This glossary of real estate terms provides definitions and explanations to help you better understand the Kitchener-Waterloo Real Estate market.
- Active Listings
- Adjustment Date
- Agreement of Purchase and Sale
- Amendment
- Amortization
- Appraisal
- Appreciation
- Architectural Style
- Assignment Sale
- Basement
- Broker
- Buyer Representation Agreement
- Central Air Conditioning
- Chattels
- Closing Costs
- Closing Date
- CMHC Insurance
- Common Elements
- Comparable sales
- Condition
- Condominium
- Days on Market (DOM)
- DDF® (Data Distribution Facility)
- Deposit
- Detached
- Down Payment
- Easement
- Equity
- Exclusive Listing
- Forced Air Heating
- Freehold
- Heat Pump
- Holdback
- Home Inspection
- HST on New Homes
- Interest Rate
- Irrevocable
- Kitchener-Waterloo
- Land Transfer Tax
- Legal Description
- Listing Agreement
- Listing Brokerage
- Listing Price
- LRT
- Maintenance Fees
- Market Analysis
- Market Insights
- MLS
- Mortgage
- Mortgage Stress Test
- Mortgage Term
- Multiple Representation
- Offer to buy
- OREA
- Possession Date
- Pre-Approval
- Pre-Construction
- Principal Residence Exemption
- Property Tax
- Property Type
- REALTOR
- REBBA (2002)
- RECO
- Refinancing
- Rent-to-Own
- Representation
- Representation Agreement
- Resale Home
- Sold listings
- Status Certificate
- Survey
- Tarion Warranty
- Teraview
- Title
- Title Insurance
- Row / Townhouse
- TRESA
- TRREB
- Utility Water
- Variable Rate Mortgage
- Waterloo Catholic District School Board
- Waterloo Region
- Waterloo Region District School Board
- Zoning
- Zoning Code