REA-FC13 2025

The degree, quantity, nature, and extent of interest in real property.

• Estate in land

• Property rights

• Land tenure

• Real estate investment

A loan in which the principal and interest are payable in monthly or other periodic installments.

• Amortized loan

• Secured loan

• Unsecured loan

• Balloon loan

The minimum rate of return acceptable by investors before committing money to an investment.

• Required Rate of Return

• Expected Rate of Return

• Market Rate of Return

• Nominal Rate of Return

A valuation performed after the as-of date and not considered contemporaneous.

• Retrospective Valuation

• Prospective Valuation

• Current Valuation

• Historical Valuation

The liquidation of a financial burden by installment payments, including principal and interest.

• Depreciation

• Amortization

• Capitalization

• Liquidation

A local government organization designed to direct and control land development.

• City planning commission

• Urban development agency

• Land use board

• Zoning enforcement office

Latin, meaning 'and wife'.

• Et ux

• Et uxor

• Et femina

• Et coniunx

Changes to previously approved and adopted written agreements.

• Modifications

• Amendments

• Revisions

• Alterations

Proof of ownership of property, commonly a certificate of title or title insurance policy.

• Evidence of title

• Property deed

• Ownership certificate

• Title transfer document

The end of a transaction process where the deed is delivered and funds are dispersed.

• Closing

• Settlement

• Finalization

• Completion