Property Terms
This type of property is rented out to tourists for short stays, usually in popular vacation destinations.
Short term rental (vacation rental)
This city in the United States is famous for its skyscrapers, shopping, and Times Square.
NYC
This outdoor area is often used for relaxation or entertaining, and may have furniture, a grill, or plants.
Terrace, patio, balcony
Pronounce this number:
200,000
This billionaire businessman and owner of Amazon has made major investments in real estate, including owning a mansion in Washington state and an office building in New York.
Jeff Bezos
A portion of the property's purchase price that a buyer must pay upfront, usually expressed as a percentage
Down Payment
Known for its canals and gondolas, this Italian city is a popular destination for romantic boat rides.
Venice
This room is typically the main area for socializing and relaxing in a home.
Living room
Pronounce this number:
350,000
This former royal palace, now a world-renowned museum, houses the Mona Lisa and the Venus de Milo.
Louvre Museum
A legal contract between a landlord and tenant that outlines the terms under which the tenant rents the property
Lease
This landmark, located in India, is one of the most famous tourist attractions in the world and is known for its beautiful white marble design.
Taj Mahal
Name the appliance that is typically used to cook meals on top.
Stove or cooktop
Pronounce this number:
9,720,000
This famous French actor, known for his roles in The Intouchables and Lupin, owns multiple properties in Paris and the French countryside.
Omar Sy
This term refers to the process by which an entity (usually the bank) takes legal ownership of a property due to non-payment of debt or taxes.
Foreclosure (saisie d'une hypothèque)
Known for its rich history, beautiful beaches, and ancient ruins like Machu Picchu, this country is a top destination for cultural and adventure tourism.
Peru
This area is often found at the lowest level of a property and is usually used for storage.
Basement
Pronounce this number:
43,300,600
This American real estate mogul, known for his luxury hotels and office buildings, also made his fortune through branding and reality TV.
Donald Trump
An increase in the value of a property over time. This happens because of a variety of factors
Appreciation
This Asian city is famous for its skyline, luxury shopping, and the iconic Marina Bay Sands hotel.
Singapore
This style of interior design is all about "less is more", highlighting uncomplicated forms, clean lines, and simple finishes.
Minimalist
Pronounce this number:
78,450,960
This French billionaire heir to the L'Oréal fortune is involved in real estate development and owns several luxury properties in Paris and Switzerland.
Françoise Bettencourt Meyers