REA-FC9 2025

Fixtures or personal property that are excluded from the contract or offer to purchase.

• Inclusions

• Exclusions

• Additions

• Provisions

The percentage split of commission compensation between the real estate sales brokerage and the real estate sales agent or broker.

• Commission split

• Revenue share

• Brokerage fee

• Sales commission

A property listing that has expired per the terms of the listing agreement.

• Expired (listing)

• Active (listing)

• Pending (listing)

• Withdrawn (listing)

A testamentary disposition subsequent to a will that alters, explains, adds to, or confirms the will, but does not revoke it.

• Codicil

• Amendment

• Addendum

• Supplement

A study done by real estate sales agents and brokers using active, pending, and sold comparable properties to estimate a listing price for a property.

• Comparative market analysis

• Market value assessment

• Property appraisal

• Real estate evaluation

A rate of return added to a risk-free rate to reflect the risk of a Business or specific asset of a Business.

• Risk Premium

• Market Risk

• Credit Risk

• Liquidity Risk

Also known as Relief from Royalty Method.

• Royalty Savings Method

• Royalty Reduction Technique

• Royalty Relief Approach

• Royalty Compensation Method

Something of value given or pledged to a lender as a security for a debt or obligation.

• Collateral

• Asset

• Liability

• Equity

Property of a married couple that is so mixed or commingled that it is difficult to determine whether it is separate of community property.

• Commingled property

• Separate property

• Community property

• Joint property

Environmental Management and Protected Areas Sector of the DENR.

• EMB

• EPA

• DNR

• NEMA