Real estate vocabulary - Study guides, Class notes & Summaries

Acceleration Clause - Allows lender to demand immediate payment if borrower defaults. Adjustable Rate Mortgage - Loan with interest rate that can change over time. Alienation Clause - Allows lender to demand full payment if property is sold or transferred. Amortization - Gradual repayment of a loan through regular installments. APR - Annual Percentage Rate, including interest and fees. Arrears - Payment made after the due date. Balloon Payment - Large final payment at the end of a loan ter...

WA State Real Estate Brokers License Vocabulary Exam

FL Real Estate Pre-Licensing Course Vocabulary | 366 Questions and Answers | 100% correct

WI Real Estate Vocabulary Exam Questions and Answers

Colibri Real Estate Vocabulary Questions and Answers Abstract of Title A history of the ownership of a parcel of land which lists transfers of title, rights, and liabilities. Accession The idea that the owner of land is entitled to all that the soil produces or all that is added to the land either intentionally or by mistake. Trade fixtures not removed are "assessed" by the owner of the property. Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 ...

Maine Real Estate Vocabulary- TRELG Aesthetic zoning: - correct answer This type of zoning requires new builds to meet specific types of architecture styles, may and limit the colors used and the size of signs in commercial areas. Affirmative easement: - correct answer An easement that allows a party to do something that normally would not be allowed. See negative easement. Agency: - correct answer As an adjective, it describes the relationship between an agent and a client, a relationshi...

Florida Real Estate Vocabulary Questions and Answers 100% Pass Assignor - Correct Answer ️️ -A person who transfers a legal right to another Grantor - Correct Answer ️️ -Party giving the deed that conveys title Grantee - Correct Answer ️️ -Party receiving the deed and acquiring the title Lessor - Correct Answer ️️ -Landlord who gives lease Lessee - Correct Answer ️️ -Tenant who receives lease Lienor - Correct Answer ️️ -Person who has a claim on another's propert ...

FL Real Estate Pre-Licensing Course Vocabulary | 2023/24 with complete solution The various activities of a real estate brokerage include - sales and leasing property management property valuation financing counseling A property owner who does not reside on the property and who usually relies on a property manager to oversee the investment - Absentee Owner A supported, defended estimate of the value of property rights as of a given date - Appraisal The marketing and sale of a going ...

FL Real Estate Pre-Licensing Course Vocabulary | 2023/24 with complete solution The various activities of a real estate brokerage include - sales and leasing property management property valuation financing counseling A property owner who does not reside on the property and who usually relies on a property manager to oversee the investment - Absentee Owner A supported, defended estimate of the value of property rights as of a given date - Appraisal The marketing and sale of a going ...

Abandonment - Answer-the relinquishment of all rights and title to a property with no intention of reclaiming ownership Abutting Owner - Answer-An owner whose land touches a highway or other public place. Acceleration Clause - Answer-A clause in a mortgage or installment contract stating that upon default of payment due, immediate and full payment of the balance of the obligation becomes due and payable Access Right - Answer-The right of property owner to have ingress and egress to and from h...