1
Q
Frontage
A
The length of a property along a street or waterfront.
2
Q
Interest
A
A charge made by a lender for the use of money.
3
Q
Net Operating Income (NOI)
A
The income projected for an income-producing property after deducting losses for vacancy, collection, and operating expenses.
4
Q
Perimeter
A
The length of an area’s outer boundary.
Illinois Real Estate Exam
flashcards
Decks in class (26)
# Cards
-
Unit 1 - Introduction5
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Unit 2 - Real Property and the Law25
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Unit 3 - Concepts of Home Ownership8
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Unit 4 - Real Estate Agency32
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Unit 5 - Real Estate Brokerage18
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Unit 6 - Brokerage Agreements17
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Unit 7 - Interests in Real Estate45
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Unit 8 - Forms of Real Estate Ownership24
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Unit 9 - Legal Descriptions28
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Unit 10 - Real Estate Taxes and Other Liens33
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Unit 11 - Real Estate Contracts28
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Unit 12 - Transfer of Title32
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Unit 13 - Title Records13
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Unit 14 - Illinois Real Estate License Law26
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Unit 15: Real Estate Financing: Principles49
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Unit 16: Real Estate Financing: Practice48
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Unit 17: Leases26
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Unit 18: Property Management18
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Unit 19: Real Estate Appraisal45
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Unit 20: Land Use Controls and Property Development26
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Unit 21: Fair Housing and Ethical Practices7
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Unit 22: Environmental Issues and the Real Estate Transaction17
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Unit 23: Closing the Real Estate Transaction18
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Unit 24: Real Estate Mathematics4
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Quick Notes!27
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Illinois Specific Quick Notes6
