Terms with Tag Realty
- Percolation Test Date (PTD) — Acronym, ➥ In relation to a Soil Percolation Test.
- Planned Area Development (PAD) — Acronym,
- A zoning process governing the development of relatively large areas to provide for various types and combinations of land uses (single- and multi-family residential, commercial, industrial, recreational areas, open spaces, buffer zones, etc.)
- Planned Unit Development (PUD) — Acronym,
- A planned unit development (PUD) is a combination of different yet compatible land uses within a single neighborhood, development, or subdivision.
- Plat — Definition,
- A map that shows a parcel of land and how it is subdivided into individual lots. Plat maps also show the locations of streets and easements.
- Possession — Definition,
- Something that is owned.
- The condition of having signed all the papers at closing and having received keys to the house.
- Potential Gross Income Multiplier (PGIM) — Acronym,
- Pre-paid Expenses — Definition,
- also called prepaid items or prepaids -- Recurring costs such as taxes, insurance and interest that are paid at closing and which cannot be financed.
- Pre-sold Home — Definition,
- A house that is sold prior to construction as opposed to a house built on spec.
- Present Market Value (PMV) — Acronym,
- Price Related Differential (PRD) — Acronym, United States, ➥ A US real estate term.
- Prince Edward Island Real Estate Association (PEIRA) — Company Est. 1964, Prince Edward Island, Canada, ➥ Formerly the PEI Real Estate Brokers Association.
- Principal, Interest, Taxes, and Insurance (PITI) — Acronym,
- Acronym for the elements of a mortgage payment: principal, interest, taxes and insurance.
- Principle of Conformity — Definition,
- The notion that a house will fetch a fair price if it is situated among houses of similar size, style and condition.
- Principle of Progression — Definition,
- The notion that a smaller house's value will be enhanced if it is near larger, fancier houses.
- Principle of Regression — Definition,
- The notion that the value of a larger or fancier house will be reduced if it is near smaller, lower-priced houses.
- Private Equity Real Estate (PERE) — Acronym, ➥ Funds consisting of equity and debt investment in property.
- Private Home Sales Associates (PHSA) — Company, Canada,
- Probate Sale — Definition,
- Sale of property after the death of the owner, supervised by a court, with proceeds divided among creditors and heirs.
- Production Home — Definition,
- Homes that are mass produced as part of housing developments.
- Professional Real Estate Agent (PREA) — Acronym,
- Programmatic Environmental Impact Statement (PEIS) — Acronym,
- Property Owners Association (POA) — Acronym,
- Property Report — Definition,
- A legal document prepared by a surveyor that shows the locations of all visible public and private improvements relative to property boundaries.
- A legal disclosure that developers of timeshare properties are required to give to prospective buyers.
- Property Tax — Definition,
- A levy by a city on real estate and personal property whose amount varies depending on the property's value.
- Property Tax Credit (PTC) — Acronym, Canada,
- Refundable tax benefit claimed on the personal income tax return designed to provide assistance for Canadians with low to moderate incomes.
- Property Value — Definition,
- The worth of a piece of real estate, based on the price a buyer and seller would negotiate.
- Proprietor — Definition,
- The owner of a business or property.
- Province of Domicile — Definition,
- The province where an individual lives or intends to live permanently or for a long term, regardless of the individual's current location.
- Prudential Real Estate Investors (PREI) — Company Est. 1970, ➥ The real estate investment management business of Prudential Financial.
- Public Record (PR) — Acronym,
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Percolation Test Date -
Property Value
Property Value
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