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!

E & O Insurance

See: Errors And Omission Insurance

EA

See: Environmental Assessment

Earnest Money

See: Deposit (1)

Earnest money deposit

An amount of money deposited by a buyer under the terms of a contract In the event that the buyer, for no valid or …

Earnings

Money received for labor or personal services rather than a return on capital, although corporate income from all sources is described as “earnings”

Easement

A right to use the land of another for a specific purpose, such as for a right-of-way or utilities; an incorporeal interest in land …

Easement Appurtenant

An easement for the benefit or another parcel of land, such as the right to cross parcel A to reach parcel B The easement …

Easement by Condemnation

1 Taking private property for public use through the government’s power of eminent domain 2 A declaration that a structure is unfit for occupancy …

Easement by Express Reservation

An easement created in a deed when a landowner divides property, transferring the servient tenement, but retaining the dominant tenement

Easement by Grant

An easement granted to another in a deed or other document

Easement by Implication

An easement created by operation of law (not express grant or reservation) when land is divided, if there is a longstanding, apparent use that …

Easement by necessity

An easement allowed by law as necessary for the full enjoyment of a parcel of real estate