Matching

Question 0

The principle of real estate which states that even if two parcels may appear identical, they are never exactly alike.

Answer 0

Uniqueness

Question 1

A place where goods are bought and sold and a price for goods established.

Answer 1

Market

Question 2

Person who performs real estate activities while employed by, or associated with, a licensed real estate broker.

Answer 2

Salesperson

Question 3

An owner of this type of housing owns an individual unit and also shares ownership of common facilities.

Answer 3

Condominium

Question 4

Maintaining and administering another’s property for a fee

Answer 4

Property manager

Question 5

Process of using established methods and good judgment to estimate the value of a property

Answer 5

Appraisal

Question 6

The bringing together of parties interested in making a real estate transaction

Answer 6

Brokerage

Question 7

The property of real estate that refers to the fact that property cannot be relocated elsewhere

Answer 7

Immobility

Question 8

Report based on visual survey of property structure, systems, and site conditions

Answer 8

Home inspection

Question 9

Person who adheres to the Code of Ethics of the National Association of REALTORS (NAR)

Answer 9

REALTOR