My name is Will, and I recently graduated from RE-school in Indiana. I graduated on a Wednesday and scheduled my state test for that Saturday.
After trying to study I quickly realized I made a HUGE mistake scheduling my test so soon, as there is NO WAY anyone can review simply by reading the book.
I found your online study services and I am so grateful to all of you for spullying us withthis information and digital interface. Without your information in NO WAY would any pass the Indiana state test!!!!!!
The test was extremely difficult, and I passed my classroom with a 94% average, so I am not an idiot. The state test was extremely hard, with questions worded in such a manner that made my brain hurt afterwards.
Your study aids, the videos and ESPECIALLY the individual practice tests were the ONLY way I could have passed. Being able to re-take them over and over along with the review side was a HUGE advantage!!!!
Thank YOU very much, to all of you, each and every one who works there for dedicating yourself to all of us trying to pass such a difficult milestone.
I recommend your services to ALL, everywhere in the USA, if you need to pass your real estate exam the first time.
Thank you again!!!
- Will Rogers, Jr. Licensed RE Agent in Indiana
Real Estate Dictionary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
|QUAD: || See: Quadrant.|
|QUADRANGLE: || In the Government Survey method of describing real property, a square area of land 24 miles square (24 miles on each side or 576 square miles), containing 16 Townships (six miles square) or 576 Sections (one mile square).|
|QUADRANT: || (1) A quarter section of a circle. (2) One of the quarters created by two intersecting roads or streets.|
|QUALIFIED FEE ESTATE: || An ownership interest in real property that is not absolute. See: Defeasible Title; Fee Tail.|
|QUALIFIED INTERMEDIARY: || The party that facilitates the exchange of property to meet the requirements of IRS Code Section 1031. To be "qualified" the party must not be related to the taxpayer and have no interest in the property. Section 1031 sets out the full requirements. The party is also commonly called an Accommodator or Facilitator.|
|QUALIFYING RATIOS: || See: Debt Ratio.|
|QUANTITY SURVEY METHOD: || Also called "price take-off" method. A process of arriving at an estimate of new construction costs by a detailed estimate of quantities of necessary building materials plus labor costs.|
|QUARTER: || See: Quarter Section.|
|QUARTER ROUND: || A molding which, in cross-section, resembles a quarter circle.|
|QUARTER SECTION: || One quarter of a section. A quarter section (commonly called a quarter) contains 160 acres.|
|QUASH: || To abate, annul, overthrow, vacate, void.|
|QUASI: || Similar to but intrinsically different.|
|QUASI CONTRACT: || A contract created by operation of law where no actual contract exists. The purpose is to avoid unfairness and create a remedy for the injured party.|
|QUAY: || A wharf used for loading or unloading ships.|
|QUESTION OF FACT: || Question as to what actually happened. Determined by physical evidence and decided by a jury in a jury trial.|
|QUESTION OF LAW: || Given the facts, what laws, if any, are applicable; decided by a judge, even in a jury trial.|
|QUICK ASSETS: || See: Liquid Assets.|
|QUIET ENJOYMENT: || See: Covenant of Quiet Enjoyment.|
|QUIET TITLE: || See: Action To Quiet Title.|
|QUIETUS: || Final disposition of a claim or debt.|
|QUITCLAIM DEED: || A deed operating as a release; intended to pass any title, interest, or claim which the grantor may have in the property, but not containing any warranty of a valid interest or title in the grantor.|
|QUOIN: || See: Coign, Coigne.|