---
title: "Terms used when buying a house in Amsterdam"
description: "Learn the terms that appear in property documents, cost estimates and purchase conditions before you assess a home."
url: "https://buyahouseinamsterdam.pro/en/subject/"
locale: "en"
author: "Anouk Kraan"
publishedDate: ""
updatedDate: "2026-09-03T00:00:00.000Z"
categories: ""
tags: ""
---

# Terms used when buying a house in Amsterdam

Learn the terms that appear in property documents, cost estimates and purchase conditions before you assess a home.

## Words you will see in a purchase file

### Purchase price

The amount buyer and seller agree in the purchase contract. Your mortgage and own funds must cover that amount and the other purchase costs.

### Buyer costs

A broad term for certain costs paid by the buyer around a purchase. Which items apply depends on the home, financing and intended use. See the [cost of buying a house in Amsterdam](/en/guides/cost-of-buying-a-house-in-amsterdam/).

### Owners’ association

The owners’ association manages shared parts of an apartment building. Its contribution, budget, minutes and maintenance plans show recurring costs and possible work.

### Leasehold

A right to use land and a home under the landowner’s conditions. In Amsterdam, check ground rent, the period, buyout and transition. The [municipal explanation of leasehold when buying](https://www.amsterdam.nl/wonen-bouwen-verbouwen/erfpacht/een-woning-met-erfpacht-kopen/) helps you collect the right records.

### Financing condition

A contract condition that can give the buyer room when financing does not come through. The wording and deadline belong to your purchase contract. Discuss them before signing.