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Compilation of Real estate vocabulary in English

Real estate is a highly specialized topic that doesn't come up in everyday conversations. However, when it becomes necessary to discuss this subject, speakers may feel confused because they don't know the specific terms to understand and convey meaning. In today's article, PREP will introduce you to Real estate vocabulary. Let's dive in!

50+ most common Real estate vocabulary in English
50+ most common Real estate vocabulary in English

I. Common Real estate vocabulary

Let's start with the Real estate vocabulary section compiled by PREP below!

1. Real Estate classification

Real Estate classification
Real Estate classification

Real Estate classification

Vocabulary

Residential Real Estate 

Single-family home

/ˈsɪŋɡəlˈfæm.əli hoʊm/

Multi-family home

/ˈmʌltiˈfæm.əli hoʊm/

Condominium (Condo)

/ˌkɒn.dəˈmɪn.i.əm/

Commercial Real Estate 

Office buildings

/ˈɒfɪs ˈbɪl.dɪŋz/

Retail properties

/ˈriːteɪl ˈprɒp.ər.tiz/

Industrial properties

/ɪnˈdʌs.tri.əl ˈprɒp.ər.tiz/

Special Purpose Real Estate 

Hospitality

/ˌhɒs.pɪˈtæl.ɪ.ti/

Healthcare

/ˈhelθˌker/

Education

/ˌɛdʒ.ʊˈkeɪ.ʃən/

2. Basic Terminology of Real estate in English

Basic Terminology of Real estate in English
Basic Terminology of Real estate in English

No.

Basic Terminology of Real estate in English

1

Real estate

/rɪəl ɪsˈteɪt/

(n)

2

Investor

/ɪnˈvɛstə/

(n)

3

Constructor

/kənˈstrʌktə/

(n)

4

Real estate developer

/rɪəl ɪsˈteɪt dɪˈvɛləpə/

(n)

5

Construction supervisor

/kənˈstrʌkʃən ˈsjuːpəvaɪzə/

(n)

6

Architect

/ˈɑːkɪtɛkt/

(n)

7

Real estate agent

/rɪəl ɪsˈteɪt ˈeɪʤənt/

(n)

8

Real estate broker

/rɪəl ɪsˈteɪt ˈbrəʊkə/

(n)

9

Project

/ˈprɒʤɛkt/

(n)

10

Investment construction project

/ɪnˈvɛstmənt kənˈstrʌkʃən ˈprɒʤɛkt/

(n)

II. Legal Contract Vocabulary

Let's explore the vocabulary related to legal contracts in the real estate industry in English with PREP!

Legal Contract Vocabulary
Legal Contract Vocabulary

No.

Legal Contract Vocabulary

1

Legal documents

/ˈliːgəl ˈdɒkjʊmənts/

(n)

2

Loan /ləʊn/ (n) 

= mortgage /ˈmɔːgɪʤ/ (n)

3

Principal

/ˈprɪnsəpəl/

(n)

4

Interest

/ˈɪntrɪst/

(n)

5

Contract

/ˈkɒntrækt/

(n)

6

Agreement contract

/əˈgriːmənt ˈkɒntrækt/

(n)

7

Deposit

/dɪˈpɒzɪt/

(n)

8

Breach

/briːʧ/

(n)

9

Appraisal

/əˈpreɪzəl/

(n)

10

Building permit

/ˈbɪldɪŋ ˈpɜːmɪt/

(n)

III. Project and Construction Vocabulary

Let's compile the vocabulary related to projects and construction in the real estate industry in English with PREP!

Project and Construction Vocabulary
Project and Construction Vocabulary

No.

Project and Construction Vocabulary

1

Project area

/ˈprɒʤɛkt ˈeərɪə/

(n)

2

Site area

/saɪt ˈeərɪə/

(n)

3

Gross floor area

/grəʊs flɔːr ˈeərɪə/

(n)

4

Planning area

/ˈplænɪŋ ˈeərɪə/

(n)

5

Floor layout

/flɔː ˈleɪaʊt/

(n)

6

Apartment layout

/əˈpɑːtmənt ˈleɪaʊt/

(n)

7

Sample apartment

/ˈsɑːmpl əˈpɑːtmənt/

(n)

8

Project management

/ˈprɒʤɛkt ˈmænɪʤmənt/

(n)

9

Amenities /əˈmiːnɪtiz/(n) 

= utilities /juːˈtɪlɪtiz/ (n)

10

Master plan /ˈmɑːstə plæn/ (n)

IV. Apartment Vocabulary

Let's pocket the vocabulary related to apartments in the real estate industry in English with PREP!

Apartment Vocabulary
Apartment Vocabulary

No.

Apartment Vocabulary

Meaning

1

Flat /flæt/ (n) 

= apartment /əˈpɑːtmənt/ (n)

a set of rooms for living in that are part of a larger building and are usually all on one floor

2

Tenant

/ˈtɛnənt/

(n)

a person who pays rent for the use of land or a building

3

Occupant /ˈɒkjʊpənt/ (n) 

= homeowner /ˈhoʊmˌoʊ.nɚ/ (n)

a person who lives or works in a room or building

4

Rent

/rɛnt/

(n)

a fixed amount of money that you pay regularly for the use of a room, house, car, television, etc. that someone else owns

5

Lease

/liːs/

(n)

a legal agreement in which you pay money in order to use a building, piece of land, vehicle, etc. for a period

6

Sublease /ˌsʌbˈliːs/ (n) 

= sublet /ˌsʌbˈlɛt/ (n)

an arrangement by which you allow someone to rent all or part of a building that you are renting from someone else

7

Evict

/ɪˈvɪkt/

(v)

to force someone to leave somewhere

8

Vacancy

/ˈveɪkənsi/

(n)

a space or place that is available to be used

9

Landlord /landlady

/ˈlænlɔːd / ˈlændˌleɪdi/

(n)

a person or organization that owns a building or an area of land and is paid by other people for the use of it

10

Coastal

/ˈkəʊstəl/

(adj)

positioned on, or relating to the coast

V. Sample dialogues about Real estate vocabulary in English

Let's learn some sample dialogues about Real estate vocabulary in English with PREP!

No.

Sample dialogues about Real estate vocabulary in English

1

A: Could you provide more details about the property's specifications?

B: Sure, what specific details are you looking for regarding the property's specifications?

2

A: What is the asking price for this property?

B: The asking price for this property is .

3

A: I'm interested in learning more about this listing. Can you tell me about its history?

B: Of course, what aspects of the listing's history would you like more information about?

4

A: We are considering making an offer. Are the sellers open to negotiation?

B: Yes, the sellers are open to negotiation. What offer are you considering?

5

A: Can you explain the terms and conditions associated with this property?

B: Certainly, I can explain the terms and conditions associated with this property. Anything specific you'd like to know?

PREP hopes that through this article about Real estate vocabulary in English, you have accumulated a lot of useful vocabulary. Let’s follow PREP for more great English vocabulary!

Master Tu Pham
Master Tu Pham
Founder/CEO at Prep
Founder of Prep Smart Test Preparation Platform. With over 10 years of experience in teaching and test preparation, Mr. Tú has helped thousands of students achieve high scores in the IELTS exam. In addition, Mr. Tú Phạm is also a consulting expert in British Council programs and a speaker at many leading educational events, programs, and conferences.
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