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Real Estate Abbreviations

Real estate is a vast and in many cases a very technical kind business abundant with all kinds of technical terminology and abbreviations. Real estate abbreviations are encountered daily both by agents and buyers looking for new property. If you have ever taken a look at a typical real estate advertisement, you must have noticed how hard it is sometimes to decipher all those abbreviated properties of a house or land lot. Real estate abbreviations are also often used in housing contracts, sale contracts, housing rules and other documents. Without knowing the most popular real estate abbreviations, you run a high risk of misinterpreting properties of estate and sometimes terms and conditions of sale. If you are interested in real estate, you should definitely acquaint yourself with the most popular real estate abbreviations. We have carefully examined the field of real estate and collected the list of the most commonly used abbreviations in the business. Going through this list will make you a more knowledgeable buyer and will help you avoid misunderstandings in the future. This list can also be of use for real estate agents who have encountered a new abbreviation and do not know its meaning.