Real estate vocab - Study guides, Class notes & Summaries

WI Real Estate Vocabulary Exam Questions and Answers

Demand - Answer-The amount of goods people are willing and able to buy at a given price, often coupled with supply Demographics - Answer-The study and description of a population Accretion - Answer-The increase or addition of land by deposit of sand or soil washed up naturally from a river, lake, or sea. Bundle of legal rights - Answer-PECED - Possession, Enjoyment, Control, Exclusion, Disposition Constructive Annexation - Answer-The combination of items into real property that are n...

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 ...

WA State Real Estate Brokers License Vocabulary Exam

Real Estate Vocab, Concepts, and Test Questions - ProLicense Florida 2023 A sales associate works under - ANSWER-The direction of a broker or in some cases an owner-developer A licensed appraiser is compensated for an appraisal - ANSWER-With a flat fee The product/service that all real estate professionals sell is - ANSWER-their expert knowledge Which area of real estate requires the highest degree of expertise? - ANSWER-Counseling Which Florida Administrative Code expands upon th...

Brokerage - correct answer The business of bringing people together in a real estate transaction. Broker - correct answer A person or company licensed to buy, sell, exchange, or lease real property for others and to charge a fee for their services. Sales Associate/Associate licensee - correct answer A person who performs real estate activities while employed by a licensed real estate broker. Real Estate Licensee - correct answer A person who the skills and knowledge to be licensed as a ...

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...

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

1 Tract - ANSWERS24 miles x 24 miles = 576 square miles = 16 townships 1 Township - ANSWERS6 miles x 6 miles = 36 square miles = 36 sections 1 Section - ANSWERS1 mile x 1 mile = 1 sq mile = 640 acres 1 Acre - ANSWERS43,560 sq feet = 160 sq rods 1 Square Acre - ANSWERS208.71 ft x 208.71 ft 1 Mile - ANSWERS5280 feet (linear) = 320 rods = 80 chains 1 Chain - ANSWERS66 feet = 4 rods 1 Rod - ANSWERS16.5 feet Riparian Rights - ANSWERSThe water rights of a land owner with respec...

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 ...