Real Estate Glossary
- Agents & Listings 85
- Buying & Selling 131
- Careers in Real Estate 42
- Marketing & Sales 42
- Property Types 68
- Real Estate Regulation (REDDA) 21
- Renting & Letting 71
- Strata & Condominiums 19
- Valuation & Appraisal 58
663 terms
A
- Able to purchase
- Abnormal sale
- Abode
- Absolute Auction
- Absolute net
- Absorption rate
- Accelerated depreciation
- Accrued depreciation
- Accumulated depreciation
- Acquisition
- Acquisition cost
- Actual age
- Aesthetic value
- Affordable housing
- After Repair Value (ARV)
- Agencies
- Agency by estoppel
- Agency created from the presumption of cohabitation
- Agency of Necessity
- Agency Relationship
- Agent
- Agent caravan
- Agent License
- Agreement for Sale
- Agreement of Sale
- AIDA
- Airbnb
- Amenities
- Annual Rental Yield
- Anticipation, principle of
- Apartment
- Apostille
- Appraisal
- Appraisal Fee
- Appraisal Report
- Appraisal value estimate
- Appraised value
- Appraiser
- Architect
- Architecture
- Area analysis
- Area demographics
- Art Deco
- As-Is
- As Is Condition
- Asking Price
- A trust account
- Attorney's Fees for Conveyancing
- Auction
- Auctioneering
- Auctioneering of properties
- Authorization to List
- A warrant
B
- Balance Purchase Price
- Bare license
- Basic Property Listing
- Beach access
- Beachfront
- Beachfront Home
- Breach of Fiduciary Relationship and Duty of Care
- Brochure design
- Broker
- Broker-salesman agreement
- Brokerage
- Brokerages
- Brokers
- Build to Rent
- Built environment professionals
- Bundle Pricing
- Bungalow
- Business-to-Business (B2B) Marketing
- Buyer
- Buyer's market
- Buyer's Remorse
- Buyer agent
- Buying Property in Jamaica as a Foreigner
C
- Cape Cod style
- Capital Improvement
- Cash buyer
- Cashier's Check
- Caveat emptor
- Central location
- Certificate of Sale
- Chartered Builder
- Clarification of relationship
- Client
- Closing (Real Estate Transaction)
- Closing costs
- Closing Statement
- CMA
- Co-broking
- Co-broking Agreement
- Co-broking and dual agency
- Co-housing
- Co-listing
- Code of Ethics
- Cohousing
- Colonial Revival
- Commercial Property Manager
- Commercial real estate
- Commercial Real Estate Broker
- Commingling
- Commission
- Commission of Strata Corporation
- Commission on a listing agreement
- Commonhold
- Commonhold tenure
- Common property disposal
- Communal Spaces
- Community ownership
- Community Trust
- Comparative Market Analysis (CMA)
- Competitive pricing
- Completion Date
- Compliance Officer
- Concept of agency
- Concept of land
- Conditions for the sale
- Condominium
- Condominium conversion
- Condominiums
- Condos
- Conflicts of interest
- Contingencies
- Contingency listing
- Contingent fee
- Continuous professional development
- Contract of sale
- Contractor’s Approach
- Contractor’s Approach Replacement - Summation Method
- Contractor’s Method of Valuation
- Contract to Purchase
- Contractual license
- Cooperating broker
- Cost-Based Pricing
- Cost Approach or Contractor’s Approach
- Cottage
- Counter offer
- Covenants against encumbrances
- Covenants of a landlord
- Covenants of a tenant
- Covenant to repair
- CPD
- Craftsman-style home
- Customer Relationship Management
- Customer satisfaction
D
- Days on the Market
- Dean Jones
- Deed-in-Lieu
- Deferred maintenance
- Deposit
- Direct Buyer
- Director of Surveys
- Discounted Cash Flow (DCF) Method
- DIYer
- Draftsman
- Dream Home
- Drone Compliance Officer
- Drone Pilot/Operator
- Drone Surveyor
- Drone Technician
- Dual agency
- Duplex
- Duty to pay rates
- Dynamic Pricing
E
- Early occupancy
- Earnest money
- Earthbag home
- Easy access
- Eco-friendly homes
- Effective age
- Effective Gross Income (EGI)
- Effective Rental Income
- Enclosure Number
- Encumbered Property
- Ending instructions in real estate
- Enhanced property discription
- Escrow Officer
- Estate Agent
- Estate Agents
- Estate development
- Estimated Gross Costs of Buying
- Estimated Net Costs of Buying
- Estimated Total Costs
- Ethical standards
- Eviction
- Eviction Notice
- Excess rent
- Exchange Contracts
- Exclusive agency listing
- Exclusive agreements
- Exclusive listing
- Exclusive right to sell
- Exclusivity
- Explicit Agency
- Express appointment
- Extension option
F
- Facilities management
- Facilities Manager
- Fair market price
- Family-oriented property
- Farmhouse
- Farmhouse or acreage
- Featured Property Listing
- Fiduciary duty
- Fiduciary relationship
- Fiduciary relatiopnship
- Financial advisor
- Finder's fee
- Fixed-term Tenancy
- Fixer-upper
- Fixtures and fittings
- Flexidentials
- Flipping
- Foot traffic
- Forcible ejection
- Formal offer
- For rent
- For Sale By Owner
- Free house
- FSBO
- Fully-serviced lease
- Furnish
- Furnished property
G
- Gas Safety Checks
- Glamping
- Graphic design
- Gross Development Value (GDV)
- Gross lease
- Ground Rent
- Guided tour
H
- Habitability
- Heterogeneity
- High-rise building
- Highest and best use (HABU)
- High Pressure Sales Tactics
- HMO
- HOA
- Hogan house
- Home inspection
- Home inspection checklist
- Home Inspector
- Homeowners Association (HOA)
- Homogeneity
- Hosting
- Hosting in real estate
- Host in real estate
- House
- House agent
- Houseboat
- House Hacking
I
- Individual Ownership
- Industrial property
- Industry experts
- Infamous conduct
- Inspection report
- Instructions for Sale
- Integrated Marketing Communications
- Integrated Tourism-Real Estate Ventures
- International MLS
- Intrinsic value
- Investment Property
- Island life
- Italianate architecture
- Izba
J
- Jamaica apartments
- Jamaica condos
- Jamaica Dream Homes
- Jamaica Flats
- Jamaica houses
- Jamaica houses for sale
- Jamaica Luxury Real Estate
- Jamaica Multiple Listing Service (MLS)
- Jamaican Georgian architecture
- Jamaican real estate
- Jamaican Realtor
- Jamaica Realty
- JAREBA
K
L
- Land is inelastic
- Landlord
- Land ownership
- Landscape Architect
- Landscape Contractor
- Landscaped properties
- Land Valuation Number
- Latent Defect
- Lease
- Lease Administrator
- Lease agreement
- Lease Buyout
- Leased Property
- Leasehold interest value
- Lease Option
- Lease Property
- Leases
- Lease Violations
- Leasing Consultant
- Leasing Manager
- Legal fees
- Let agreed
- Letter of Intent
- Level of Control on a Listing Agreement
- Licence
- Licensed real estate practitioners
- Licensed Real Estate Salesman
- License for Alteration
- Limited service listing tenure
- Listing agen
- Listing agreement
- Listing Information
- Listing Inventories
- Live-Work Space
- Loan Officer
- Local attractions
- Local Market
- Locational Value of Property
- Lodge
- Log cabin
- Low-ball offe
- Luxury Accommodations
- Luxury real estate
- Luxury villas
M
- Mansion
- Manufactured housing
- Market-based pricing
- Marketing
- Market knowledge
- Market Value
- Market value conceptual framework
- Mass appraisal techniques
- Mediterranean Revival architecture
- Ministry property
- Mint condition
- Mixed-income housing
- Mixed-Use Building
- Mixed-use development
- Mixed-use property
- MLS
- MLS Committee
- MLSS
- Mobile Home
- Modern developments
- Modular Home
- Mortgage Loan Originator
- Mortgage Processor
- Motivated buyer
- Motivated seller
- Mountain view
- Move-in condition
- Moving expenses
- Multi-family house
- Multi-Tenant Rentals
- Multi-unit developments
- Multidwelling property
- Multifamily properties
- Multi Listing Form
- Multiple Listing Service
- Multiple offers
N
- NAR
- National Association of REALTORS®
- Negotiation Power
- Net Operating Income (NOI)
- Net rentable area
- New construction
- New Property
- NLA Land Valuation
- Non-exclusive listing
- Notice to Quit
O
- Occupancy cost
- Odd-even pricing
- Off-plan Purchase
- Offer to Purchase
- Online real estate listings
- Open House
- Open Listing
- Open lot
- Options in a lease
- Organic-style architecture
- Overimprovement
- Ownership in severalty
P
- Parkay flooring
- Partial sea view
- Pending property
- Penetration Pricing
- Penthouse
- Permissive waste
- Planned-Unit Development (PUD)
- Planned Communities
- Plantation owners
- Potential Rental Income
- Power of Sale (strata corporation)
- Practical Completion
- Pre-Licensing Course
- Pre-Licensing Courses
- Pre-Sold Home
- Prefab Home
- Prefab Homes in Jamaica
- Prefab housing
- Prefab Modular Home
- Prefabulous housing
- Preference for direct buyer
- Prestige Pricing
- Prestige property
- Price gouging
- Price Range
- Prime location
- Principal in real estate transactions
- Principle of Conformity
- Principle of Progression
- Principle of Regression
- Private treaty
- Private treaty property
- Procuring cause
- Production Home
- Professional impropriety
- Promotional pricing
- Proof of financing
- Proof of funds
- Property
- Property appraisal
- Property closing costs
- Property features
- Property income potential
- Property inspection
- Property inspections
- Property Listing
- Property listings
- Property management
- Property Management Company
- Property management services
- Property Manager
- Property market
- Property ownership costs
- Property purchase agreement
- Property rental management
- Property rental yield
- Property Report
- Property sales forecast
- Property transactions
- Property valuation
- Property valuation method
- Property Values
- Proposal to Lease
- Proprietors of Strata Plan
- Psychological pricing
- Purchase price
- Purchaser
Q
R
- RAJ
- Ranch
- Ranch home
- Raw Land
- Real Estate
- Real Estate (Dealers and Developers) Act
- Real Estate Accountant
- Real Estate Acquisitions Manager
- Real Estate Administrator
- Real Estate Agent
- Real Estate Agent Attire
- Real estate agent commission
- Real Estate Agent or Broker
- Real Estate Appraiser
- Real Estate Arena
- Real Estate Asset Manager
- Real Estate Assistant
- Real Estate Associate
- Real Estate Board
- Real Estate Boom
- Real Estate Brand Ambassador
- Real estate bubble
- Real Estate Business
- Real Estate Data Analyst
- Real estate ethics
- Real estate events
- Real estate experts
- Real Estate Financial Planner
- Real Estate In Jamaica
- Real Estate Investment Value
- Real Estate Jobs
- Real Estate Leasing Agent
- Real estate license cancelled or suspended
- Real estate listings in Jamaica
- Real Estate Loan Officer
- Real estate market conditions
- Real Estate Marketing Specialist
- Real Estate Marketing Specialist (Drone Focused)
- Real estate market trends
- Real estate newsletter
- Real Estate on the Rocks
- Real Estate Photographer
- Real Estate Practising Certificate
- Real estate purchase offer
- Real estate sector
- Real Estate Stager
- Real Estate Syndicator
- Real estate team
- Real Estate Training Institute (RETI)
- Real estate transaction
- Real Estate YouTuber
- Realistic Selling Price
- Realtist
- Realtor Associate
- REALTORS®
- REALTOR®
- Realty
- REB
- Recovery of Possession
- REDDA
- Registered Developer
- Registered Real Estate Dealer
- Registrar of Titles
- REITs
- Rent
- Rent-to-rent
- Rental agreement terms
- Rental Security Deposit
- Rent Assessment Board
- Rent book
- Repair Value (ARV)
- Replacement cost
- Replacement Reserve Fund
- Resale
- Resale Value
- Residential Demand
- Residential Property Manager
- Resort
- Resorts
- RETI
- Retirement community
- Riad (architecture)
- RICS
- Right of First Offer
- Romanesque Revival architecture
S
- Sale-leaseback
- Sale agreed
- Sale agreement
- Sales agency
- Sales Comparable Approach
- Salesman
- Sale with Tenant in Situ
- Search engine optimization (SEO) for real estate
- Sea view
- Sectional Plan
- Seller
- Seller Broker
- Seller’s market
- Selling faster for less
- Selling Property in Jamaica from Overseas
- Service charges
- Settlement Statement
- Shared-equity Transaction
- Shop
- Shortlisting of Properties
- Single-Family Homes
- Single-family house
- Site influences
- Skimming Pricing
- Snagging
- Social Media Advertising Specialist
- Social Media Content Creator
- Social Media Coordinator
- Social Media Manager
- Social Media Strategist
- Sold (STC)
- Sold Subject to Contract (STC)
- Special Agent
- Special assessment
- Special Condition
- Special Deposit Account
- Speculation home
- Spite house
- Split of Closing Costs
- Squatter
- Starter home
- Stone house
- Straight sale
- Strata
- Strata Corporation
- Strata Plan
- Strata Title
- Strategic Marketing
- Student accommodation
- Student housing
- Subagent
- Sublease
- Subletting
- Supply and Demand
- Sustainable homes
- Systematic Land Registration Programme
T
- Tactical Marketing
- Tata Somba house
- Tear-down condition
- Tenancy Agreement
- Tenant
- Tenant Coordinator
- Tenant improvements
- Term beginning
- Term length
- The Baha Mar Residences
- The fiduciary duties of sales agents
- The One Love Villa
- The Pinnacle
- The Real Estate Inspectorate
- The Rent Restriction Act
- The Voice for Real Estate
- Time is of the Essence
- Timeshare
- Tiny house
- Topographic Survey
- Top Producer
- Townhouse
- TPDCo Licence for Tourist Accommodation
- Tract housing
- Trade equity
- Trade list
- Trading down
- Trading Up
- Transparent House
- Triple Net (NNN)
- Trustee
- Tudor architecture
- Turnkey real estate transaction
- Two- to Four-family Property
- Typography
U
- Under contract
- Under offer
- Undisclosed principal
- Unique Selling Proposition (USP)
- Unlawful eviction
- Unlicensed Agent
- Unlinked property databases
- Unregistered developers
- Unverified references
- Urban Planner
- Use (In a Lease)
V
- Vacancy and Credit Losses
- Vacant lot
- Vacant Possession
- Vacation home
- Vacation homes
- Vacation rental
- Valuation
- Valuation-Strata number
- Valuation Number
- Valuation Report
- Valuation roll number
- Value-Based Pricing
- Value/Price
- Value Pricing
- Vendor
- Vendor's Attorney
- Video tour
- Villa
- Virtual tours
W
Y
Z
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