The Book of Jargon® – Real Estate & REITs is one of a series of industry and practice area-specific glossaries published by Latham & Watkins. The definitions contained in The Book of Jargon® are designed to provide an introduction to the terms and slang common in the worlds of Real Estate & REITs. Many of these terms raise complex legal issues on which specific legal advice will be required. The terms are also subject to change as applicable laws and customary practice evolve.