Real estate vocabulary - Study guides, Class notes & Summaries

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

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...

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...

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 ...

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...

Real Estate Vocabulary - Washington State – (All Chapters) with Complete Solutions Real Estate Vocabulary - Washington State – (All Chapters) with Complete Solutions Real Estate Vocabulary - Washington State – (All Chapters) with Complete Solutions Real Estate Vocabulary - Washington State – (All Chapters) with Complete SolutionsSyndicate - ANSWER-A group of individuals who come together and pool their resources to carry out an enterprise. Real property (realty) - ANSWER-Tang...

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

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 ...

acceleration clause - Answer- A provision in a written mortgage, note, bond, or conditional sales contract that in the even of default, the whole amount of the principal and the interest may be declared due and payable at once. accession - Answer- Title to improvements or additions to real property is acquired as a result of the accretion of alluvial deposits along the banks of streams or as a result of the annexation of fixtures. accretion - Answer- Increase or addition to land by the dep...