150+ Real Estate Exam Vocab Terms (2024)

Here is a list of 150 must-know real estate exam vocabulary terms you need to pass your real estate exam in 2024.

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🕒 Chapters:
0:00 Introduction
0:34 Property Manager
1:07 Active Property
1:34 Co-Ownership
2:08 Joint Tenancy
2:45 Lease
3:10 Sandwich Lease
3:47 Constructive Eviction
4:22 Satisfaction of Mortgage
4:56 Amendments
5:26 Recovery Fund
5:59 Tenant Turnover
6:23 Principle of Substitution
6:47 The Clean Water Act (CWA)
7:22 Mortgage
7:59 Down Payment
8:37 Amenities
9:03 Inverse Condemnation
9:35 Notice
10:12 Underwriting
10:41 Contract
11:01 Prime Rate
11:33 Rent
11:56 Income Approach
12:34 Principal Payment
13:02 Addendum
13:24 Material Defect
13:51 Appurtenance
14:18 Appurtenant
14:52 Conventional Loan
15:26 Amortization
16:00 Negligence
16:40 Estate At Will
17:16 VA Loans
17:47 Chattels
18:13 Chattel Mortgage
18:49 Title
19:04 Safe Drinking Water Act (SDWA)
20:01 Riparian Rights
20:27 Leverage
20:44 General Agent
21:16 General Contractor
21:57 Bilateral Contract
22:30 Breach of Contract
22:51 Blind Offer
23:26 Closing
23:54 Closing Cost
24:39 Liquidity
25:01 Loan
25:28 Loan Commitment
26:00 Ownership
26:28 Ownership in Severality
26:50 Trust
27:18 Trustee
27:44 Open Listing
28:19 Real Estate
28:59 Real Estate Agent
29:32 Real Estate Broker
30:09 Void Contract
30:54 Voidable Contract
31:50 Inspection Contingency
32:26 Property Tax
33:01 Net Listing
33:58 Net Operating Income
34:27 Net Lease
34:54 Sole Proprietorship
35:29 Tie-in-Agreement
36:06 Subletting
36:42 Subleasing
37:16 Receivership
37:57 Property Management
38:26 Creative Financing
38:55 Mezzanine Financing
39:48 Kickback
40:24 The Fair Housing Act
41:06 The Fair Housing Act Amendment of 1988
41:36 Tax Lien
42:02 Tax Rate
42:24 Taxation
42:46 Principle of Progression
43:15 Principle of Regression
43:39 Valid Contract
44:00 Grant
44:19 Grantee
44:36 Grantor
44:53 Environmental Protection Agency (EPA)
45:22 Deed
45:48 Deed Restriction
46:29 Subsidized Housing
46:59 Zoning
47:27 Zoning Ordinances
47:58 Freehold Estate
48:31 Effective Age
49:06 Easement
49:37 Easement by Necessity
50:08 Easement in Gross
50:45 Dominant Estate
51:15 Appraisal
51:38 Appraiser
52:08 Cost Approach
52:56 Appraisal Contingency
53:29 Lot and Block
54:07 Offer
54:30 Counteroffer
54:59 Buffer Zone
55:25 Air Rights
55:54 Agreement of Sale
56:14 Acceptance
56:45 Novation
57:27 Leaseback
58:00 Lease Termination
58:29 Lease Option
59:08 Lease Expiration
59:37 Implied Grant
1:00:05 Implied Contract
1:01:00 Fixture
1:01:30 Contingent Property
1:02:04 Financial Contingency
1:02:27 Consideration
1:02:58 Blockbusting
1:03:31 Abutting
1:03:52 Redlining
1:04:29 Alienation Clause
1:04:52 Blanket Mortgage
1:05:22 Delinquent Mortgage
1:05:51 Collateral
1:06:20 Dual Agency
1:06:53 Real Estate License Requirements
1:07:17 Realtor
1:07:50 Optionee
1:08:07 Optionor
1:08:27 Government Power
1:09:21 Steering
1:10:03 Blind Ad
1:10:30 Capital Gain
1:10:53 Capitalization
1:11:14 Capitalization Rate
1:11:38 Exclusive Right to Sell Listing
1:12:10 Exclusive Agency Listing
1:12:41 Exclusive Listing
1:13:10 Commission
1:13:29 Nonhomogeneity
1:14:01 Adverse Possession
1:14:30 Bargain and Sale Deed
1:15:09 Land Trust
1:15:44 Mrs. Murphy's Exemption
1:16:11 Corporeal Property
1:16:35 Littoral Rights
1:17:13 Release Clause
1:17:37 Variance
1:18:03 Executed Contract
1:18:36 Outro

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