Real estate and property glossary
Plain-language definitions for rental operations, owner reporting, maintenance workflows, and property performance tracking your team can reuse.
Repair Estimate
The expected cost of a repair before approval.
Request Volume
The number of incoming service requests during a period.
Reserve Fund
Money set aside for future repairs or obligations.
Resident Portal
The online space where residents submit requests and view records.
Resolution Time
The time it takes to close a request completely.
Response Time
The time between a request being logged and first response.
Retention Rate
The share of residents or customers who stay over time.
Revenue Leakage
Income lost through process gaps, write-offs, or billing misses.
Revenue Management
The discipline of adjusting pricing to demand and supply conditions.
Review Score
The rating given by a guest after the stay.
RevPAR
Revenue earned per available room or unit.
Roof Warranty
The warranty covering roof materials or installation.
Screening Criteria
The published standards used to approve or decline applicants.
Seasonality
Predictable demand shifts across different times of year.
Security Deposit
A refundable balance held against damage or unpaid rent.