Preliminary real estate transactions - vocabulary
Guess the word from its definition.
an agent who negotiates contracts of purchase and sale
broker
Guess the word from its definition.
an undeveloped land that can be used for commercial or residential development
greenfield site
What words are missing in the gaps?
a) ................... penalty - obligation to pay a certain amount of money in case of a breach of the sale contract
b) ................... price - the amount of money someone wants when they sell something
a) contractual penalty
b) asking price
What is soil permeability?
the ability of soil to allow water (or air) to pass through it
What is the difference between land and building register and land and mortgage register?
land and building register - a technical record that describes the physical features of a property, such as its size, boundaries and use
land and mortgage register - a legal record that defines the property's legal status, including ownership, mortgages and other encumbrances
Give a synonym for the following words.
a) accommodate
b) prior
c) thorough
For example:
a) adjust, conform, lodge
b) earlier, preceding, previous
c) accurate, complete, comprehensive
Translate the following words and phrases into English.
a) nakaz spełnienia określonych zobowiązań umownych
b) należyta staranność
c) umowny środek prawny / zaradczy
d) wierzyciel, udzielający kredytu
a) specific performance
b) due diligence
c) contractual remedy
d) lender
Translate the following words and phrases into English.
a) nieprzekraczalna linia zabudowy
b) podatny na zalanie
c) pochyłość, zbocze
d) sieć wodociągowa
a) (building) setback
b) prone to flooding
c) incline
d) water supply network / system