‘Real’ Words: How Well Do You Know the Real Estate Language?

How Well Do You Know the Real Estate Lingo?

I was reading somewhere that the Merriam-Webster’s dictionary is adding about 100 new words to the 2009 dictionary. Some of these words include: frenemy, waterboarding, staycation, and carbon footprint among other words. This got me to thinking, what are the real estate words every real estate investor should know or at least be aware of.

From time to time I will post a new ‘Real Word’ on this blog. It’s a great way to refresh our memories and for those of you new to the business, it’s a great way to learn new real estate words. Make your own comments on this word and any other words you think should be in our Real Estate Dictionary.

Bona Vacantia

That word means a property that belongs to no person, and which may be claimed by a finder. In some states, the government becomes owner of all bona vacantia property.

Don’t forget… Make your own comments on this word and any other words you think should be in our Real Estate Dictionary.
Originally published in Blog on 6/10/2009

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