driveway

Definition

That short private road connecting your house to the street, where you park your car and contemplate life's decisions. Real estate's way of saying 'personal road to your personal space.'

Example Usage

The driveway needs repaving; the asphalt is cracking from years of use.

Source: Merriam-Webster

Related Terms

Intermediate

MLS (Multiple Listing Service)

A shared database that real estate agents use to list and access properties for sale in their area. Think of it as the social network where agents gossip about every house on the market.

🏠 Real Estate

Intermediate

per door

A valuation metric for multifamily properties calculated by dividing price by number of units, because apparently 'per unit' wasn't jargony enough. It's the real estate equivalent of price per ounce.

🏠 Real Estate

Intermediate

quiet enjoyment

A tenant's right to use rental property without interference from the landlord or other parties. Not about noise levels—it's about being left alone to live your life between rent payments.

🏠 Real Estate

Beginner

Lease

A binding contract that details the terms of a rental arrangement, basically a detailed way to say 'pay me monthly or get out.'

🏠 Real Estate

Intermediate

Latent Defect

A hidden problem not visible during inspection—the property's way of saving embarrassing revelations for after you close.

🏠 Real Estate

Intermediate

escarpment

A steep cliff or slope, often created by erosion or military design, that looks menacing and makes hiking feel unnecessarily dramatic. Engineers love them; hikers hate them.

🏠 Real Estate

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