Sept 1 Flash Sale: Save 40% right now! List of most popular Real Estate terms updated in August 2020 REAL ESTATE DEED ABBREVIATONS AND ACRONYMS. Every state requires real estate agents to have a license — and to take and pass a state examination to get that license. Don't have an account? Glossary of Real Estate Terms 80-10-10 A type of blended mortgage loan which avoids private mortgage insurance (PMI). You may also

A fixture is personal property that becomes real property, meaning that it was something that once went with the person but for reasons of its association with the property now goes with the real estate being sold. A classic example of a fixture would be a chandelier, as it is an item that was movable but now is attached to the property. Real Estate By the Letters. Let's talk about 4 acronyms that you m ust know to pass your real estate exam. Browse and search thousands of Real Estate Abbreviations and acronyms in our comprehensive reference resource. Taking a state real estate exam is necessary for becoming a licensed real estate agent. There are many abbreviations used in real estate, but the following list includes the more common ones you’ve probably heard before. Start studying Real Estate - Acronyms. Bundle of Legal Rights - Disposition, Enjoyment, Exclusion, Possession, ControlsSix Common-law fudiciary duties - Care, Obedience, Loyalty, Disclosure, Accounting, ConfidentialityFour government powers - Police power, Eminent Domain, Taxation, EscheatFour unities necessary to create joint tenancy - Possession, Interest, Time, TitleEssential elements of a valid contract - Legal purpose, Legally competent parties, Offer and Acceptance, Consideration, ConsentSpecial, Commercial, Agricultural, Residential, Industrial, Mixed-useFour alternative risk management techniques - Avoid, Control, Transfer, Or RetainTo have value, property must have following characteristics - Demand, Utility, Scarcity, TransferabilityMonthly mortgage - Principle, Interest, Tax, Insurance Property listings PAGE 1 A ABANDONMENT Failure to occupy and use property; may result in loss of rights. It consists of an 80% - 30 year first lien at market rates, a 10% - 15 year second lien at a slightly higher interest About Us. Scarcity has to do with the supply of real estate available. Browse the list of 2.9k Real Estate abbreviations with their meanings and definitions.

Whether you are looking at abbreviations or acronyms for real estate terms, be sure you clearly understand what they mean when referring to a specific piece of real estate. You need to cover a lot of ground in preparation for the test, but your efforts are well rewarded by a fun, exciting career. You need to cover a lot of ground in preparation for the test, but your efforts are well rewarded by a fun, exciting career. Whether you’re a beginner or an expert in real estate, it’s important for any investor to get acquainted with the vocabulary and jargon used by professionals in this business.

If you need help understanding your mortgage or contract, these are some of the more common real estate, legal, and Real estate agents and other real estate professionals often need to have specific certifications and may work with or belong to different associations or groups.

Real estate designations are credentials available to real estate professionals who have demonstrated deep knowledge or extensive skills in certain areas of the real estate industry. Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page. Every state requires real estate agents to have a license — and to take and pass a state examination to get that license. Other activities to help include hangman, crossword, word scramble, games, matching, quizes, and tests. press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to

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