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!

Weighted Average

A method of determining an average by valuing each component based on its relative importance Example: In a mortgage pool a loan with a …

Weir

(1) A dam used to divert water to a pond, mill, or similar use (2) A device for measuring the flow of water past …

Weir Box

A box set in an irrigation ditch to measure to flow of water The box (usually of wood or concrete) is open at both …

Well

A hole or shaft, which is sunk (usually by drilling) into the ground to obtain water, oil, natural gas, etc

Western Framing

A type of framing in which the studding for each floor rests on a separate sill rather than ground to roof as in balloon …

Wet Column

A column containing plumbing lines

Wet Plaster

Plaster mixed with water and spread wet over a lath The plaster dries hard to form the surface of a wall, ceiling, etc

Wetlands

Lands which, in their normal condition, have wet or spongy soil, such as a marsh or bog

Wharf

A structure used for loading and unloading ships May be constructed, as a dock or pier, or simply a piece of ground prepared for …

What-If Analysis

An exploration of the possible future circumstances of a potential buyer or borrower For example: If you were off work for six months, would …

Widow’S Quarantine

Old English law Forty days during which a widow could stay in her husband’s house, rent free, after his death

Wife

A woman who is legally married to a living man