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Tag: Terminology

Posted on 05/30/2021
What Are the 5 Types of Residential Property?
Image by F. Muhammad from Pixabay If you’re looking for a new home you are probably searching for a specific category. While residential properties come in many different types, sometimes it’s difficult to differentiate them. Once you learn more about the terminology, you might find that you can broaden or narrow your home search. This can yield better...
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Posted on 09/01/2019
Confusion Around the Word “Abatement” in Real Estate
Each industry comes with a vocabulary of its own, and in real estate, some of that vocabulary is downright confusing. So, if you find yourself stumped by lingo, jargon, or acronyms, you’re not alone. One of the most confusing words in the real estate industry is “abatement.” In legal terms, to abate means to remove, lessen, or diminish...
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