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!

Improved Value

An appraisal term encompassing the total value of land and improvements (buildings) rather than the separate values of each


1 Improvements on land: any structure, usually privately owned, erected on a site to enhance the value of the property; 2 Improvements to land: …

Improvement Bond

A bond issued by a municipality to finance any public improvement

Improvement Mortgage Bond

A bond to finance improvements by a business which is secured by a general mortgage


Generally, buildings, but may include any permanent structure or other development, such as a street, utilities, etc See also: On- Site Improvements; Off-Site Improvements


See: On-Site Improvements


See: Off-Site Improvements

In Gross

Personal rather than attached to land An easement in gross has no dominant tenement

In Perpetuity

Of endless duration; forever

In Personam

Directed at specific persons rather than against property or generally for all people

In Re

In the matter of

In Rem

Pertaining to property or people in general