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Terms in this set (96) 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. 10 Real Estate Vocab Words You Should Know. 1 Imas Ayu Kusmawanti, 2013 Tari Ahlan Wasahlan Di Sanggar Wada Banten Universitas Pendidikan Indonesia | repository. Agency - Disclosure that agent is seller/landlord agent. Assessment - A charge against real estate made by a unit of government to cover a proportionate cost of an improvement such as a street or sewer. Real Property -Goes with the property -Generally immovable Personal Property -Goes with the person -Generally movable Chattel Real Cows Mooove-Personal property Fixture -Was personal and is now real -M. 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Location, square footage, upgrades, and more are always part of determining the price. Estate Marketplace Glossar How to Talk the Talk y: Buying a home can be exciting. com (80 cards) 2022-03-23 5 Real Estate Terms (549 cards) 2023-04-23 5 All about the basic terms of real estate transactions (19 cards) 2007-12-13 4. It is shorthand for the phrase "comparable sales. Vocabulary words. On the Real Estate list by Cody21710, master each vocabulary translation via open input or. For many new listing agents, descriptive real estate words like “cozy” or “sun soaked” are right up there with the maroon blazer—outdated, cheesy realtor cliches they think they can ignore. com/resources/stay-informed/real-estate-terms-home/#Affordability" h="ID=SERP,5719. Commonly used to describe a decrease of assessed valuation of property for ad valorem taxes. It could be looked at as a course in real estate terms 1o1. When advertising unlisted property for sale/lease in which the. 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Agent: A real estate agent is a person who works for a seller, buyer, or both during a real estate transaction. BRRRR: An investing acronym that stands for buy, rehab, rent, refinance and repeat, BRRR describes a framework where investors build passive income over time. Real Estate Vocabulary Terms. You have $100,000 in equity and owe $150,000. Furnished apartment for rent downtown area 3rd floor with elevator two. Vocabulary quizzes are powered by SpanishDict's world-class Spanish-English dictionary. Glossary of Real Estate Terms (Note: For additional definitions, see A. Real Estate Rentals Agent Directory New Homes Guide Realestate Closing time: The process that turns a home seeker into a homeowner By Amanda Abrams February 5, 2018 at 6:00 a. Assessor - An official. It also outlines the general agreed-upon terms, such as the purchase price, contingencies, closing date, and earnest money details. A document that is added to a real estate contract or purchase agreement. 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When a couple is married and they purchase a house together, that house is now known as a “j Buyer/Tenant Agent Case Study SOP 16-5. Glossary of Real Estate Terms (Note: For additional definitions, see A. Voluntary and permanent cessation with no intention to resume or reclaim one’s interest is called. Real Estate Terms and Definitions Acceleration clause Also known as an acceleration covenant, this is a contract provision requiring the borrower to repay all of their outstanding loan to a lender if certain requirements -- outlined by the lender -- aren’t met. An Acre has 43,560 square feet. com Our Interactive Vocabulary Worksheet System Exam Prep Videos Join the 167,000+ students who chose PrepAgent for their real estate exam prep! Get Started. Sale of beautiful apartment located in coso alto a few meters from Plaza España. But don't worry—we've compiled a list of the 29 most common terms you're likely to encounter. 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It could be looked at as a course in real estate terms 1o1. the condensed history of the recorded ownership of a particular parcel of real estate, consisting of a summary of the original grantand all subsequent conveyancesand. You can buy this house for a base price of Rp9,000,000,000 (Rp25,400,000/SqM). It affirms the buyer’s intent to purchase the property and the seller’s intent to convey it to the buyer. Seperti, tempat yang strategis, asri, dekat kemudahan umum, dan beda sebagainya. And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. Financial Real Estate Terminology Fixed-Rate Mortgage A fixed-rate mortgage is a loan whereby the mortgage interest rate charged by the lender does not change. The choice might be made by a council or board, as op It could also be a house that belongs to a person or Since the beginning of man, people have already developed their means or purpose of finding a place to stay. 52 essential real estate terms you should know. See more great real estate words. This vocabulary list is featuring all the important words of the Real Estate. A document that is added to a real estate contract or purchase agreement. As a home buyer or seller, you’ll be hearing these words a lot. Examination of Title – A report written about a property after searching public records. A written instrument that, when executed and delivered, conveys title to an interest in real estate is a DEED. Real estate terms: A through E F through J K through O P through T U through Z Note: Letters of the. Bringing parties together for the purchase, rent, or exchange of real estate. A purchase agreement outlines the terms and conditions of a sales contract. 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