Definition of "Viz"

What does viz. mean? The meaning of viz. derives from the Latin word videlicet which is translated into English as namely, that is, which is, as follows. You may encounter it in legal documents and technical writings, where it also means that is to say. After viz. you should expect to find further details, an explanation, an enumeration or several examples. 

Is viz. a real estate term? Since it might show up in the most important documents that are to be signed during the home-buying process, real estate lawyers and real estate agents may have to explain the meaning of viz. for both the home seller and the homebuyer. However, it is not a real estate term. Although it is an insignificant word, it may raise a question mark for those who are unfamiliar with formal writing. However, even if one doesn’t know the definition of viz., he or she will still understand the sentence because the meaning of this small abbreviation can be deduced from the context. 

The word viz. is only used in writing and the main goal is to save space. That’s why you may also find it in footnotes. Just like the similar Latin abbreviations e.g. and i.e., the word viz. is always followed by a period and should be separated by commas from the rest of the sentence like in the following examples:

Six countries have registered for this online competition, viz. China, Japan, Sout Korea, Italy, the U.S., and Canada. 

“(...) direct an examination of the candidate on the following branches, viz. orthography, reading, writing, English grammar, composition, geography, and arithmetic.” extracted from The Laws of Texas 1822-1897

The popularity of the word viz. has constantly declined over the years. So, don’t be surprised if you run into it in older documents or last wills, especially during probate. Nowadays, many linguists recommend using the other meanings of viz. instead. And unless you intend to sound strange, never use it in speech.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Agreement in which some terms are yet to be carried out. The contract is still not fully completed. ...

So, after you discovered what a Home Appraisal is, you want to know more about the person responsible for it: the famous Appraiser.Good for you!The Appraiser is a certified individual ...

Method of selling and obtains possession, but the seller retains the title. ...

The term comparables is used to better determine the value an asset has when compared to others, similar to it. Real estate comparables are used in assessments to determine a house’s ...

The unadjusted basis of assets is the actual price paid for purchasing an asset without any reductions from depreciation deductions. In order words, the unadjusted basis is an asset’s ...

A legal procedure to sell a mortgage property to the highest bidder in order to satisfy a mortgage claim from a mortgagee against the value o the property. A foreclosure sale can occur from ...

Ownership of a real estate in which at least two or more individuals have equal ownership. If a member of the group dies, the property is transferred to the survivor (s), for example, a ...

Real annual return on a real estate investment. It equates the initial investment with the present value of future net cash inflows from the investment. The IRR can be determined by using a ...

A lien on property such as for the nonpayment of real estate taxes or mechanic's lien for repairs to the home without the consent of the owner, created by operation of law. ...

Popular Real Estate Questions