Real estate and property glossary
Plain-language definitions for rental operations, owner reporting, maintenance workflows, and property performance tracking your team can reuse.
Household Profile
The composition and basic attributes of the incoming household.
Housekeeping
The service responsible for cleaning and presentation standards.
HVAC
The heating, ventilation, and air-conditioning system.
Identity Verification
Confirming an applicant is who they claim to be.
Incident Report
The record created when an operational issue occurs.
Income Verification
Confirming the income used to qualify an applicant.
Inquiry Rate
How often views turn into direct questions or messages.
Internal Rate of Return
The blended return across the life of an investment.
Inventory Checklist
The list used to verify furniture, fixtures, or supplied items.
Journal Entry
A formal accounting record posted into the books.
Key Handover
The controlled transfer of keys or access credentials.
KPI
The core metric used to judge whether a target is being met.
KYC
The process of verifying identity and source information for a party.
Late Fee
A charge applied when a payment arrives after the due date.
Lead Source
The channel that generated a prospect inquiry.