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!
Unit Owners Association
The organization thatmanages the operation of a condominium,imposing assessments and arranging forthe maintenance of the common areas Theassociation’s members are the unit owners andthey …
Unit Owners Association
The organization thatmanages the operation of a condominium,imposing assessments and arranging forthe maintenance of the common areas. Theassociation’s members are the unit owners andthey usually elect a board of directors. Alsocalled: a Condominium Association.
Unit Price
United States Geological Survey
The section of the department of the interior which maps the country and identifies its geologic features
United States Geological Survey
The section of the department of the interior which maps the country and identifies its geologic features.
Unities
The peculiarities necessary to form a valid joint tenancy Unity of time, title, interest, and possession
Unities
The peculiarities necessary to form a valid joint tenancy. Unity of time, title, interest, and possession.
Unities of Interest, Possession, Time, and Title
Fourunities required to form a joint tenancy wherebyall owners share equally and simultaneously inthese conditions
Unities of Interest, Possession, Time, and Title
Fourunities required to form a joint tenancy wherebyall owners share equally and simultaneously inthese conditions.
Unity Of Interest
In joint tenancy, the joint tenants must acquire their interest by the same conveyance and said interest must be equal
Unity Of Interest
In joint tenancy, the joint tenants must acquire their interest by the same conveyance and said interest must be equal.
Unity of ownership
The four unities traditionally needed to create a joint tenancy – unity of title, time, interest, and possession
Unity of ownership
The four unities traditionally needed to create a joint tenancy – unity of title, time, interest, and possession.
Unity Of Possession
In joint tenancy, the joint tenants must have equal rights to possession
Unity Of Possession
In joint tenancy, the joint tenants must have equal rights to possession.
Unity Of Time
To have a valid joint tenancy, the joint tenants must acquire title at the same time
Unity Of Time
To have a valid joint tenancy, the joint tenants must acquire title at the same time.
Unity Of Title
In joint tenancy, the holding by the joint tenants under the same document
Unity Of Title
In joint tenancy, the holding by the joint tenants under the same document.
Universal Agent
An agent authorized to doeverything that can be lawfully delegated to arepresentative
Universal Agent
An agent authorized to doeverything that can be lawfully delegated to arepresentative.
Unjust Enrichment
An unfairly obtained benefit byone party at the expense of another
Unjust Enrichment
An unfairly obtained benefit byone party at the expense of another.