Vocabulary · 37 words

TOEIC Vocabulary: Housing and corporate property (37 Words with Examples)

Expect rental listings, lease renewals, notices about building maintenance and office relocations.

Free extract from the Noto Tracks TOEIC course

WordPart of speechMeaningExample
leasenoun / verba rental contract; to rentWe signed a five-year lease for the office.
tenantnouna person or company that rents a propertyTenants must park in the rear lot.
landlordnounthe owner who rents out a propertyThe landlord agreed to repaint the lobby.
propertynouna building or land that someone ownsThe company owns several properties downtown.
renovationnounwork to repair and improve a buildingThe renovation of the third floor is complete.
utilitiesplural nounservices such as water, gas and electricityRent includes all utilities except internet.
maintenancenounwork to keep something in good conditionCall maintenance if the heating stops working.
premisesplural nouna building and the land around itSmoking is not allowed on the premises.
vacantadjectiveempty; not occupiedTwo units in the building are vacant.
square foot / meternouna unit of floor areaThe warehouse has 20,000 square feet of space.
relocateverbto move to a new placeThe design team will relocate to the fifth floor.
real estate agentnoun phrasea person who helps people buy, sell or rent propertyOur real estate agent found three possible sites.
facilitynouna building used for a particular purposeThe new training facility opens in August.
security depositnoun phrasemoney paid before renting, returned laterThe security deposit equals one month's rent.
occupyverbto live or work in a spaceThe law firm occupies the top two floors.
homeownernouna person who owns their homeHomeowners in the area can apply for a grant to install solar panels.
residencenounthe place where someone livesThe former hotel will be converted into a private residence for senior citizens.
residentialadjectivecontaining homes rather than offices or factoriesThe new apartments are in a quiet residential area close to the station.
renternouna person who pays to live in a propertyRenters must give the building manager two months' notice before moving out.
realtornouna person who sells property for othersOur realtor found a suitable warehouse within a week of our first meeting.
condominiumnounan apartment that is individually ownedThe developer plans to build a twenty-story condominium near the waterfront.
suburbnouna residential area outside a city centerMany staff members moved to the suburbs, where housing is more affordable.
basementnouna floor of a building below ground levelExtra office furniture is stored in the basement until the renovation is finished.
balconynouna platform on the outside wall of a buildingEvery unit on the upper floors has a private balcony with a view of the bay.
ceilingnounthe top inside surface of a roomThe lobby has high ceilings and large windows that let in natural light.
hallwaynouna passage inside a buildingPlease keep the hallway clear of boxes while the painters are working.
spaciousadjectivehaving a lot of spaceThe spacious three-bedroom apartment is available for rent from June 1.
furnishverbto put furniture in a room or buildingThe landlord agreed to furnish the office with desks and filing cabinets.
plumbernouna worker who fixes water pipesWe called a plumber because the kitchen sink would not drain.
carpenternouna worker who builds things with woodA carpenter will install new shelves in the storage room on Monday.
remodelverbto change the structure or look of a buildingThe owners plan to remodel the ground floor into a modern reception area.
demolishverbto completely destroy a buildingThe old factory will be demolished to make room for a shopping center.
lawnnounan area of short grass around a buildingTenants are not responsible for mowing the lawn; the management company handles it.
leaknouna hole or crack that lets water or gas escapePlease report any leak in the ceiling to the maintenance office immediately.
adjacentadjectivenext to or near somethingThe company bought the adjacent lot to build a larger parking area.
amenitynouna useful or pleasant feature of a placeAmenities in the building include a rooftop garden, a gym, and bicycle storage.
architectnouna person who designs buildingsThe architect showed us drawings of the new headquarters building.

Collocations: renew a lease · undergo renovation · carry out maintenance · move into new premises · office space for rent.

Heard: "The elevators will be out of service on Saturday while technicians work on them."

Answer: "Some maintenance work is scheduled." — the specific situation becomes a general category.

Extra words from the TOEIC Service List (TSL 1.2) by Browne, Culligan & Phillips, newgeneralservicelist.com. Meanings and example sentences by Noto. This word list is shared under CC BY-SA 4.0.

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