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!

Land Development Loan

A loan secured by a mortgage or deed of trust to prepare raw land for construction of structures (See: Manufactured Lot)

Land Grant

A gift of public land by the federal government to a state or local government, corporation, or individual

Land Lease

Lease in which a tenant leases unimproved land on a long-term basis

Land Loan

A loan with collateral security of unimproved land Usually the loan to value ratio is less than on improved land

Land Patent

See: Patent

Land Reclamation

Giving land a higher (more commercial) use by physically changing it (drainage, irrigation, fill, etc)

Land Residual Technique

An appraisal technique by which land value is determined by first determining the net return attributable to the building only; and deducting it from …

Land Use Controls

Public or private restrictions on how land may be used (eg, zoning)

Land Use Map

A map of a given area, showing the different land uses in the area

Land Use Planning

The development of long range plans for the use of land in a given area, such as through zoning plans

Land Use Regulation

A general term encompassing any regulation of land, whether pubic (zoning) or private (restrictive covenants)

Land Value Map

An appraisal map showing the value of property in given areas, either in acres, square footage, or front footage