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Don’t Let Real Estate Lingo Confuse You

πŸ“˜ **Don’t Let Real Estate Lingo Confuse You**

Buying your dream home already feels like a big step β€” and the last thing you need is confusing jargon getting in the way.

Here are **6 essential terms** every buyer should know before signing that dotted line:

πŸ›οΈ **RERA** – The government body that safeguards homebuyers. πŸ—οΈ **CLP (Construction Linked Plan)** – Pay in parts as construction progresses. 🏠 **Subvention Plan** – Bank pays EMI till possession (now rare, but worth knowing). πŸ“„ **OC (Occupancy Certificate)** – Proof that the building is legally ready for living. πŸ“¦ **Time-Linked Plan** – Payments scheduled on time, not construction milestones. πŸ’° **Escrow Account** – Ensures your money stays protected from misuse.

🧠 The more you understand these terms, the smarter your real estate choices become.