Studying for your real estate license exam? Check out our resources on all the definitions you need to know while studying for your real estate exam.
There are many types of deeds, and different deeds offer different rights and levels of protection. Since every deed has different purposes, it can affect your legal rights differently. A bargain and sale deed is needed for the sale and …
The word ‘property’ has many different meanings. For instance, it tells us about those things that belong to a person, whether animate or inanimate. Any material or immaterial things with some value can be called property. A property’s main characteristic …
It’s not uncommon for the examiner to ask you to define certain real estate terms. One real estate term that examiners are fond of is accession. What does it mean? In this article, you will learn the definition of accession, …
Net listings are an essential concept to understand for real estate professionals and real estate exam test takers. In this article, you will learn the definition of net listings, the risk of using net listings, and the regulations around net …
This article will help you understand the difference between real and personal property. We will also define the bundle of legal rights, fixtures, trade fixtures, and more. But first, some important context. Bob owns a parcel of land in a …
Real estate appraisal and valuation are incredibly important not only for the real estate exam but for your real estate career. Understanding real estate appraisal and valuation can not only give you an advantage when you become an agent but …