The ABC’s of HOUSING VOCABULARY
Mar 29, 2015
The ABC’s of HOUSINGVOCABULARY
Apartment Guide
BOOKS TO LOOK IN FOR AN APARTMENT
APPRECIATE
TO GO UP IN VALUE
BUY
TO PURCHASE
CABLE READY
WIRED FOR CABLE TV
CAREFULLY
READ THE LEASE
CONDOMINIUM
IT MAY LOOK LIKE
AN APARTMENT,
BUT YOU BUY IT
CREDIT CHECK
A CHECK ON YOU TO SEE IF YOU PAY YOUR BILLS ON TIME
DUPLEX
TWO APARTMENTS/CONDOS ATTACTED TO EACH OTHER
EFFICIENCY/STUDIO
ONE ROOM APARTMENT
EVICT
TO LEGALLY FORCE YOU TO LEAVE
FLOOR PLAN
ARRANGEMENT OF ROOMS
HIGH RISE
A BUILDING MANY STORIES TALL
INSPECT
TO LOOK OVER VERY CAREFULLY BEFORE YOU RENT OR BUY
INTERNET
YOU CAN USE THE COMPUTER TO FIND A HOUSE OR APARTMENT
LANDLORD
OWNER OF THE BUILDING
LATE FEE
CHARGED IF RENT IS LATE
LENGTH OF LEASE
HOW LONG YOU CAN STAY IN THE APARTMENT
LEASE
LEGALLY BINDING DOCUMENT FOR AN APARTMENT
STATES RENT, LENGTH OF TIME & CONDITIONS
LOCATION
LOCATION, LOCATION, LOCATION
3 MOST IMPORTANT RULES WHEN BUYING A HOUSE
MAINTENANCE
UPKEEP ON PROPERTY CUTTING GRASS, SHOVELING SNOW
MANAGER
TAKES CARE OF BUILDING
MORTGAGE
A LARGE AMOUNT OF MONEY YOU BORROW TO BUY A HOUSE
YOU REPAY IT EACH MONTH, OFTEN FOR 30 YEARS
PETS
USUALLY NOT ALLOWED IN APARTMENTS
PREMISES
LAND OR BUILDING
REAL ESTATE SECTION
SECTION OF THE NEWSPAPER TO LOOK FOR APARTMENTS OR HOUSES
REMODEL
CAN CHANGE THINGS IN A HOUSE TO SUIT YOURSELF
RENT
MONEY YOU PAY TO LIVE SOMEWHERE
RENTER’S INSURANCE
INSURANCE FOR THINGS IN YOUR APARTMENT
JEWELERY, COMPUTER…
SECURITY DEPOSIT
MONEY HELD IN CASE YOU DAMAGE THE APARTMENT
RETURNED IF NO DAMAGE
SUBLET
TO RENT YOUR APARTMENT TO SOMEONE ELSE FOR THE REST OF YOUR LEASE
USUALLY NOT ALLOWED
TENANT
RENTER
TOWNHOUSE
APARTMENTS OR HOUSES CONNECTED TO EACH OTHER
UTILITIES
WATER, GAS,
ELECTRICITY
USUALLY NOT
INCLUDED IN RENT
WAIVER
SIGN AWAY YOUR RIGHTS