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.
As a real estate exam teacher and professional, I often come across questions about addendums in real estate contracts. An addendum is a document that is added to a real estate contract to modify or add terms to the original …
As a real estate exam teacher, I often emphasize the importance of understanding actual fraud in the real estate industry. Actual fraud is an intentional misrepresentation or concealment of pertinent facts with the intent to deceive and manipulate. In the …
Active property listings play a crucial role in the real estate industry. As a real estate teacher, I can confidently say that active listings are the lifeblood of my student’s business. They are the properties that are currently available for …
Accretion is a fascinating concept in the real estate world that can play a significant role in property ownership and valuation. It’s also very likely one of the real estate terms and definitions to know for your real estate exam. …
As someone who has worked in the real estate industry for several years, I can attest to the importance of acceptance in any transaction. Acceptance is the point at which both the buyer and seller agree on the price and …
When it comes to real estate, the real estate term “abutting” refers to properties that share a common boundary without any intervening land. In other words, abutting properties are adjacent to each other and have no space or border between …