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80 Term Real Estate Exam Vocabulary Challenge
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Master key real estate vocabulary you need to know to pass your real estate exam with this comprehensive video covering 80 essential real estate terms. A solid grasp of these terms is important not only for passing the exam but also for succeeding in your real estate career. The video is neatly organized into sections, allowing you to jump directly to the topics you want to focus on using the links below, or you can watch straight through for a full review. The questions move quickly, so don't hesitate to pause the video to take your time with each term.
β° Real Estate Exam Vocabulary Categories Covered in This Video
0:22 - Legal Terms
8:23 - Finance Terms
16:30 - Property Terms
23:32 - Contract Terms
31:02 - Agency Terms
39:11 - Valuation and Market Analysis
46:50 - Property Management
54:03 - Real Estate Math
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π Real Estate Vocabulary Covered in This Video:
Legal Terms
- Easement
- Encumbrance
- Lien
- Deed
- Title
- Adverse Possession
- Foreclosure
- Restrictive Covenant
- Eminent Domain
- Zoning Ordinance
Finance Terms
- Mortgage
- Amortization
- Equity
- Interest Rate
- Escrow
- Balloon Payment
- Adjustable Rate Mortgage (ARM)
- Fixed Rate Mortgage
- Private Mortgage Insurance (PMI)
- Points
Property Terms
- Appraisal
- Depreciation
- Zoning
- Subdivision
- Fixtures
- Real Property
- Personal Property
- Intangible Property
- Tangible Property
- Market Value
Contract Terms
- Offer
- Acceptance
- Consideration
- Contingency
- Closing
- Earnest Money
- Breach of Contract
- Specific Performance
- Bilateral Contract
- Unilateral Contract
Agency Terms
- Agent
- Broker
- Principal
- Dual Agency
- Fiduciary
- Listing Agreement
- Buyer's Agent
- Seller's Agent
- Designated Agency
- Transactional Broker
Valuation and Market Analysis
- Comparative Market Analysis (CMA)
- Appraisal Methods
- Sales Comparison Approach
- Cost Approach
- Income Approach
- Gross Rent Multiplier (GRM)
- Market Price
- Supply and Demand
- Highest and Best Use
- Investment Value
Property Management
- Lease
- Landlord
- Tenant
- Eviction
- Security Deposit
- Rent Control
- Property Maintenance
- Lease Agreement
- Sublease
- Property Manager
Real Estate Math
- Proration
- Commission Calculation
- Loan-to-Value Ratio (LTV)
- Area Calculation
- Volume Calculation
- Amortization Calculation
- Capitalization Rate
- Depreciation Calculation
- Gross Income Multiplier (GIM)
- Net Operating Income (NOI)
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