Real Estate Communication/Vocabulary

Which is the best formal greeting?

• Hello!

• Good day!

• • Hello! How have you been?

Answer explanation

This one is correct since you assert a greeting and follow up intending to have a small chat with t person.

What is abundance?

• an itemized statement of money owed for goods or services

• the property of a more than adequate quantity or supply

• the act of gathering up

What is condemnation?

• Cash or cash equivalents expended by the landlord in the form of rental abatement, additional tenant finish allowance, moving expenses, cabling expenses to influence or persuade the tenant to sign a lease.

• A building, most often a warehouse or parking garage, with vertical columns on the outside edges of the structure and a clear span between columns.

• The process of taking private property, without the consent of the owner, by a governmental agency for public use through the power of eminent domain.

What do you say in a formal environment when you ask the person to repeat his statement/sentence/thought?

• Pardon?

• Huh?

• Come again?

• What did you say?

Answer explanation

All the other answers address no formalities and usually have a negative aspect to their meaning.

Give me the best formal conversation starters you can think of.

Define allocation.

• the practice of cultivating the land or raising stock

• pleasantness resulting from agreeable conditions

• the combination of two or more commercial companies

• the act of distributing or apportioning according to a plan

In formal conversations, it's best to steer clear of ______.

Explain why this sentence is bad. Context: you are a worker at a company and you are writing a letter to your company's partner.

Sentence: I am pleased to receive your offer. Can we discuss this in further detail later?

What is First Mortgage?

• The senior mortgage, which, by its position, has priority over all junior encumbrances. The holder of the first or senior mortgage has a priority right to payment in the event of default.

• Generally refers to new space that is currently available for lease and has never before been occupied by a tenant.

• One who makes a guaranty or promises to pay a third party’s obligations.

Formal speech is an example of what kinds of communication?