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16 Cards in this Set

  • Front
  • Back
A person who supervises the keeping of financial records pertaining to properties being managed. Generally more qualified than a bookkeeper.
Accredited Residential Manager (ARM)
A property management designation offered by the Institute of Real Estate Management (IREM).
Accredited Management Organization (AMO)
A property management designation offered by the Institute of Real Estate Management (IREM) to property management companies that meet prescribed high standards.
Administrative Assistant
A position that assists any of the executive or middle management personnel in the achievement of their job objectives.
Agricultural Land
Land used for farming purposes including growing crops and raising livestock.
The American Hotel and Motel Association the only trade association representing the lodging industry.
AIDA Formula
In marketing a formula for writing an ad that is designed to get maximum results. A=Attention I=Interest D=Desire A=Action.
Airport Hotel
A lodging accommodation to meet travelers' needs at the beginning or end of a journey. The modern ones include conference rooms fitness centers and restaurants.
All-Suite Hotel
A hotel offering full suites to its guests similar to a one-bedroom apartment.
American Land Title Association
A.L.T.A. Owner's Policy
American Land Title Association policy of extended title insurance
Abstract of Title
A full summary of all consecutive grants, conveyances, wills, records and judicial proceedings affecting title to a specific parcel of real estate
A person who, historically, searches out anything affecting the title to real property and summarizes the information in the findings
Acceleration Clause
A clause in a loan document describing certain events that would cause the entire loan to be due
An unqualified agreement to the terms of an offer
The acquisition of title to additional land or to improvements as a result of annexing fixtures or as a result of natural causes such as alluvial deposits along the banks of streams by accretion