Study
the following definitions and examples.
1. apprehensive adj., anxious
about the future
a.
Most
new home buyers are apprehensive about their decision.
b.
The
mortgage lender was apprehensive about the company's ability to pay.
2.
circumstance
n.,
a condition; a situation
a.
Under
the current economic circumstances, they will not be able to purchase the
property.
b.
If
the circumstances change in the near future and we have new properties, we will
be sure to call you.
3. condition n., the
state of something; a requirement
a.
Except
for some minor repairs, the building is in very good condition.
b.
There
are certain conditions that are unique to leasing a property.
4. due to prep., because
of
a.
Due
to the low interest rates, good office space is difficult to find.
b.
He
didn't believe that the low prices were due only to the neighborhood.
5. fluctuate v., to
go up and down; to change
a.
No
one is very comfortable making a large investment while the currency values
fluctuate almost daily.
b.
Prime
business areas fluctuate with local economies, crime rates, and cost of living
indices.
6. get out of v., to
escape; to exit
a. The agent wasn't sure if the executives
could get out of their prior real estate arrangement.
b. The company wanted to get out of the area
before property values declined even further.
7. indicator n., a
sign, a signal
a.
If
the economy is an accurate indicator, rental prices will increase rapidly in
the next six months.
b.
The
results of the elections were seen as an important indicator of the stability
in the area.
8. lease n.,
a contract to pay to use property for an
amount of time; v., to make a contract to use property
a.
With
the lease expiring next year, they need to start looking for a new location as
soon as possible.
b.
They
decided to lease the property rather than buy it.
9. lock into v., to
commit; to be unable to change
a.
The
company locked itself into a ten-year lease that they didn't want.
b.
Before
you lock yourself into something, check all your options.
10. occupy v., to
dwell or reside in
a.
Tenants
are usually allowed to occupy their space beginning on the first day of the
month.
b.
Our
company has occupied this office for more than five years.
11.
option
n.,
a choice, an alternative
a.
You
could arrange the lease with an option to buy after a certain amount of time.
b.
With
the real estate market so tight right now, you don't have that many options.
12. subject to adj., under
legal power; dependent
a.
This
contract is subject to all the laws and regulations of the state.
b.
The
go-ahead to buy is subject to the president's approval.