Real Estate Exam Prep

Flashcards for Real Estate Business, Real Property and the Law, and Interests in Real Estate.

Real Estate

A business of many specializations covering various types of real property and housing.

Fair Housing

Ensuring equal opportunity in housing regardless of race, color, religion, sex, handicap, familial status, or national origin.

Real Estate Market

The economic environment where properties are bought, sold, and rented.

Real Property

Land, everything attached to it, and all the rights associated with it.

Laws Affecting Real Estate

Regulations and statutes that govern the ownership, transfer, and use of real property.

Estates in Land

The degree, quantity, nature, and extent of interest one has in real property.

Encumbrances

Claims, liens, charges, or liabilities attached to and binding real property.

Governmental Powers

Rights of the government to regulate real estate, including taxation, eminent domain, police power, and escheat.