Q:

Word choice for specifying the real estate properties in terms of sale and rent

What is the correct English word that I can use to specify the real estate properties in cases if it is intended for sale or for rent. I think I can't use
Type:sale or Type:rent

because when people read the word Type they expect a description of something like bedsitter, one bedroom, single e.t.c but nothing to do with whether it is for sale or rent. for this purpose, What is the correct way to describe the object properties in terms of its sale and rent?

A:

Take a look at how sites like rightmove or zoopla get around this: They don't use a heading, instead they split their site into a "for sale" tab and a "to rent" tab. If you can avoid using any word, you should.
However the legal term that means "The nature of the contract that allows you to live at a property" is Tenure. Your tenure can be freehold or leasehold or a tenancy. The first two would normally be considered "for sale" the last is "for rent". But note, as above, popular websites avoid this type of technical language.

