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Real Estate – Legal Contracts Vocabulary Set in Real Estate: Full and Detailed List

The 'Real Estate – Legal Contracts' vocabulary set in 'Real Estate' is carefully selected from standard international textbook sources, helping you master vocabulary in a short time. Comprehensive compilation of definitions, illustrative examples, and standard pronunciation...

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contract

/ˈkɑːn.trækt/

Example:

They signed a contract for the new house.

application

/ˌæp.ləˈkeɪ.ʃən/

Example:

I submitted my application for the new job.

appraisal

/əˈpreɪ.zəl/

Example:

The company conducts annual performance appraisals for all employees.

asset

/ˈæs.et/

Example:

Her experience is a great asset to the team.

deposit

/dɪˈpɑː.zɪt/

Example:

I made a large deposit into my savings account.

assignment

/əˈsaɪn.mənt/

Example:

The teacher gave us a difficult math assignment.

montage

/ˈmɑːn.tɑːʒ/

Example:

The film opened with a powerful montage of historical events.

negotiate

/nəˈɡoʊ.ʃi.eɪt/

Example:

The two sides agreed to negotiate a peace treaty.

beneficiary

/ˌben.əˈfɪʃ.i.er.i/

Example:

She was the sole beneficiary of her uncle's will.

liquid assets

/ˈlɪk.wɪd ˈæs.ets/

Example:

The company has strong liquid assets to cover its short-term liabilities.

liquidated damages

/ˈlɪk.wɪ.deɪ.tɪd ˈdæm.ɪ.dʒɪz/

Example:

The contract included a clause for liquidated damages in case of late delivery.

legal

/ˈliː.ɡəl/

Example:

He sought legal advice from a lawyer.

bankruptcy

/ˈbæŋ.krəpt.si/

Example:

The company filed for bankruptcy after years of financial struggles.

capital gain

/ˈkæp.ɪ.təl ˌɡeɪn/

Example:

He made a significant capital gain from selling his shares.

bid

/bɪd/

Example:

She made a winning bid for the antique vase.

co-operation

/koʊˌɑp.əˈreɪ.ʃən/

Example:

International co-operation is essential for global peace.

building permit

/ˈbɪl.dɪŋ ˌpɝː.mɪt/

Example:

You need a building permit before you can start construction.
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