38 NZ real estate terms you should know

Navigating the NZ property market is easier with this glossary of essential real estate terms. It demystifies the jargon for buyers and sellers, covering key concepts like:

- Sale methods (Auction, Tender, Deadline Sale)

- Financial acronyms (LVR, DTI, OCR)

- Ownership types (Freehold, Cross lease)

You'll also understand crucial documents like the LIM report and Sale and Purchase Agreement. This guide helps you transact with confidence on your property journey.