Welcome to the Torrance real estate and homes for sale real estate and mortgage glossary for Redondo Beach, Hermosa Beach, Manhattan Beach, Palos Verdes, Torrance, Palos Verdes and Palos Verdes County, CA areas. Understanding real estate terminology can be of great assistance in buying or selling a home, commercial property, or investment property. In order to help you understand words commonly used in a real estate transaction, I have prepared a list of real estate terms you should become familiar with. Thanks again and be sure to contact me for any of your Redondo Beach real estate needs or real estate needs for Hermosa Beach, Manhattan Beach, Palos Verdes, Torrance, Palos Verdes here in Palos Verdes County, CA.