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
The return by owners of a property investment usually through a depreciation allowance. a clause in a contract permitting the prior owner of real estate to recover under certain ...
Agreement between a lending institution and borrower where the borrower agrees to extend or spread the collateral of a loan to additional properties beyond the original mortgaged property. ...
Material used for covering the surfaces of walls or ceilings. Plaster used to be made from plaster of paris, but is now primarily made from cement mixed with sand and water. After plaster ...
(1) Judgment against a defendant who does not respond to the plaintiffs lawsuit or fails to appear in court at the hearing or trial date. (2) Judgment issued by the court against the ...
Provision in a lease agreement in which the lessee is given the right to buy the property at the end of lease term. In many cases, the option price is attractive to encourage acquisition. ...
A public foreclosure sale where public notice is given anyone is allowed to participate. Normally, a public sale occurs because of the property owner's failure to pay taxes. ...
Uncertainties associated with real property including lack of insurance coverage in the event of fire or injury, high crime area, and environmental problems. This risk may be reduced ...
Appraisal by summation is an Alias for Replacement Cost A.K.A. Cost Approach, which is one of the approaches an Appraiser can go through in order to assign a Market Value to a ...
Money payments to be delayed for a future date or extended over a period of time. ...
Have a question or comment?
We're here to help.