada20 Real Estate Terms in Canada - List for Canadian Home ...

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   Know popular real estate terms in Canada. Discover Canadian real estate concepts specific to home buyers, sellers, and agents.

7. People also ask

   What is a real estate market condition?

   • A real estate market condition where the number of properties available for sale is roughly equal to the number of potential buyers. A payment instrument issued by a bank on behalf of a buyer to guarantee the availability of funds for a specific transaction.

   Real Estate Terms Canada & Real Estate Terminology Canada

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   What is the value of a property?

   • Basically, the property is being sold in its current condition without any improvements, repairs, guarantees, or warranties. This is the dollar value the local government assigns to a home based on square footage, condition, and relative comps. It helps determine how much owners will pay in property taxes.

   136 Real Estate Terms and Definitions You Need to Know - The Close

   theclose.com/real-estate-terms/

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   What is a real estate abbreviation?

   • In real estate, ABR stands for an accredited buyer representative. This is a special designation for real estate agents offered by the National Association of Realtors. 1.

   40 Common Real Estate Abbreviations and Acronyms - MasterClass

   www.masterclass.com/articles/real-estate-abbreviation-guide

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   What are the characteristics of real estate?

   • Real estate has seven specific characteristics related to its economic impact or physical nature. They are scarcity, improvements, location, investment permanence, uniqueness, immobility, and Indestructibility. A real estate property can be classified into residential, commercial, industrial, or land.

   A Complete Glossary: 50 Real Estate Terms from A to Z (2024)

   investguiding.com/article/a-complete-glossary-50-real-estate-terms-from-a-to-z

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   What is a condition in a real estate contract?

   • A condition or clause in a real estate contract that specifies certain events must occur or certain conditions must be met before the contract is legally binding. The visual attractiveness of a property when viewed from the street or sidewalk.

   Real Estate Terms: RE/MAX Home Buyer’s Glossary - RE/MAX Canada

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   What is assessed value in real estate?

   • Assessed value: The value assigned to a real estate property that is used to determine its property tax rate. Broker: A real estate professional that is licensed to represent clients and manage a brokerage in their state.

   A Complete Glossary: 50 Real Estate Terms from A to Z (2024)

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8. investguiding.com › article › a-complete-glossary-50A Complete Glossary: 50 Real Estate Terms from A to Z (2024)

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   5 days ago · The process of buying, selling, and investing in real estate is complicated and not surprisingly, so is all the terminology that comes with it. As a jumping off point, we’ve compiled 50 of the most common terms used in real estate and defined them for you. Real estate terms: A through E. F through J. K through O. P through T. U through Z.