Basic Real Estate Consepts
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Broker | show 🗑
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Business Cycle | show 🗑
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Chattel | show 🗑
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show | The need or desire for possession or ownership backed by the financial means to satisfy that need.
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heterogeneity | show 🗑
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Highest and best use | show 🗑
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Land | show 🗑
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Market | show 🗑
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show | A lack of uniformity; dissimilarity; heterogeneity. Because no two parcels of land are exactly alike, real estate is said to be nonhomogenity
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show | Items, called chattels, that do not fit into the definition of real property; movable objects like; furniture, clothing, jewelry, money, vehicles, etc.
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show | A real estate licensee who performs real estate activities under the supervision of a licensed real estate broker-in-charge. Must complete post-licensing courses to remove the provisional license status
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show | Land; a portion of the earth's surface extending downward to the center of the earth and upward infinitely into space, including all things permanently attached to it, whether naturally or artificially
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show | defined as the land, everything that is permanently attached to the land (or goes with) the land
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Situs | show 🗑
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Supply | show 🗑
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
whitwill
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