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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.

Fire Safety Inspection

The review used to confirm fire protection readiness.

First Response Resolution

Solving a request without multiple follow-up rounds.

Fixed-Term Lease

A lease with a set start and end date.

Forecast

An estimate of future performance based on known inputs.

Front Desk

The service point handling arrivals, requests, and site coordination.

General Ledger

The master record of posted financial transactions.

Grace Period

The extra time allowed before a payment is considered late.

Gross Rental Yield

Annual rent compared with asset value before expenses.

Guarantor

A person or entity promising to cover lease obligations.

Guest Messaging

The communication flow with guests before, during, and after stay.

Guest Screening

Reviewing a guest before accepting a reservation.

Handover Form

The signed record used during move-in or move-out transfer.

Holdover Tenancy

Staying in possession after the lease has expired.

House Manual

The guide explaining house rules and how to use the property.

House Rules

The rules residents or guests must follow on site.

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