Chapter 1 Flashcards

1
Q

An estimate of value

A

Appraisal

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2
Q

The time between conception of the idea for a development project and its completion and entry into the available supply

A

Gestation Period

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3
Q

Movable items such as cars, clothing, books, and so on

A

Personal Property

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4
Q

Land and structures that are attached to it

A

Real Estate

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5
Q

The legal interests associated with the ownership of real estate

A

Real Property

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