Nearng Real Estate
Real estate which covers the surfers paradise, Nerang and surrounding areas. We give free house, home and unit appraisal and valuation. We have rental list and conduct free rental appraisals and valuations.
REAL ESTATE GLOSSARY
Provided by the Real Estate Institute of Australia
Glossary
L
LAND AGENT – A term commonly used for estate agents in some States.
LAND BROKER (S.A.) – A person having successfully completed the appropriate education course and obtained a licence from the Land Brokers Licensing Board can then transact business under the provisions of the Real Property Act. Such person after a contract has been signed prepares the necessary documents and adjustment sheets to effect settlement.
LANDLORD – The owner of leased property. The lessor.
LANDSCAPING – The work of the landscape architect, landscape gardener or landscaper; treatment of lawn and plantings to enhance the appearance of a lot.
LAND TAX – An annual tax paid to the state government, calculated according to the value of the property.
LAND USAGE – The use being made of land or the uses permitted under zoning ordinances. Zoning ordinances act to control land usage in a community by establishing building codes and set back requirements. Proper land usage attempts to assign the highest and best use to each parcel.
LEAN-TO – A small structure with a single pitched roof, usually erected against an outside wall of a larger structure.
LEAN TO ROOF – A sloping roof supported on one side by the wall of an adjacent building.
LEASE – Possession but not ownership of a property for a set period of time. The terms and conditions are set out in a document signed by both tenant and owner.
LESSEE – One who possess the right to use or occupy a property under a lease agreement.
LESSOR – Property owner who rents it out.
LIMITED TITLE – The Torrens Title that applies before a property has been surveyed.
LISTING – The recording of properties as being available for sale.
LONG-TERM LEASE – Generally considered to be a lease agreement extending for 10 years or more. Under such leases the tenant may desire, or be required, to do extensive remodelling: or if the property leased is land, to construct a building or other improvements.
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Alan Mcgillivray real estate covers the Surfers paradise real estate. We offer real estate service, real estate appraisal, rental real estate, real estate listing, real estate for sale, real estate appraiser, local real estate, real estate valuation, rentals, rental lists, valuation, appraisal, home valuation, house valuation, home appraisal, house appraisal, property for sale. Free rental appraisals and valuations.
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