Real Estate Study

Front 1

BROKERAGE

Back 1

Real Estate activity that brings together parties interested in a real estate transaction

Hint 1

RE activity

Front 2

HOME INSPECTION

Back 2

Report based on virtual survey of property structure, systems, site conditions and etc.

Hint 2

Report

Front 3

CATEGORIES OF

REAL ESTATE PROPERTY

Back 3

Residential, Commercial, Industrial, Agricultural and Special Purpose

Hint 3

E-C-I-A-SP

Front 4

MARKET

Back 4

Place where goods are bought and sold, and where price is established

Hint 4

Place

Front 5

DEMAND

Back 5

It's the amount of goods people are willing and able to buy

Hint 5

Goods

Front 6

NAREB

Back 6

Association dedicated to equal housing opportunity; Their members are called Realtists

Hint 6

Association - opportunity

Front 7

DEVELOPMENT

Back 7

Construction of improvements on land, new homes, water lines

Hint 7

Construction

Front 8

PROPERTY MANAGEMENT

Back 8

Management of another's property for compensation

Hint 8

Management

Front 9

REALTOR

Back 9

Member of National Association of REALTORS; adhers to Code of Ethics.

Hint 9

Member

Front 10

SUBDIVISION

Back 10

it's a single property divided/ splitted into small parcels

Hint 10

Split

Front 11

SALESPERSON

Back 11

It's a person who perform real estate activities under supervision of a licensed real estate broker

Hint 11

RE activities

Front 12

SUPPLY

Back 12

It's the amount of goods available in the Market to be sold at a given price.

Hint 12

Amount available

Front 13

APPRAISAL

Back 13

It's a process of using established methods and good judgment to estimate the value of a property

Hint 13

Process

Front 14

ANNEXATION

Back 14

Conversion of personal property into real property , such as mixing sand, stone, cement, and making sidewalk out of it.

Hint 14

Change

Front 15

ECONOMIC CHARACTERISTICS OF REAL PROPERTY

Back 15

Scarcity, Improvements, Permanence and Location

Hint 15

PILS

Front 16

APPURTENANCE

Back 16

It's right, privilege, or improvement belonging to and passing with land.

Hint 16

Right

Front 17

EMBLEMENTS

Back 17

Considered to be personal property such as annual, harvestable crops: corn, wheat, and etc.

Hint 17

Crops

Front 18

BUNDLE OF LEGAL RIGHTS

Back 18

Ownership of all legal rights: Control, Possession, Exclusion, Disposition and Enjoyment.

Hint 18

PECED

Front 19

FIXTURE

Back 19

Personal property that is converted to real property by being permanently attached to the real estate.

Hint 19

Personal

Front 20

CHATTELS

Back 20

Movable items, also named personal properties such as chairs, table, Bank accounts, and etc.

Hint 20

Movable

Front 21

IMPROVEMENTS

Back 21

Any structure or modification erected or imposed on a site to enhance the value of the property, such as buildings, streets, utilities

Hint 21

Attachements

Front 22

SEVERANCE

Back 22

When an item of real property is changed into personal property by detaching it from the land, such as cutting down a tree or removing a stained glass

Hint 22

Real

Front 23

TRADE FIXTURE

Back 23

It's an item installed by a tenant under a commercial lease and removable before the lease expires.

Hint 23

Business

Front 24

PHYSICAL CHARACTERISTICS OR REAL PROPERTY

Back 24

Imobility, Indestructibility and Uniqueness (non-homogeneity)

Hint 24

UII

Front 25

SUBSURFACE RIGHTS

Back 25

Ownership rights to the natural resources lying below the Earth's surface, such as water, minerals, gás and oil.

Hint 25

Below