Home > Blossary: Canadian Real Estate
Common Canadian real estate terms providing a basic understanding of the terminology used in residential real estate transactions in Canada.

Category: Business

27 Terms

Created by: mbourgaize

Number of Blossarys: 6

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Valeur d'une propriété définie par la British Columbia Assessment Authority aux fins du calcul des impôts fonciers. Source : Chambre immobilière de l'île de Vancouver.

Domain: Real estate; Category: Residential

Mortgage payments which are fixed, but the interest changes according to fluctuating market rates. If mortgage rates go up, a larger portion of the payment is applied to interest. If rates go down, a ...

Domain: Real estate; Category: Residential

Detailed examination of ownership documents to ensure there are no liens or other encumbrances on the property, and no questions regarding the seller's ownership claim. Source: Vancouver Island Real ...

Domain: Real estate; Category: Residential

Statement of a condition to be fulfilled, either by the seller or the buyer, before the contract of purchase and sale will become firm and binding on both parties, which must include a specific ...

Domain: Real estate; Category: Residential

Closing statements in real estate transactions which set out the sources of funds which make up the purchase price, adjustments to and from the purchase price, the final amount required from the ...

Domain: Real estate; Category: Residential

Path or route that may lawfully be used indicated on title at the Land Title Office, often for use of utilities, city or municipality on order to make repairs to pipes. No permanent structure may be ...

Domain: Real estate; Category: Residential

Real estate professionals who are members of the Vancouver Island Real Estate Board, the British Columbia Real Estate Association and the Canadian Real Estate Association. Only these professionals ...

Domain: Real estate; Category: Residential

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