RealEstateVocabularyGuidetoPassingthe

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RealEstateVocabulary(GuidetoPassingthe PSIRealEstateExam) 1.salescontractthatintheevenofdefault,thewholeamountoftheprincipalandthe interestmaybedeclareddueandpayableatonce.

2.resultoftheaccretionofalluvialdepositsalongthebanksofstreamsorasaresultof theannexationoffixtures.

3.naturallyfromariver,lake,orsea.

4.anygivendate,thedifferencebetweenthecostofreplacementnew(asofthedateof theappraisal)andthepresentappraisedvalue.

5.pubicofficialauthorizedtotakeacknowledgmentsthataninstrumentwasexecutedby hisorherasafreeandvoluntaryact. Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam).pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Real%20Estate%2...

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6.defaultedtenantisphysicallyoustedfromtherentedpropertypursuanttoacourt order.

7.

8.estatetax.

9.periodically,accordingtocorrespondingfluctuationsinanindex.Allaretiedto indexes.

10.mortgage.

11.deceasedpersonwhodiedwithoutleavingawill.

12.tinuouspossessionofanother'slandunderaclaimtotitle.

13.administeranoath 14.authorizationmaybeexpress,implied,orapparent.Afiduciaryrelationshipis Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam).pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Real%20Estate%2...

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createdwhenaprincipalexecutesalistingagreementormanagementcontract authorizingarealestatebrokertobehisorheragent.

15.certainrealestateandtheselleragreestosell,onthetermsandconditionssetforthin theagreement. Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam).pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Real%20Estate%2...

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16.transferred.

17.buildasky-walkorfortheutilitycompanytoerectpowerlines, 18.bysale,orinvoluntary,suchasthrougheminentdomain.

19.borrowertosell(withoutlenderapproval)onassumptionorcontract-for-deed.

20.

21.ments.

22.outsideoftheproperty(swimmingpools,three-cargarages).

23.eliminatediscriminationagainstindividualswithdisabilities.

24.whichincludeprincipalandinterest.Theloanpaymentconsistsofaportionwhich willbeappliedtopaytheaccruinginterestonaloan,withtheremainderbeing appliedtotheprincipal.Overtime,theinterestportiondecreasesastheloanbalance Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam).pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Real%20Estate%2...

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