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Exam (elaborations)

Real Estate Vocabulary / Guide to Passing PSI Real Estate Exam / 2025 Update
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January 2026

2025/2026

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This Real Estate Vocabulary guide covers essential terms and definitions tested on the PSI Real Estate Exam, including property types, contracts, financing, appraisal, and agency. Perfect for rapid review, flashcards, and last-minute exam prep.
manleykarl673
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Exam (elaborations)

Real Estate Vocabulary (PSI Real Estate Exam) Guiding questions And answers. Qs cooperative (Co-op) - n Ans A type of multiple ownership in which the residents of a multiunit housing complex own shares in the corporation that owns the property, giving e
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June 2025

2024/2025

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Real Estate Vocabulary (PSI Real Estate Exam) Guiding questions And answers. Qs cooperative (Co-op) - n Ans A type of multiple ownership in which the residents of a multiunit housing complex own shares in the corporation that owns the property, giving each resident the right to occupy a specific apartment or unit. Qs cost approach - n Ans Process of estimating the value of a property by adding the appraiser's estimate of the reproduction or replacement cost of the building, less...
Quizlettt
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Real Estate Vocabulary
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April 2025

2024/2025

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Acceleration clause - -Usually written into a mortgage to allow the lender to accelerate or call the entire principal balance of the mortgage, plus accrued interest, when the payments become delinquent. Adjusted cost base - -The value of the real property established for tax purposes. It is the original cost plus any allowable capital improvements, plus certain acquisition costs, plus any mortgage interest costs, and less any depreciation taken. Agreement of purchase and sale - -A written ...
MERCYTRISHIA
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Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) Questions and Answers | Latest Version | 2025/2026 | Correct & Verified
Available in bundle

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April 2025

2024/2025

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Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the definition of "real property"? Land and anything permanently attached to it, such as buildings and improvements. What does the term "chattel" refer to in real estate? Personal property that is movable, such as furniture or appliances. What is the meaning of "fee simple absolute" in property ownership? The hi...
SterlingScores
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Exam (elaborations)

Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A.| 2025 LATEST UPDATED
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March 2025

2024/2025

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Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A.| 2025 LATEST UPDATED
Laudabletasks
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Exam (elaborations)

Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A.| 2025 LATEST UPDATED
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March 2025

2024/2025

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Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A.| 2025 LATEST UPDATED
StudyGiant
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Exam (elaborations)

Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A.| 2025 LATEST UPDATED
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March 2025

2024/2025

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Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A.| 2025 LATEST UPDATED
StudyGiant
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Exam (elaborations)

Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A.| 2025 LATEST UPDATED
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March 2025

2024/2025

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Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A.| 2025 LATEST UPDATED
StudyGiant
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Exam (elaborations)

Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 340+ Terms & Certified Solutions / 2025.
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January 2025

2024/2025

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Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 340+ Terms & Certified Solutions / 2025. acceleration clause A provision in a written mortgage, note, bond, or conditional sales contract that in the even of default, the whole amount of the principal and the interest may be declared due and payable at once. accession Title to improvements or additions to real property is acquired as a result of the accretion of alluvial deposits along the banks of streams or as a result of the...
ProLearn
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Exam (elaborations)

Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A.
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November 2024

2024/2025

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Real Estate Vocabulary (Guide to Passing the PSI Real Estate Exam) 346 Q&A. amendments - Answer: Changes to previously approved and adopted written agreements. amenities - Answer: Neighborhood facilities and services that enhance a property's value, outside of the property (swimming pools, three-car garages). Americans with Disabilities Act (ADA) - Answer: A federal law (1992) designed to eliminate discrimination against individuals with disabilities. amortization - Answer: The l...
docmickey
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