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!

General Plan Restrictions

Restrictions imposed on an entire subdivision, usually by the developer Also called a declaration of restrictions

General Power

See: Power of Attorney (1)

General warranty deed

A deed that states that the title conveyed therein is good from the sovereignty of the soil to the grantee therein and that no …

Generally Accepted Accounting Principles

Accounting methods approved by the accounting profession and required in audits and reporting

Geodetic System (The United States Coast And Geodetic Survey System)

A network of bench marks (surveyor’s marks), located by longitude and latitude, covering the entire country Originally, this system was used to locate federally …

Georgian Architecture

A colonial style of architecture dating back to the eighteenth century Characterized by first floor windows extending to the ground, its exterior placements (windows, …

Georgian Colonial Architecture

A more formal and elaborate form of Georgian Architecture

Gerrymander

To divide an area into districts, against the obvious natural divisions, in order to accomplish an unlawful purpose For example: To divide a school …

Gift

A voluntary transfer of property without valuable consideration

Gift Causa Mortis

A gift made in contemplation of death The gift is conditioned upon the death of the donor and may be revoked before the donor’s …

Gift Deed

A deed for nominal consideration

Gift Letter

A letter to HUD from the donor (giver) stating that a gift of money has been made to the buyer in order to purchase …