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
Valuing real property based on the expected cost to buy property of identical value. The replacement cost to build a structure should be based on current prices. The appraisal should ...
Payment of the minimum tax by using legal tax planning opportunities such as estate planning. The use of tax avoidance strategies is a sound approach to retaining cash flow. On the other ...
Refurbishing or rebuilding a property, such as a house, back to its original or earlier condition. ...
In real estate, asking price is referred to as the amount set by the seller, the amount he/she wants to receive for the purchase of their home by the buyer. The asking price isn’t ...
Make changes to existing property. Example are putting in a new bathroom, kitchen, or basement ...
Person or business that benefits from the work of another person or business. The recipient has not compensated the other party for this gain. In law, the one being enriched at the ...
If you’re an owner of a property that needs to be accounted for in your return on investment or used to calculate your capital gains and losses, then the cost basis will help you ...
Aerial photos are photographs taken by cameras mounted in aircraft or satellites. Aerial photos are more commonly used in the industrial Real Estate Market to get a better feel of a ...
Hallow masonry wall consisting of an inner and outer wall with dead air space between them. The air space provides increased thermal insulation. Cavity walls are not used in northern ...
Have a question or comment?
We're here to help.