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1 ROGER K. SHERRILL (R.E. TUTOR) REAL ESTATE VOCABULARY 17 PAGES1. An Acre has 43,560 square feet. 2. Voluntary and permanent cessation with no intention to resume or reclaim one's interest is called.
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Real estate vocabulary california FAQ
To achieve those goals, the three most important words in real estate are not Location, Location, Location, but Price, Condition, Availability.
General real estate terms As-is. Buyer's agent/listing agent. Closing. Closing costs. Days on market (DOM) Due diligence. Escrow holder. Homeowner's association (HOA)
ing to Etymonline.com, real is used in a legal context in Middle English to reference immovable property (i.e., a house, building or structure), as opposed to personal property, such as clothing or furniture. The term estate can be traced to Latin and even French.
uk. us. (also realty); (also real property) land or buildings that someone owns: It's a prime piece of real estate.
7 Study Tips for Passing Your Real Estate Exam Review What's on the Exam. ... Create Digital or Physical Notes for Key Concepts. ... Read Your Notes. ... Don't Reach Out to Practicing Agents. ... Take Several Practice Real Estate Exams. ... Understand How To Take Tests. ... Stay Positive and Upbeat.
Real estate is defined as the land and any permanent structures, like a home, or improvements attached to the land, whether natural or man-made. Real estate is a form of real property.
Real estate is a form of real property, meaning that it is something you own that is attached to a piece of land. It can be used for residential, commercial or industrial purposes, and typically includes any resources on the land such as water or minerals.
Real property is a parcel of land and everything that is permanently attached to the land. The owner of real property has all of the rights of ownership, including the right to possess, sell, lease, and enjoy the land.
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