Real Estate Terminology Defined
There are many abbreviations used in real estate listings, as well as a lot of terminology that is used only in South Africa. Here is a guideline of real estate terminology used to rent, purchase or sell a property, as well as some financial and architectural terminology as it pertains to real estate.
The following terms are not legal and complete definitions and are meant to provide general guidelines only. You should consult a South African licensed real estate agency before purchasing property.