Free Real Estate Vocabulary Flashcards
Pass the real exam by knowing all of the vital real estate vocabulary terms that are crucial to passing the real estate licensing examination. Study all of the important real estate glossary terms and definitions, and pass with confidence!
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Aba Number
Originated by the American Bankers Association, it is the number (usually in the upper right hand portion of th...
Abandonment Of Homestead
A recorded document, executed by those claiming a homestead exemption, giving up said homestead. Not applicable...
A Horizon
Surface horizon (layer) of soil, the composition of which is effected by water which percolates through it.
1031 Exchange (1031 tax deferred exchange)
Under Section 1031 of the IRS Code, some or all of the realized gain from the exchange of one property for a li...
Abatement
A reduction or decrease. Commonly used to describe a decrease of assessed valuation of property for ad valorem ...
A-Frame
A type of construction usually found in resort areas. The exterior framing of the building is shaped like the l...
A.B.A. (American Bar Association)
A national organization composed of member state and local bar associations, which control the licensing of att...
AAA Tenant
See: Prime Tenant
Abc Soil
Soil having distinct A (upper), B (middle), and C (lower) horizons (layers of soil).
Abandonment
The voluntary and permanent cessation of use or enjoyment with no intention to resume or reclaim one’s possessi...
Abstract Continuation
See: Supplemental Abstract.
Abut
To touch, border on, or be contiguous to.