General Real Estate
Property that is not permanently affixed and is moveable.
Personal Property
SFH
Single Family Home
MREC
Maryland Real Estate Commission
The business of bringing people together in a real estate transaction
Brokerage
If the sale price is $175,000 and your commission is 3%. You split with the brokerage 70% for your and 30% for the brokerage, how much is your commission?
$3,675
What is personal property that, by its attachment to real property, is regarded as real estate is called?
Fixture
NAR
National Association of Realtors
FSBO
For Sale By Owner
This profession combines a practioner's interest in real estate with skills and training in the construction trades
Home Inspection
Down payment percentage for Conventional Loans
20%
This person has satisfied the requirements of a licensing agency, as authorized by state legislation
Real Estate Licensee
VA-Loan
Veteran's Administration Loan
When representing the home owner, who determines the commission amount?
Broker
The process of developing an opinion of a property's market value, based on established methods & professional judgment
Appraisal
Down payment percentage for FHA loans
3%
This person is employed by or associated with a broker to perform brokerage activities on behalf of or for the broker
Salesperson
FHA
Federal Housing Authority
EMD
Earnest Money Deposit
The business of providing funds that make real estate transactions possible
Financing
43560 SQ. FT.
This type of Federal Law prohibits discrimination in the provision of housing and housing-related services.
Fair Housing
GBBR
Greater Baltimore Board of Realtors
The illegal practice of inducing panic sales of properties
Blockbusting
Real Estate
DAILY DOUBLE!!!!!
PITI
DAILY DOUBLE!!!!!
What is PRINCIPAL INTEREST TAXES INSURANCE?