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Confused? Bamboozled? Stymied? Stumped?

Every industry has its own language and terminology and real estate is no different. Whether it be dealing with a builder, lender, broker, appraiser, developer or even your very own realtor, there often comes a comment or statement that isn’t easily understood.

We pledge to make all things real estate as simple, easy and understandable as possible and have created a simple (and ever expanding) glossary of real estate terms that you may come across in a typical transaction. Please use it at will and if you find anything that we have omitted, let us know!

Real Estate Glossary

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Jerry Urwin

I am originally from London, England. I attended Eton College before graduating from the University of Bristol with a BSc Hons in Economics and Accounting in 1995. After graduating, I joined Citibank in London as a Foreign Exchange Trader and quickly proved himself as a positive, focused and highly productive trader. I later concluded my FX career running a trading desk in New York. It was from NY that I and my young family first visited Park City and we instantly appreciated its awesome beauty, fabulous amenities, unique location and family focused fun. "I had contacted a realtor and was looking at potential properties before we had finished our first ski trip!" It took a further 4 years from when I initially bought a vacation home in Deer Valley before I was able to engineer a permanent move to Utah. Being on all the different sides of Park City home ownership, I feel that I have a rare perspective which I look forward to sharing with you. I take great pleasure from assisting my clients with their purchases and sales in the area and I look forward to being able to do the same for you. Please don't hesitate to reach out to me directly at any time with any questions at all.

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