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Study deck for Alabama real estate salesperson pre-license coursework. Includes vocabulary, agency, contracts, finance, property ownership, fair housing, Alabama license law, math formulas, and missed-question review.
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VOCAB | Real Property
Real estate, plus the interests, benefits, and rights automatically included w/real estate ownership. ***Convey access***
VOCAB | Personal Property
Everything thats not ral property ***Chattel or Personalty***
VOCAB | Improvements
Permanent, man-made attachments that include things such as fencing, buildings and walkways
VOCAB | Exclusion
Right to refuse others access to your property
VOCAB | Disposition
Right to determine how, when, and whether the property is to be sold, leased, mortgaged, or transfered.
VOCAB | Trade Fixtures
Used in commercial property, sometimes affixed items. They are attached to real property and are treated as personal property. They are equipment placed or attached to real estate that the renter uses in their trade or business.
VOCAB | Emblements
for agricultural properties. Crops produced through cultivation belonging to the tenant during and after harvest.
VOCAB | Rectangular Survey System
often referred to as the public land survey system(PLSS), the government survey system (GSS), the rectangular government survey system (RGSS), orjust the rectangular system.