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Real estate and property glossary

Plain-language definitions for rental operations, owner reporting, maintenance workflows, and property performance tracking your team can reuse.

Access Control

The system used to manage who may enter a space.

Accounts Payable

Money owed to vendors or suppliers.

Accounts Receivable

Money owed to the property by tenants or other parties.

Accrual Accounting

Recording revenue and expense when they are earned or incurred.

Amenity Highlight

The feature emphasized to improve listing appeal.

AML Check

The review used to detect suspicious money movement or counterparties.

Ancillary Revenue

Income from services or fees beyond base rent.

API Integration

A system connection that exchanges data programmatically.

Application Fee

A fee charged to process an applicant submission.

Appraised Value

The value opinion issued by a qualified appraiser.

Approval Rate

The share of applications that are approved.

Arrears

Unpaid balances that remain due from earlier periods.

Asking Rent

The rent currently quoted to prospects.

Asset Management

The owner-side discipline of improving performance and value.

Asset Plan

The roadmap for improving an asset over time.

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