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amortization
The paying off of debt in regular instalments over a period of time. You will each receive one month's salary and a reasonable amortization of your pension contributions. |
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attic
A story or room directly below the roof of a building, especially a house. Everyone dreams of finding a masterpiece in the attic. |
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basement
The lowest habitable story of a building, usually below ground level. Leonard also had a little room in the basement in which a piano was kept |
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boundary
A theoretical line that marks the limit of an area of land. The river here is the boundary between the Palatinate and Baden-Württemberg. |
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| Vertragskündigungsklausel |
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Definition
break clause
A clause that allows a tenant to end a lease at specific times during the period of the lease. |
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Definition
capital gain
An increase in the value of an asset such as stocks, bonds, mutual funds and real estate between the time the asset was purchased and the time the asset was sold. |
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capital value
Through the following century this business increased its capital value from £15,000 in 1804 to £15,000,000 in 1902. |
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caretaker
(US superintendent) A custodian who is hired to take care of something (property or a person). |
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commercial lease
When you enter into the lease transaction for business or commercial purposes, the agreement is known as a commercial lease. |
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commercial property
A classification of real estate which includes income producing property such as office buildings, gasoline stations, restaurants, shopping centers, hotels and motels, parking lots and stores, and other similar uses. |
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commission
A fee for services rendered based on a percentage of an amount received or collected or agreed to be paid. |
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debt
Money or goods or services owed by one person to another. Canadian developer Robert Campeau ran into trouble meeting payments on his debt in Allied and Federated stores last month. |
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deposit
Money given as security for an article acquired for temporary use.His deposit was refunded when he returned the car. |
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Term
| (frei stehendes) Einfamilienhaus |
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Definition
detached house
(US single-family house)
A free-standing, single-family dwelling unit, that does not share a common wall with any other structure. |
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Definition
down payment
Initial money put down as a deposit on a property. It had taken their combined savings to make the down payment on a house |
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equity capital
Own sources of financing. A high proportion of equity capital is a safeguard for creditors. |
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Definition
estate agent
(US real-estate agent) A person whose business is the sale or lease of buildings or land on behalf of others. |
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Term
| Einbauten und Ausstattung |
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Definition
fixtures and fittings
Items usually provided in a letting - curtains, carpets, blinds, light fittings, kitchen units, appliances, (in the case of some lettings there will beds, chairs, tables and other items of fixtures and fittings provided). |
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Definition
flat (US apartment)
Apartment: a suite of rooms usually on one floor of an apartment house. |
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Definition
floor area
The total space covered by all floors in a building. The traditional greenhouse shape is a rectangular floor area, near-upright sides and a pitched roof. |
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foundation
The supporting portion of a structure below the first floor construction, or below grade, including the footings. |
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Definition
ground floor
The floor of a building that is at or nearest to the level of the ground around the building. |
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Definition
landlord, ~lady ~
A landlord is the owner of a house, apartment, condominium, or land which is rented or leased to an individual or business, who is called the tenant. |
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Definition
lease
A contract granting use or occupation of property during a specified time for a specified payment. |
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Definition
let (US rent out)
Grant use or occupation of under a term of contract. I am leasing my country estate to some foreigners. |
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Definition
lot
A parcel of land having fixed boundaries. He bought a lot on the lake |
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Definition
mortgage
Debt instrument by which the borrower (mortgagor) gives the lender (mortgagee) a lien on property as security for the repayment of a loan. |
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mortgage rate
The rate of interest the lender charges reflecting on the general rate the Bank of England sets and can change up or down. |
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Definition
owner-occupier
An owner-occupier is a person who lives in a house that he or she owns. In addition to the tax advantages gained from MITR, the owner-occupier gains from the tax system in two additional ways. |
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property
Real estate, cash, securities or any other type of possession. Two years later he bought the property "out of love". |
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purchase price
This is the amount that the buyer is offering to pay for the property. Arrange a Swiss mortgage to finance up to 60 per cent of the purchase price of the property |
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Definition
real property
(US real estate)
Land, buildings, and whatever is attached or affixed to the land. Generally synonymous with the words "real estate." |
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refurbish
Refurbishment is the process of major maintenance and minor repair of an item, both aesthetically and mechanically. |
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Definition
renovate
To restore to a structure to a former state by cleaning, repairing or rebuilding. And there are always builders looking for cheap properties to renovate. |
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Definition
rent
A regular payment by a tenant to a landlord for use of some property. We rented our apartment to friends while we were abroad |
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sales contract
A contract signed by the buyer and seller that details the terms of a home purchase.The attorney they instructed to draw up a sales contract was William Repton of Aylsham |
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Definition
semi-detached house (US duplex)
A house which is attached to other buildings on one or more sides, and therefore cannot be considered "independent" or "detached". |
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Definition
solicitor (US attorney)
In the United Kingdom and countries having a similar legal system the legal profession is divided into two kinds of lawyers: the solicitors who contact and advise clients, and barristers who argue cases in court (known as Advocates in Scotland). In cases where a trial is necessary a client has to hire a solicitor, who will advise him and then retain a barrister on his behalf. |
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take out a mortgage
If you are granted one of our mortgages for more than 80% of the purchase price or valuation, then you will also be required to take out a mortgage guarantee indemnity policy. |
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tenant
Someone who pays rent to use land or a building or a car that is owned by someone else; "the landlord can evict a tenant who doesn't pay the rent" |
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terraced house (US town house)
In architecture and city planning, a terrace, rowhouse, or townhouse (though the latter term can also refer to patio houses) is a style of housing in use since the late 17th century, where identical individual houses are cojoined into rows. |
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title deed
This legal document is registered at the Deeds Office as proof of ownership of property. |
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valuation
Assessment of the value of a property given in a written report by a registered valuer. Our mortgage offer is based on this valuation, and you should get it within ten days. |
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vendor (US seller)
The person who is selling a property. Anyone considering selling by auction needs to be aware that the costs involved will be higher.
Advertising costs and any expenses incurred in hiring premises are normally passed on by the estate agents to the vendor, whether or not the auction results in a sale. |
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This exercise is created by Dr. Andreas Büsing.
contact me |
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