TNV
Technical and Numeric Variation, the per-locality rule that sets the actual subdivision numbers in SA.
Read the explainer →BAL rating
Bushfire Attack Level, the rating that decides how much extra you'll spend building in a bushfire overlay.
Read the explainer →FHOG
First Home Owner Grant, $15,000 for eligible SA first home buyers of new homes under $650k.
Read the explainer →Shared equity
Buying with a government share. Help to Buy and HomeStart let you buy with a smaller deposit while the government co-owns part of the home.
Read the explainer →Form 1
SA's vendor disclosure document. 40+ pages of legal information that must be served before contract signing.
Read the explainer →Easement
A registered right for someone else to use part of your land, sewer, drainage, driveways, electrical.
Read the explainer →Stamp duty
The state tax buyers pay when property changes hands. SA brackets, FHB concession, and how much it actually costs.
Read the explainer →LMI
Lenders Mortgage Insurance, the premium you pay (but the bank benefits from) when your deposit is under 20%.
Read the explainer →Conveyancer
The licensed professional who handles the legal transfer of property in SA, Form 1 review, title searches, settlement.
Read the explainer →Settlement
The day legal ownership transfers from seller to buyer. Money moves, title changes hands, keys exchange.
Read the explainer →Got a term you want decoded?
This glossary grows with reader requests. Likely next additions: vendor bid, encumbrance, strata title, cooling-off, finance clause.