10 Common Real Estate Vocabulary Words You Can't Ignore

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Real estate vocabulary is important to know before the exam. Here are the 10 most common vocabulary terms you need to know for the big test.
✅ 🎓💯Get our exam prep package and our exam crash course videos! bit.ly/46L59T9
These real estate vocab terms are the most common on the exam. So, knowing these will help you understand more questions and more answers right. And that means you're chances of passing goes up way up!
Chapters:
00:00 - Here's what to expect
00:10 - What is real property?
00:40 - What is personal property?
01:13 - What is a fixture?
02:00 - What is the bundle of rights?
02:41 - What is eminent domain?
03:17 - What is "just" or "fair" compensation?
03:37 - What is an easement?
04:27 - What is a servient tenement?
05:00 - What is a dominant tenement?
05:15 - What does ingress mean?
05:22 - What does egress mean?
05:37 - What is an acreage?
06:00 - What is a REALTOR®?
06:35 - What is steering?
07:24 - What is commingling?
08:09 - What is escrow?
#realestateterminology #realestatevocabularly #realestateexam
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Thanks for watching-we'll see you in the next video!

Опубликовано:

14 июл 2024

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Комментарии : 74

@USRealtyTraining 2 года назад

✅ 🎓💯Get our exam prep package and our exam crash course videos! bit.ly/46L59T9

@susanfarris4250 Год назад

Love this. Also, a great way to remember the number of sq. ft. in an acre (43,560 sq. ft.) is 7-11. It breaks down as: 4+3=7, 5+6+0 = 11.

@USRealtyTraining Год назад

This is a great way to remember! Thank you for sharing! Also, thanks for watching!

@Rebecavch Месяц назад

Well explained! Mr. Rico you are the best!!! ☺️

@ayanmohamed7120 Год назад

I was struggling with vocabulary but watching your videos made it easy for me to understand

@USRealtyTraining Год назад

Glad the videos helped you out, Ayan! Thanks for watching and best of luck on the exam.

@lilyvkakosian315 5 месяцев назад

I love how you talk and explain meanwhile, your energized talking with explanations, make me to easy understand and I’m going to watch all your videos from now on! Thank you for all of these video clips!

@USRealtyTraining 5 месяцев назад

Always happy to help. When's your test date?

@lilyvkakosian315 5 месяцев назад

Thinking to take in April, so, I’ll have a time to watch all your videos- which loved the mostest from all!@@USRealtyTraining

@USRealtyTraining 5 месяцев назад

Exciting! You should think about getting our online exam prep package, if you like our videos: www.restateexamprep.com/ @@lilyvkakosian315

@sierrachapman8986 Год назад

I’ve been watching all the big real estate prep guys on here but I found you today and I lvoe the way you teach and explain things! My exam is Tuesday, I’m gonna binge watch all your vids. Wish me luck!

@USRealtyTraining Год назад

Woah! Big compliment. Thanks for the kind words, Sierra.

@sierrachapman8986 Год назад

@@USRealtyTraining I passed my Florida real estate exam today on my first try! Thank you so much!

@MsAntoinetteCollier 3 месяца назад

Yoooooo!!! You are so DOPE! Thank you for sharing your teaching GIFT!

@USRealtyTraining 3 месяца назад

So happy this was helpful. Thanks for watching! When's your exam?

@salma8705 2 года назад

I love the way you are explaining everything

@USRealtyTraining 2 года назад

Glad you enjoyed the video! Thanks for watching, Salma.

@Brnice74 Год назад

You’re the best! Thank you!❤😊

@USRealtyTraining Год назад

You’re welcome 😊 Thank you for watching!

@moniquemcdonald400 Год назад

you break it down and make it so easy to understand THANK YOU

@USRealtyTraining Год назад

You're welcome! Thanks for watching. (:

@TheVeltaism 2 года назад

Thank you ! Great teaching style, I used to watch PrepAgent but now I am all yours! lol

@USRealtyTraining 2 года назад

What a compliment! Thanks for watching, Velta. Glad these videos are helping you out.

@nattya9467 2 года назад

Prep agent is cool and all but your videos are way more my vibe! Thank you!

@USRealtyTraining 2 года назад

Ha! That means a lot. Thanks for watching and for the kind words, Natty!

@gabrielsilvas692 2 года назад

Even though im doing the tx exam i was mind blown when youre saying literally everything thats in the very begging of the exam when studying awesome

@USRealtyTraining 2 года назад

Glad to help out! You know, a good portion of the CA exam is part of the national education. So, I'm sure there's a lot of crossover! When do you take your exam in TX?

@mohamedahmedadan7158 9 месяцев назад

You're a true teacher. I learned a lot from you. Thank you very much I can't even than you enough brother Cheers

@USRealtyTraining 9 месяцев назад

Glad to help! Get the exam prep package if you haven't already. It'll help you far beyond what this video can do. Well worth it!

@lilyd6705 Год назад

Thank you for taking the time to do this! Your videos have been so helpful! 😊 💙 🙏

@USRealtyTraining Год назад

I'm so glad you enjoy the videos! Thanks for watching!

@trualbanian1 Год назад

You are awesome bro. All your info is sticking with me unlike many of these all guys on RU-vid. Wow. Ty 🎉

@USRealtyTraining Год назад

I appreciate that! Glad it is helpful!

@ricky433 2 года назад

Thank you so much for all the helpful information. Just passed the test today! 🙏🙏🙏🙏

@USRealtyTraining 2 года назад

Way to go, Ricky!!!! 🎉🥳🎉Congrats! Super excited for you. What's your plan next?

@ricky433 2 года назад

@@USRealtyTraining Teaming up with Exp!

@USRealtyTraining 2 года назад

@@ricky433 nice! Best of luck to you out there, Ricky! Be sure to keep us updated on all the cool stuff you do.

@unbeknownstx12 2 года назад

waiting on getting approved to take my exam from the DRE these videos are so helpful an refresh the memory

@USRealtyTraining 2 года назад

Best of luck to you and glad these videos help! If you have any questions, let me know. I'm happy to go into more detail on anything. Also, don't forget that we have exam prep and crash courses to help you study for the exam. I would be remiss if I didn't post the link here: www.carealtytraining.com/licensing/exam-prep-crash-course

@leilanicovarrubias5710 2 года назад

Thank you for these videos! I’ve got my state exam in 11 days so these videos are nice study tools. I also want to mention that you are great at explaining. You make it very easy for me to understand and remember all of these terms.

@USRealtyTraining 2 года назад

Thank you so much! I really do appreciate the kind words and I'm glad this video was helpful. Best of luck on the exam. Which state is the exam in?

@leilanicovarrubias5710 2 года назад

@@USRealtyTraining I’ll be testing in California☀️

@USRealtyTraining 2 года назад

@@leilanicovarrubias5710 best of luck! If you need any additional study material, we offer exam prep and also exam crash courses (both online and in video format.) Here's the link if you're interested: www.carealtytraining.com/licensing/exam-prep-crash-course We're rooting for you and be sure to update us on how you do!

@leilanicovarrubias5710 2 года назад

@@USRealtyTraining just wanted to come back & say that I passed my exam 😁🎊

@BeautyByBrigitte 2 года назад

Thank You Love the energy as always!

@USRealtyTraining 2 года назад

You are so welcome! Thanks for watching.

@BeautyByBrigitte 2 года назад

@@USRealtyTraining What a blessing! it’s my pleasure! Keep producing! 👏🏼👏🏼👏🏼

@USRealtyTraining 2 года назад

@@BeautyByBrigitte Definitely will!

@avaorpilla 2 года назад

This guy is awesome! One of the first ppl on youtube that really helps me understand these terms.

@USRealtyTraining 2 года назад

That means a whole lot to me, Ava. Thanks for the kind words. And thanks for watching too!

@avaorpilla 2 года назад

@@USRealtyTraining Of course thanks for the videos :) I’m moving to AZ in the near future- do you know if California’s laws are similar or no?

@USRealtyTraining 2 года назад

@@avaorpilla the concepts are all going to be similar, but there will be more specific legalese that will be different and, unfortunately, I'm not sure where. Glad these videos helped!

@avaorpilla 2 года назад

@@USRealtyTraining No worries I very appreciate the helpful info though! You got a new subscriber 😁

@USRealtyTraining 2 года назад

@@avaorpilla Much appreciated and welcome to the channel! 😎

@Kamone111 2 года назад

Great info!

@USRealtyTraining 2 года назад

Glad you liked it! Thanks for watching!

@leodiaz5710 2 года назад

Thank you so much! Love your videos , keep it up!!!

@USRealtyTraining 2 года назад

Thank you! Will do! Glad you're enjoying the channel, Leo

@hermikminassian362 2 года назад

Hello sir, I really love your explanation, it is very clear and way easy to understand. I wish I could have these videos 15 years ago when I got my license. Anyway I really enjoy your all videos and thank you so much for your time and concern. Good job and wonderful man.

@USRealtyTraining 2 года назад

So happy you enjoy the content, Hermik! Thanks for watching.

@FinallyFamilyOfficial 2 года назад

Unless the fixture is added in some cases… It changes certain realty into chattel… intention? Sink added by a tenant…? Still love the video, we need more of these.

@gabrielsilvas692 2 года назад

hes talking about the terms IN the exam though not in real life where a person can add something

@USRealtyTraining 2 года назад

You already pointed this out in your other comment, Jedi, but I wanted to post it here too! Using the acronym MARIA, we can discern whether or not something is a real. Here's an excerpt from our article on "6 Acronyms that Will Help You Pass the Real Estate Exam:" M.A.R.I.A is an acronym used to remember the elements that determine if something is a fixture: M: Method: This refers to the method of attachment. If the item is affixed to the property using nails, glue, wires, cement, pipes, or screws, it is usually a fixture even if it can be easily removed. A: Adaptability: Once the item becomes integral to the property, it becomes a fixture. A swimming pool cover is integral to the swimming pool located on the property. R: Relationship: The relationship between the parties in a dispute over fixtures usually plays a role in who will prevail. I: Intention: This refers to the party's intention at the time of attachment. If it was meant to be permanent, the item is a fixture. A: Agreement: Most purchase contracts contain a clause expressly defining the items included in the sale. Ultimately, what the parties agree upon will usually trump standard fixture rules. If you want to read about the other acronyms, check out this article here: www.carealtytraining.com/blogs/real-estate-exam-acronyms

@erickdecasas5550 2 года назад

Awesome, more please!

@USRealtyTraining 2 года назад

More to come!

@christina-2822 2 года назад

Don’t be “ steering” me. Great video and great explanation!

@USRealtyTraining 2 года назад

Glad you enjoyed it! Thanks for watching, Christina!

@nattya9467 Год назад

I love you!

@USRealtyTraining Год назад

Love you too, Natty! Go out there and knock that exam out of the park!

@allisonmajesky9084 2 года назад

I'm so confused. I thought Real Property was the rights that you acquire when purchasing real estate, and that real estate* was the land and all things attached to it. What is the difference?

@USRealtyTraining 2 года назад

Hi, Allison. Real property is a classification of the type of property. When you live in a house, you will have real property and also personal property. Real property is what comes with the house and land. So, a tree is real property. A door is real property. The stove in the kitchen is real property. The Bundle of Rights is the term used to describe the rights you acquire when you buy real estate. This is the power you posses as a land owner. I hope this clarifies things for you. If you have any other questions, please let me know.

@PsyferInc 2 года назад

The right to "encumber" your home within U.P.T.E.E. (Bundle Of Rights) means?...

@USRealtyTraining 2 года назад

That's a good question and has a lot to it. Here's a video we made on what encumbrance means: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-z3rz6luz1bQ.html In this context, you have the right to take a loan out on your house. Therefore, putting an encumbrance on it. Hope this helps.

@navkaur7146 2 года назад

I have got a question: what is opposite of alienation? How many experience needed to become property manager? What seller going to give buyer regarding lead paint disclosure or how? Landlord force to tenant to leave before expiration date? Broker received check under the name of escrow? What should he do? Seller is out of town and broker received a check what should he do? If there is over large amount in trust account what should broker do? Duties of unlicensed employees? House burned down will be there termination or it will still remin in offer? I have written as much as I remembered if you can answer me