I’m always overhearing certain terms in the office. Previously coming from a creative background, I’d never crossed passed with commercial property talk until starting this job. Believe me, there’s a whole hidden world of words out there. Here are a few popular buzz words I’ve gathered along the way. Careful, don’t learn them all at once:
*Heads of Terms are often referred to as HOTs, hence my ‘hot stuff’ explanation. They’re not actually hot in an any way.