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What do the real estate abbreviations stand for?

Fact sheetTenants Union of Victoria Ltd ACN 081 348 227 June 2006 do the real estateabbreviations stand for?Advertisements for rental properties can be very confusing if you are not familiar with the realestate market abbreviations . Here is a list to help you understand what an advertised propertyactually has to boardF tldFully tiledfeatFeaturesfibFibroFitgs or fittsFittingsflrFloorfl covsFloor coveringsfurnFurnishedF/F or f/furnFully furnishedgge or grgeGarageghwsGas hot water servicehseHousehtgHeatinghtrHeater7 Winters in Victoria are cold and homeheating is a must. When you inspect a rentalproperty, make sure it has adequate you have signed a tenancy agreement,if the heater is not working properly thelandlord must repair it, but if there is noheater in the property the landlord is notrequired to provide one.

fact sheet Tenants Union of Victoria Ltd ACN 081 348 227June 2006 www.tuv.org.au What do the real estate abbreviations stand for? Advertisements for rental properties can be very confusing if you are not familiar with the real

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Transcription of What do the real estate abbreviations stand for?

1 Fact sheetTenants Union of Victoria Ltd ACN 081 348 227 June 2006 do the real estateabbreviations stand for?Advertisements for rental properties can be very confusing if you are not familiar with the realestate market abbreviations . Here is a list to help you understand what an advertised propertyactually has to boardF tldFully tiledfeatFeaturesfibFibroFitgs or fittsFittingsflrFloorfl covsFloor coveringsfurnFurnishedF/F or f/furnFully furnishedgge or grgeGarageghwsGas hot water servicehseHousehtgHeatinghtrHeater7 Winters in Victoria are cold and homeheating is a must. When you inspect a rentalproperty, make sure it has adequate you have signed a tenancy agreement,if the heater is not working properly thelandlord must repair it, but if there is noheater in the property the landlord is notrequired to provide one.

2 HWSHot water serviceHWUHot water unit (service)inspInspectint or intlInternalk etteKitchenetteKIOKey in officekitKitchenl fittLight fittingsldrLounge dining roomldryLaundrylivLivinglngLoungelrgLarg estudent housingac or a/cAir conditioningadjAdjacentamenAmenitiesbdsB edsitterbiBuilt-inbicsBuilt-in cupboardsBIRB uilt-in robes (wardrobes)brBedroomBVBrick veneerCal BungCalifornian bungalowclClosecnrCornercompComprisescov CoveringscpbdsCupboardscpleCouplecrptCar petd/hDucted doorsdblDoubledbl garDouble garagedbrDouble bedroomdecDecorativedepDepositdetDetache dDFDouble fronteddin rmDining roomdlugDouble lock-up garagedrapesCurtainsEdwEdwardianelfElect ric light fittingselhwsElectric hot water serviceenclEnclosedensEnsuite bathroomEntEntrance, entryestabEstablishedexcExcellentfact sheetThis information is a guide only and should not be used as a substitute for professional legal adviceTenants Union of Victoria Ltd ACN 081 348 227 June 2006 or luLock uplugLock-up garageLuxLuxurymodModernmstrMaster (main)

3 NegNegotiablenrNearOFPOpen fire place7If you rent a property with an openfireplace and you intend to use it, make surethere is nothing in the tenancy agreementthat states that you cannot use the safety reasons, find out when thechimney was last swept and always use afire htrOil heaterONOOr nearest offerOSPOff street calendar monthpkg or prkgParkingpol flrsPolished floorsposPositionpw Per week7rent pw or rent Because mostmonths contain more than 4 weeks (ie morethan 28 days), there is a difference betweenrent per week (pw) and rent per calendarmonth ( ). If the weekly rent isadvertised but your rent is paid on the same date of each month, you will need to calculate the amount per calendar month using the following equation.

4 Rent pw x 52 weeks 12 months = rent eg $250 rent pw x 52 12 = $1083 rent qualQualityrcReverse cyclerecRecessstudent housingrefsReferencesremRemote controlresResidencerfRoofrmsRoomsR/ORoom onlyROWR ight of way (laneway)s outSleep outSBSolid brickSCSelf containedsecSecuresemiSemi-detachedsepSe parateSF or sgle frSingle frontedSglSingleshrShowershwr rcsShower recessslugSingle lock-up garagespacSpaciousssStainless steelstryStoreytceTerracetmbrTimbert outThroughoutuc or u/cUnder coverupstrsUpstairsven bldsVenetian blindsverVerandahVicVictorianWBWeather pantWalk-in pantrywwWall to wallwwcWall to wall carpetyoYears oldAdditional sources: and more information phone the TenantsUnion Advice Line on (03) 9416 2577.


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