15. Real Estate Construction, Ownership, and Investment

15. Real Estate Construction, Ownership, and Investment

Created by
@MarvellousFeynman

Questions and Answers

What term is used to describe the difference between the value of a property and the liens against it?

Equity

In real estate, what do building codes aim to promote?

Uniformity in Construction

What is the space called in a chimney through which smoke, gas, or fumes rise?

Flue

What term refers to the mix of investments (plus cash reserves) owned by an individual or company?

<p>Portfolio</p> Signup and view all the answers

What is the term for an asset's ability to be converted into cash quickly?

<p>Liquidity</p> Signup and view all the answers

What is the term used to describe an animal, insect, or plant detrimental to humans or human concern?

<p>Pest</p> Signup and view all the answers

What does 'ROI' stand for in real estate investment?

<p>Return on Investment</p> Signup and view all the answers

Which term refers to the drawings of the vertical and horizontal cross-sections of a building?

<p>Plans</p> Signup and view all the answers

What does the abbreviation 'Btu' stand for in real estate?

<p>British Thermal Unit</p> Signup and view all the answers

What is the inclination or slope of a roof called?

<p>Pitch</p> Signup and view all the answers

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