English Vocabulary

Housing Terms

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Condominium - Condo - someone owns the housing unit

Co-op - each person owns shares of the building, the building is owned collectively

Townhouse - the owner owns the housing unit and the land the housing unit is built on

Apartment Complex - a group housing units that is owned for the purpose of renting them out

Sublet - when the person renting the apartment rents the apartment to someone else

To Deposit - to put money a specific bank account

A Deposit - give money a head of time to hold an apartment or in case of damage

Application - forms to fill our with various personal information

Parking Lot/Parking Space - a place to park your car -

Landlord - the owner of the apartment

Facilities - the services that are offend on the premieres such as tennis court, swimming pool, laundry facilities etc.

Vacancy - an available apartment for rent

Lease - a legal contract that is between the renter & the owner

Security Deposit - a legal contract that is between the renter & the owner

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