Jargon

Don’t know your Abstract Title from your Deeds of Sale? Then use our jargon buster for a simple explanation of all the weird and wonderful phrases affecting your nest.

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  9. i
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  11. k
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  13. m
  14. n
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  16. p
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  18. r
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Premises
Premises means any part or parts of the building boundaries fences garden and outbuildings belonging to the Landlord unless they have been specifically excluded from the Tenancy. When the Tenancy is part of a larger building the Premises include the use of common access ways and facilities.
Premium
The monthly amount payable for an insurance policy.
Premium lease
Lump sum paid up front as rental for a property.