GLOSSARY OF REAL ESTATE INDUSTRY TERMS | TÉRMINOS DE LA INDUSTRIA INMOBILIARIA

The Glossary of Real Estate Industry Terms is a publication of the National Association of Hispanic Real Estate Professionals®.

In a recent NAHREP survey, top producing Latino agents and loan officers indicated that 40 percent of their transactions make use of Spanish at some point in the transaction and as much as 25 percent of all transactions utilize Spanish exclusively as the means of communication. In an already complex and increasingly regulated environment, NAHREP saw the need to provide guidance and consistency on Spanish-neutral translations of the words and phrases used most frequently over the course of a real estate transaction.

In its first edition, the Glossary of Real Estate Industry Terms provides commonly used real estate and finance terms in English to Spanish and Spanish to English. Additionally, the glossary differentiates between formal Spanish and their colloquial translations, which is often the more used of the two terms by real estate professionals and their clientele.

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