Property ownership, titles and the terms that come up when buying or holding real estate.
5 terms in this topic
A caveat is a notice lodged on a property title that warns others of a claimed interest and blocks most dealings until it is resolved.
Read definitionA depreciation schedule is a report that lists an asset's cost, its effective life and the depreciation you can claim against income each year.
Read definitionLandlord insurance is cover for a rental property owner, protecting against tenant related loss such as damage, theft and lost rent, plus legal liability.
Read definitionNegative gearing is when an investment bought with borrowed money costs more to hold than it earns, and the shortfall is deducted against your other income.
Read definitionTitle is legal ownership of an asset, and the record that proves it, such as a certificate of title for land.
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