Buying guide
38 NZ real estate terms you should know
Whether you’re buying your first home or just need a refresher - this glossary will come in handy.
AI summary
Navigating the NZ property market can be confusing. This glossary demystifies 38 essential real estate terms for buyers and sellers.
Understand key concepts including:
- Sale methods like Auction and Deadline Sale
- Ownership types like Freehold and Cross lease
- Financial jargon such as LVR and OCR
- Legal documents like a LIM report
This guide ensures you can confidently engage with agents, brokers, and lawyers, making your property journey smoother and more transparent.
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Knowing a thing or two will make buying property easier.
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