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	Parcel
	Partition
	Partnership
	Passive loss
	Passive solar system
	Patent defect
	Payment cap
	Percolation test
	Per-diem interest
	Panel
	Paneling
	Parking strip
	Partition
	Patio
	Perennial
	Pergola
	Personal property
	Pest-control inspection
	Pier
	PITI (Principal, Interest, Taxes, Insurance)
	Planned communities
	Planned-unit development
	Plaster
	Pocket door
	Point
	Porch
	Porte cochere
	Portfolio lender
	Portico
	Possession
	Power of attorney
	Pre-approval letter
	Prepaid expenses
	Prepaid interest
	Prepayment penalty
	Prequalification
	Pre-sold home
	Pressure relief valve
	Price range
	Primer
	Principal
	Principle of conformity
	Principle of progression
	Principle of regression
	Privacy fence
	Private mortgage insurance (PMI)
	Probate sale
	Production home
	Programming
	Project budget
	Property line
	Property report
	Property tax
	Property tax deduction
	Property value
	Proration
	Punch list
	Purchase agreement
	Purchase-money mortgage