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
| Word | Part of speech | Meaning | Example |
|---|---|---|---|
| lease | noun / verb | a rental contract; to rent | We signed a five-year lease for the office. |
| tenant | noun | a person or company that rents a property | Tenants must park in the rear lot. |
| landlord | noun | the owner who rents out a property | The landlord agreed to repaint the lobby. |
| property | noun | a building or land that someone owns | The company owns several properties downtown. |
| renovation | noun | work to repair and improve a building | The renovation of the third floor is complete. |
| utilities | plural noun | services such as water, gas and electricity | Rent includes all utilities except internet. |
| maintenance | noun | work to keep something in good condition | Call maintenance if the heating stops working. |
| premises | plural noun | a building and the land around it | Smoking is not allowed on the premises. |
| vacant | adjective | empty; not occupied | Two units in the building are vacant. |
| square foot / meter | noun | a unit of floor area | The warehouse has 20,000 square feet of space. |
| relocate | verb | to move to a new place | The design team will relocate to the fifth floor. |
| real estate agent | noun phrase | a person who helps people buy, sell or rent property | Our real estate agent found three possible sites. |
| facility | noun | a building used for a particular purpose | The new training facility opens in August. |
| security deposit | noun phrase | money paid before renting, returned later | The security deposit equals one month's rent. |
| occupy | verb | to live or work in a space | The law firm occupies the top two floors. |
| homeowner | noun | a person who owns their home | Homeowners in the area can apply for a grant to install solar panels. |
| residence | noun | the place where someone lives | The former hotel will be converted into a private residence for senior citizens. |
| residential | adjective | containing homes rather than offices or factories | The new apartments are in a quiet residential area close to the station. |
| renter | noun | a person who pays to live in a property | Renters must give the building manager two months' notice before moving out. |
| realtor | noun | a person who sells property for others | Our realtor found a suitable warehouse within a week of our first meeting. |
| condominium | noun | an apartment that is individually owned | The developer plans to build a twenty-story condominium near the waterfront. |
| suburb | noun | a residential area outside a city center | Many staff members moved to the suburbs, where housing is more affordable. |
| basement | noun | a floor of a building below ground level | Extra office furniture is stored in the basement until the renovation is finished. |
| balcony | noun | a platform on the outside wall of a building | Every unit on the upper floors has a private balcony with a view of the bay. |
| ceiling | noun | the top inside surface of a room | The lobby has high ceilings and large windows that let in natural light. |
| hallway | noun | a passage inside a building | Please keep the hallway clear of boxes while the painters are working. |
| spacious | adjective | having a lot of space | The spacious three-bedroom apartment is available for rent from June 1. |
| furnish | verb | to put furniture in a room or building | The landlord agreed to furnish the office with desks and filing cabinets. |
| plumber | noun | a worker who fixes water pipes | We called a plumber because the kitchen sink would not drain. |
| carpenter | noun | a worker who builds things with wood | A carpenter will install new shelves in the storage room on Monday. |
| remodel | verb | to change the structure or look of a building | The owners plan to remodel the ground floor into a modern reception area. |
| demolish | verb | to completely destroy a building | The old factory will be demolished to make room for a shopping center. |
| lawn | noun | an area of short grass around a building | Tenants are not responsible for mowing the lawn; the management company handles it. |
| leak | noun | a hole or crack that lets water or gas escape | Please report any leak in the ceiling to the maintenance office immediately. |
| adjacent | adjective | next to or near something | The company bought the adjacent lot to build a larger parking area. |
| amenity | noun | a useful or pleasant feature of a place | Amenities in the building include a rooftop garden, a gym, and bicycle storage. |
| architect | noun | a person who designs buildings | The 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.
Other vocabulary topics
You've reached the end of the free extract
Learn these words for good
In the Noto Tracks TOEIC course, all 4,059 TOEIC words are ready as flashcards and come back in your daily plan, with the full vocabulary lesson, its exercises and answer key.
Also in the full lesson
- Practice questions
- Answer key with explanations
- One-page summary
50 questions, free, with an estimated score.
TOEIC is a registered trademark of ETS. This guide is not endorsed or approved by ETS. Noto Studio is not affiliated with ETS. All examples are original.

