Real Estate Flashcards

1
Q

A person who rents out property to others.

A

Landlord

The landlord raised the rent, which caused some tension among the tenants.

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2
Q

A person who rents or occupies a property.

A

Tenant

As a tenant, you should respect the property and its rules.

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3
Q

A legal contract that allows someone to use property for a specified period.

A

Lease

We signed a one-year lease for the apartment.

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4
Q

A loan used to buy property, typically repaid over several years

A

Mortgage

Paying off a mortgage can take many years.

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5
Q

Money used to purchase property with the expectation of making a profit.

A

Investment

Example: Real estate can be a lucrative investment.

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6
Q

Having plenty of space.

A

Spacious

The spacious kitchen is perfect for cooking and entertaining.

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7
Q

Warm and comfortable.

A

Cosy/Cozy

Their cozy cottage is nestled in the woods.

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8
Q

Within one’s budget; reasonably priced.

A

Affordable

Finding an affordable home in this city can be challenging.

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9
Q

Extremely comfortable and elegant.

A

Luxurious

The penthouse suite offers a luxurious living experience.

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10
Q

Relating to the countryside or a rural area.

A

Rural

The rural landscape is breathtaking.

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11
Q

In a state of disrepair or ruin.

A

Dilapidated

Example: The old, dilapidated house needs extensive renovation.

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12
Q

To repair or improve a property.

A

Renovate

Renovating an old building can be a costly endeavor.

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13
Q

To put money into property or other ventures with the expectation of making a profit.

A

Invest

Investing wisely is key to building wealth.

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14
Q

To discuss terms and conditions, typically in a real estate transaction.

A

Negotiate

Skilled negotiators can secure better deals.

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15
Q

To move to a different location.

A

Relocate

They decided to relocate for better job opportunities.

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16
Q

To take possession of a property when the owner fails to make mortgage payments.

A

Foreclose

The bank had to foreclose on the property due to non-payment.

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17
Q

To start living in a new home.

A

Move in

Example: They plan to move in next week.

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18
Q

To withdraw from a commitment or agreement.

A

Back out (of a deal)

The buyer backed out of the deal at the last minute.

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19
Q

To improve the condition of a property.

A

Fix up:

They decided to fix up the old farmhouse.

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20
Q

To inspect or examine a property.

A

Check out:

Let’s check out the neighborhood before making a decision.

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21
Q

To get a good bargain.

A

Score a deal: Colloquial phrase

They scored a great deal on that house.

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22
Q

The process of searching for a new home.

A

House-hunting:

We’re going house-hunting this weekend.

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23
Q

The genuine or authentic thing.

A

The real McCoy:

This historic cottage is the real McCoy.

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24
Q

Having a place to live.

A

A roof over one’s head

All they wanted was a roof over their heads.

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25
Q

The overall condition and trends in buying and selling real estate.

A

Property market

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26
Q

The estimated worth of a property.

A

Property values

Property values have been steadily increasing in this area.

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27
Q

“I am interested in acquiring a residential property in this neighborhood.”

A

Acquiring - to purchase

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28
Q

Features or facilities that enhance the appeal of a property, such as a swimming pool or gym.

A

Amenities

The apartment complex offers various amenities for residents.

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29
Q

A building divided into two separate, self-contained units.

A

Duplex

They purchased a duplex with the intention of renting out one unit

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30
Q

An initial payment made when purchasing property, typically a percentage of the total price.

A

Down payment

They had to save up for a substantial down payment on their house.

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31
Q

The process of dividing land into different use zones, such as residential, commercial, or industrial.

A

Zoning

Zoning regulations restrict certain types of businesses in residential areas.

32
Q

Hidden or private; away from the hustle and bustle.

A

Secluded

The secluded cabin in the woods was perfect for a weekend getaway.

33
Q

Extremely impressive or stunning.

A

Breathtaking

The view from their penthouse was absolutely breathtaking.

34
Q

Referring to the best or most desirable location.

A

Prime

This property is in a prime location, close to schools and shopping.

35
Q

Having a variety of different characteristics or features.

A

Diverse

The neighborhood is known for its diverse community.

36
Q

To move to a smaller or less expensive property.

A

Downsize

After the kids left for college, they decided to downsize their home.

37
Q

To assess the value of a property, often done by a professional appraiser.

A

Appraise

38
Q

To fail to meet financial obligations, often related to mortgage payments.

A

Default

If you default on your mortgage, the bank can foreclose on your property.

39
Q

Only; exclusively.

A

Solely

The decision to sell the property was solely hers.

40
Q

: To profit from a situation or opportunity.

A

Cash in on

41
Q

To establish a permanent home in a particular place.

A

Put down roots:

42
Q

An event where a property is made available for prospective buyers to view.

A

Open house:

43
Q

The administration and maintenance of rental properties.

A

Property management:

44
Q

The solid base upon which a house is built.

A

Foundation

The foundation of the house had to be reinforced due to settling.

45
Q

The shape and design of the roof of a building.

A

Roofline

46
Q

The overhanging edges of a roof that provide shade and protection.

A

Eaves

47
Q

A channel attached to the roof to collect and direct rainwater.

A

Gutter

48
Q

A vertical structure used for venting smoke and gases from a fireplace.

A

Chimney

49
Q

The craft of building with bricks, stones, or concrete.

A

Masonry

The masonry work on the exterior walls was beautifully done.

50
Q

The front-facing exterior of a building.

A

Facade

51
Q

The outer covering or cladding of a house.

A

Siding

52
Q

Large, horizontal supporting structures typically made of wood or steel.

A

Beams

53
Q

The entrance hall or lobby of a house.

A

Foyer

54
Q

A window in the roof that allows natural light to enter a room.

A

Skylight

55
Q

A large window that projects outward from the main wall of a building.

A

Bay window:

56
Q

Specific design elements that contribute to a building’s style.

A

Architectural detail:

57
Q

Decorative trim installed where the walls and ceiling meet.

A

Crown molding

The crown molding in the master bedroom added a touch of elegance.

58
Q

Wooden flooring made of hardwood materials.

A

Hardwood floors

59
Q

Colored glass used in windows, often featuring intricate designs.

A

Stained glass:

60
Q

Decorative paper applied to walls for patterns and texture.

A

Wallpaper

61
Q

Ceramic or porcelain tiles used for flooring, backsplashes, and bathrooms.

A

Tiles

62
Q

Soft floor coverings made of woven or tufted fabric.

A

Carpets

63
Q

A cost-effective alternative to hardwood for flooring and countertops.

A

Laminate

64
Q

A durable and luxurious stone used for countertops and surfaces.

A

Granite

65
Q

Prized for its elegance and used for countertops and decorative accents.

A

Marble

66
Q

Modern and sleek material used for appliances and fixtures.

A

Stainless Steel

67
Q

Used for decorative wall finishes and moldings.

A

Plaster

68
Q

Used for pottery, tiles, and decorative accessories.

A

Ceramic

69
Q

Used for railings, gates, and decorative elements.

A

Wrought Iron

70
Q

Resilient and waterproof material used for flooring and wall coverings.

A

Vinyl

71
Q

Used for backsplashes and decorative accents.

A

Glass Tiles

72
Q

A stand or wall-mounted rack for storing and displaying hats.

A

Hat Rack:

73
Q

A decorative ceiling-mounted light fixture with multiple arms and crystals.

A

Chandelier

74
Q

Umbrella Stand

A

A container for storing umbrellas near the entrance.

75
Q
A