Real estate vocabulary - Study guides, Class notes & Summaries

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 ...

WI Real Estate Vocabulary EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED Transfer Fee - Answer -Round to the nearest hundred and multiply by .003. Bundle of Rights - Answer -Rights & interest of having title such as possession, control, exclusion, sell, and of enjoyment. Real Property - Answer -Goes with the property. Generally immovable. Chattel Real - Answer -Cows mooove. Personal proptery. Fixtures - Answer -Was personal and is now real. MARIA (Method, Adaptabliltiy, Rel...

PSI Real Estate Vocabulary – Complete Guide to Passing the Exam | Latest update.

Real Estate Vocabulary Questions &Exam (elaborations) answers 100% satisfaction guarantee

Florida Real Estate Vocabulary Guaranteed Success Assignor A person who transfers a legal right to another Grantor Party giving the deed that conveys title Grantee Party receiving the deed and acquiring the title Lessor Landlord who gives lease Lessee Tenant who receives lease Lienor Person who has a claim on another's propert Lienee Person whose property is subject to a claim or charge by another Mortgagor Borrower who gives note and mortgage to obtain a loan Mortgagee Lender...

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...

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...

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 ...

Champion Real Estate Vocabulary Exam Questions and Correct Answers RESPA - ANSWER Real estate settlement prodcedures act - Brokerage - ANSWER The overall real estate business-bringing parties together and completing transactions Independent Contractor - ANSWER A licensee sponsored by a broker who is not considered an employee- there must be a written agreement, the independent contraction must be licensed and [payment is on the basis of performance, not number of ...

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...