Simply select a letter to begin browsing. If you can't find what you are
looking for, simply
to and let us know what you are looking for.
Currently displaying definitions for words starting with - V
- Vacancy rate
- The proportion of rental properties that are unoccupied. When the vacancy rate is high it means that tenants have a large number of rental properties to choose from. The vacancy rate is also used to indicate if supply of housing is meeting demand from homebuyers in the broader housing market.
- One who sells anything. In real estate transactions it is the person disposing of the property.
- Vendor Finance
- A loan granted by the vendor to the purchaser. This type of finance is secured by way of first or second mortgage over the property sold. It generally bears interest at normal market rates and is repaid by a specific date.
Click here to return to the previous page.
Back to top
Can't Find It?
Simply fill out the form below and press Send Message.
Please Note: Remember to check our
Frequently Asked Questions
and Glossary Area before submitting. They may just have the answer you're looking for.