Terms with Tag Realty
- Blighted Area — Definition,
- An ugly, run-down neighbourhood.
- Block (blk) — Abbreviation,
- Blue Mountain Real Estate (BMRE) — Company, Collingwood, Ontario, Canada,
- Blueprint (bprt) — Abbreviation,
- The drawing of a structure by an architect or designer, used for construction and getting permits.
- Board Foot — Definition,
- A measurement of lumber equivalent to 1 inch thick, 1 foot long, 1 foot wide.
- Bona Fide — Definition,
- In good faith. In real estate, a bona fide purchaser or seller has the legal right to give or receive title.
- Bona Fide Purchaser (BFP) — Acronym,
- Bonus Room (bns rm) — Abbreviation,
- A large multi-purpose room found in newer or larger homes.
- Bonus to Selling Agent (BTSA) — Acronym,
- Book Value — Definition,
- A valuation method determined by taking the original cost of an asset and subtracting any depreciation, impairment or amortization costs.
- The value of a property, item or company as a capital asset based on its cost plus any additions, subtracting depreciation.
- Boot — Definition,
- Cash or other property used in an exchange to make the values of property traded equal. For instance, if you trade in a delivery truck on a new model, the cash you pay in addition to your old truck is boot.
- Borrow — Definition,
- To get a loan of money.
- Sand, gravel or other material used for grading; a slope.
- Borrow Pit — Definition,
- A hole from which topsoil, gravel, or other material is removed for use in a construction project.
- Boundary — Definition,
- The line dividing adjacent properties.
- Brampton Real Estate Board (BREB) — Company, Canada,
- Breach of Covenant — Definition,
- Violation of a promise made in a contract or property deed.
- Breach of Warranty — Definition,
- A determination that a seller cannot pass clear title of property to a buyer.
- Bridge Financing — Definition,
- A short-term, high interest loan that allows a seller to purchase a new property before selling an existing property.
- British Columbia Northern Real Estate Board (BCNREB) — Company, British Columbia, Canada, ➥ More commonly BC Northern Real Estate Board.
- British Columbia Real Estate Association (BCREA) — Company Est. 1976, British Columbia, Canada,
- Broker (Bkr) — Abbreviation,
- A person or firm who acts on behalf of another.
- Broker's Price Opinion (BPO) — Acronym,
- A real estate valuation performed by a local, licensed real estate professional. It is used in situations where a formal appraisal is not required.
- Broom Clean — Definition,
- Ready to be cleaned and painted. The term does not mean immaculate or spotless or entirely clean.
- Buffer Strip — Definition,
- This refers to a parcel or stretch of land that separates two pieces of property.
- Builder Upgrades — Definition,
- Refined features or materials that a builder offers for an extra charge.
- Builder's Renovation (bldrs redo) — Abbreviation,
- Building (bldg) — Abbreviation,
- Building and Loan Association — Definition,
- A financial institution designed to help members finance real-estate transactions.
- Building Inspector — Definition,
- A local government employee who enforces the building code and makes sure construction and renovation work is done properly.
- Building Moratorium — Definition,
- A temporary or permanent halt on construction.
4.
Blighted Area -
Builder's Renovation
Builder's Renovation
26.
