- Panel
- Panel Door
- Paneling
- Parcel
- Parget
- Parking Strip
- Particleboard
- Partition
- Partnership
- Party Wall
- Pass-Through
- Passive Loss
- Passive Solar System
- Patent Defect
- Patio
- Payment Cap
- Pediment
- Per-Diem Interest
- Perch
- Percolation Test
- Perennial
- Pergola
- Personal Property
- Pest-Control Inspection
- Photoelectric Switch
- Pier
- Pigtail
- Pigtail Cord
- Pilasters
- Pilot
- Pilot Light
- Pipestem Lot
- Pitch
- Pivot Rod
- Plane
- Planned Community
- Planned Unit Development (PUD)
- Plaster
- Plat
- Plat Book
- Plate
- Plenum
- Pocket Door
- Point
- Point of Beginning
- Pole
- Porch
- Portability
- Porte-Cochere
- Portfolio Lender
- Portico
- Possession
- Power of Attorney
- Pre-Approval
- Pre-Approval Letter
- Pre-Sold Home
- Prepaid Expenses
- Prepaid Fees
- Prepaid Interest
- Prepayment Clause
- Prepayment Penalty
- Prequalification
- Pressure Relief Valve
- Price Range
- Prime Lending Rate
- Primer
- Principal
- Principal and Interest
- Principal Paid Over Life of Loan
- Principal, Interest, Taxes and Insurance (PITI)
- Principle of Conformity
- Principle of Progression
- Principle of Regression
- Privacy Fence
- Private Mortgage Insurance (PMI)
- Probate
- Processing Fee
- Procuring Cause
- Production Home
- Programming
- Project Budget
- Property Line
- Property Report
- Property Tax
- Property Tax Deduction
- Property Value
- Prorate
- Punch List
- Purchase Agreement
- Purchase Contract
- Purchase-Money Mortgage (PMM)