Search results
Study with Quizlet and memorize flashcards containing terms like devise, encumber, demise and more.
Study with Quizlet and memorize flashcards containing terms like A summary of digest of the conveyance, transfer and any othe facts elide on as evidence of title, together with any other elements of record which may impair the title, A clause in a trust deed or mortgage giving the lender the right to call all sums owing him to be immediately ...
Agreement of Sale. A Form that states the buyer consents to purchase a property and the seller agrees to sell that property with the terms and conditions illustrated in from both parties. NEED TO KNOW Learn with flashcards, games, and more — for free.
- (64)
- Note: Letters of the alphabet without a relevant term are not listed.
- Adjustable-rate mortgage (ARM): A mortgage loan with an interest rate that can change throughout the loan’s lifetime.
- Agent: A real estate professional that is legally licensed to buy and sell property on behalf of their clients. An agent cannot operate independently, they must work under a licensed broker.
- Amortization: The process of gradually reducing mortgage loan debt over time by establishing scheduled monthly payments. The interest payment of an amortized loan will decrease as time goes on, while the principal payment will increase.
Nov 13, 2023 · Even if you know every one of the 136 real estate terms on this list and how to use them, your clients expect you to be their interpreter. This comprehensive list of real estate definitions will help you ensure you’re communicating with clients effectively.
Jan 3, 2023 · Here’s the ultimate glossary of real estate terms and abbreviations updated in 2023 from the Real Estate Institute of Australia (REIA), Property Council of Australia, Australian Property Institute, realestate.com.au and more.
People also ask
How many real estate terms do you need to know?
What is a real estate commission?
What are the characteristics of real estate?
What does first refusal mean in real estate?
What are the different types of real estate?
Sep 30, 2024 · Real estate vocabulary is an important part of studying for the exam. Here are the top 48 vocabulary words you should before you take the real estate exam.