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Real Estate Glossary - OhmyProperty
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Real Estate Glossary
Understand the language of real estate with our comprehensive glossary of property terms.
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C
Caveat
A warning to potential dealers in a property that the person who lodged the caveat has some right or interest in the land.
Legal
Certificate of Title
A legal document issued by the Registrar of Titles to detail the ownership of land.
Legal
Commission
A fee paid to a real estate agent, usually by the person selling the property. Often a percentage of the selling price.
Sales
Contract of Sale
A contract signed by both the seller and the buyer. When signed it becomes legally binding.
Legal
Conveyancing
The legal transfer of property ownership from one person to another.
Legal
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