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.
Popular Real Estate Terms
Amount charged for each unit of rental property. An example of a unit might be square footage of space or an apartment. ...
A clause that may be inserted into a purchase agreement or a lease indicating that subject property must be properly maintained in order to validate the contract. The effect is to create ...
A right or interest in property held by a third party, which often limits the use and diminishes the value of the property, but usually does not prevent the transferring of title. The more ...
Depressed, poorly kept locality that may include vacant businesses. It may be a high crime area. The people living in the area are typically poor and there may also be homeless people. ...
The first mortgage on property when other mortgages exist as well, as in the case of a wraparound loan. For example, the total amount financed might be %200,000 of which the first lien is ...
A scholar second mortgage definition would go something like: a loan with a second-priority claim against a property in the event that the borrower defaults. But that’s too stiff, ...
A recorded plat defines a subdivision map that you have to file in the county recorder’s office. It will show the location and boundaries of your parcels of land. Knowing this, we can ...
A flexible price that may be adjusted. A resolved situation between two or people or parties through discussions in which common interests are modified. For example, real estate ...
Landlord's right to receive the value of the tenant's property to pay for unpaid rents or for damages to the leased premises. ...
Have a question or comment?
We're here to help.