Real Estate beginner vocabulary
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Questions and Answers

What is a ceiling fan primarily used for?

  • Circulating air (correct)
  • Lighting up a room
  • Heating a room
  • Decorating a room

Which furniture piece is designed for storing crockery, glasses, and table linen?

  • TV stand
  • Sideboard (correct)
  • Coffee table
  • Bookshelf

What is typically placed beside a bed for convenience?

  • Ceiling fan
  • Armchair
  • Bedside table (correct)
  • Desk

What is the main function of an oven?

<p>Cooking (A)</p> Signup and view all the answers

Which outdoor area is typically paved and attached to a house?

<p>Terrace (D)</p> Signup and view all the answers

What is the purpose of a gate in a wall or fence?

<p>Closing an opening (D)</p> Signup and view all the answers

What does 'Equity' represent in real estate?

<p>The difference between market value and mortgage balance (D)</p> Signup and view all the answers

What is the purpose of 'Due Diligence' in a real estate transaction?

<p>To verify the property's status before purchase (B)</p> Signup and view all the answers

How is a property classified as 'Historical'?

<p>Meeting criteria related to age, preservation, and history (C)</p> Signup and view all the answers

What does a 'Counter offer' in real estate involve?

<p>Expressing disagreement with the buyer's offer and proposing a new price (C)</p> Signup and view all the answers

What kind of property is described as an 'investment property'?

<p>A property acquired for generating income through renting (D)</p> Signup and view all the answers

Which term describes a style of dwelling made of specific materials, complying with environmental and energy standards?

<p>Modern (B)</p> Signup and view all the answers

What is a 'back up offer' in real estate terminology?

<p>A prospective buyer who submits an offer after the current buyer withdraws (D)</p> Signup and view all the answers

In real estate, what does 'negotiable' mean?

<p>A property that can be sold or achieved without restrictions (C)</p> Signup and view all the answers

'Minimalist' style of decoration in real estate aims at what?

<p>A return to essential living with simple spaces and furniture (B)</p> Signup and view all the answers

'Lakefront' real estate refers to a property with what view?

<p>A view on a lake (B)</p> Signup and view all the answers

What document closes a real estate transaction and is followed by the handover of the property from seller to buyer?

<p>Purchase and Sale Agreement (B)</p> Signup and view all the answers

What is the main purpose of a radiator in a building?

<p>To heat a room (D)</p> Signup and view all the answers

What is the function of a letterbox in a house?

<p>To receive mail (A)</p> Signup and view all the answers

Which item is commonly found on a staircase for safety?

<p>Bannister (D)</p> Signup and view all the answers

What is the main purpose of a gutter/drain pipe on a roof?

<p>To direct rainwater away from the building (D)</p> Signup and view all the answers

What type of system does a boiler provide in a home?

<p>Heating and/or hot water system (A)</p> Signup and view all the answers

What is the main function of a porch in front of a building entrance?

<p>To act as a covered shelter (B)</p> Signup and view all the answers

'Flat' in real estate usually refers to:

<p>A housing unit covering only part of a building (D)</p> Signup and view all the answers

What is the main purpose of a table in a room?

<p>To facilitate eating, writing, or working (B)</p> Signup and view all the answers

What is the main purpose of a Buyer's Agent in a real estate transaction?

<p>To carry out the property purchase on behalf of the buyer (B)</p> Signup and view all the answers

What does it mean when a property is described as 'fenced' in real estate?

<p>The property has a separation device surrounding it (C)</p> Signup and view all the answers

In real estate, what does 'Ensuite bathroom' typically refer to?

<p>A bathroom connected to a bedroom (A)</p> Signup and view all the answers

What does 'Double Vanity' typically refer to in real estate terminology?

<p>A bathroom fixture with two sinks set within a single countertop (C)</p> Signup and view all the answers

How is 'Equity' defined in real estate?

<p>The net value of a property, accounting for market value and mortgage balance (B)</p> Signup and view all the answers

Which outdoor structure is specifically designed to provide housing for a motor vehicle?

<p>Garage (D)</p> Signup and view all the answers

In real estate terms, what does 'pond' commonly refer to?

<p>A body of still water formed naturally or artificially (C)</p> Signup and view all the answers

Which furniture piece is primarily designed for reading, writing, or other work?

<p>Desk (A)</p> Signup and view all the answers

What does a bannister refer to in a building?

<p>A handrail by the staircase (B)</p> Signup and view all the answers

In real estate terms, what is the purpose of a mantelpiece?

<p>To protect the room from smoke from the fire (C)</p> Signup and view all the answers

What is the primary function of a doorbell in a building?

<p>To signal arrival of visitors outside (C)</p> Signup and view all the answers

What does 'upstairs' refer to in real estate terminology?

<p>An upper floor of a building (D)</p> Signup and view all the answers

In real estate, what does 'walking distance' typically refer to?

<p>A distance close to a specified key location that can be comfortably walked (C)</p> Signup and view all the answers

What does the term 'Short Sell' imply in real estate?

<p>The sale occurs below the value necessary to clear the mortgage (D)</p> Signup and view all the answers

In real estate, what does an I-buyer company primarily focus on?

<p>Generating quick offers and fast property transactions (D)</p> Signup and view all the answers

What is the key characteristic of a Minimalist style of decoration in real estate?

<p>Promoting clutter-free living spaces (B)</p> Signup and view all the answers

What does 'Days on the Market' refer to in real estate?

<p>The total number of days a property has been listed for sale (D)</p> Signup and view all the answers

What is the primary role of an escrow holder in real estate transactions?

<p>Holding funds or assets in trust until all conditions are met (D)</p> Signup and view all the answers

'Quaint' real estate properties are often described as:

<p>Original and charming (B)</p> Signup and view all the answers

'Beamed Wood Ceiling' refers to what part of a room?

<p>The upper part of a room constructed with wood beams (A)</p> Signup and view all the answers

What defines an investment property in real estate?

<p>A property purchased as a means to generate income, such as through renting (A)</p> Signup and view all the answers

Match the following real estate terms with their definitions:

<p>Investment Property = Acquisition of a property not for living but for generating income Lakefront = Real estate with a view on a lake Modern = Style of dwelling made with specific materials and environmental standards Minimalist = Return to essential living spaces with simple colors and furniture</p> Signup and view all the answers

Match the following real estate terms with their descriptions:

<p>Escrow Holder = Person entrusted with property in trust to ensure trust deed clauses are respected Days on the Market = Length of time from listing a property for sale to signing a contract Quaint = Property referred to as original, often old and different from current styles Back Up Offer = Prospective buyer submitting an offer in case the current buyer withdraws</p> Signup and view all the answers

Match the following real estate terms with their roles:

<p>Real Estate Agent = Represent two or more parties as intermediary in real estate transactions Purchase and Sale Agreement = Closes real estate transaction followed by property handover Real Estate Market = Market for over-the-counter real estate transactions between owners and buyers Alluring = Real estate property appealing to prospective buyers by charm and qualities</p> Signup and view all the answers

Match the real estate term with its definition:

<p>Buyer’s Agent = Intermediary between parties for real estate purchase Double Vanity = Bathroom fixture with two sinks Equity = Net value of real estate Ensuite bathroom = Bathroom directly connected to a bedroom</p> Signup and view all the answers

Match the real estate term with its description:

<p>Counter offer = Seller's new price offer after buyer's disagreement Fenced = Property surrounded by a separation device Due Diligence = Buyer's period for property checks before sale Historical = Property meeting aging, preservation, and history criteria</p> Signup and view all the answers

Match the real estate term with its feature:

<p>As-is = Property sold without repairs or alterations Conventional Sale = Sale of freehold property without remaining mortgage Beach front = Property located next to the beach Affordable = Property priced within budget</p> Signup and view all the answers

Match the following terms with their definitions:

<p>Tenant = A person occupying a dwelling in exchange for a rent payment to the owner Baseboard = A wall band used to protect its base and cover the meeting point with the ground Fireplace = Place where the fire is situated, usually at the base of the chimney Sofa/Couch = A long upholstered seat with a back and arms, for two or more people</p> Signup and view all the answers

Match the following outdoor features with their descriptions:

<p>Porch = A covered shelter projecting in front of the entrance of a building Deck = An open space that may or may not be tied to a building, made of various materials Gated = Designed to restrict entrance usually by means of physical barriers and controlled gate Roof = The top part of the building that protects it from weather elements</p> Signup and view all the answers

Match the following furniture items with their descriptions:

<p>Table = A piece of furniture with a flat top and one or more legs, used for various activities Carpet = A floor covering made from thick woven fabric Rug = A floor covering typically made of thick woven material or animal skin that does not cover the entire floor area Curtains = Pieces of material suspended at the top to form a screen, typically found at windows</p> Signup and view all the answers

Match the following building components with their functions:

<p>Boiler = Provides heating and/or hot water in a home through various types of systems Ceiling = The upper part of a property that borders its interior space Letterbox - Mailbox = A hole in the door covered by a metal flap for letter deliveries Radiator = A hollow metal device connected to central heating system to heat a room</p> Signup and view all the answers

Match the following terms with their meanings:

<p>Buying a Property = Becoming the owner after paying the cost bid by the seller Renting a Property = Granting use in return for regular payment while remaining the owner Walking Distance = Being close to a specified key location Well-Priced = Price below real value benefiting the buyer</p> Signup and view all the answers

Match the following furniture items with their descriptions:

<p>Ceiling Fan = A fan mounted on the ceiling of a room Table Lamp = A small lamp designed to stand on a table Armchair/Easy Chair = A big, soft, comfortable chair with arms Coffee Table = A small, low table</p> Signup and view all the answers

Match the following kitchen appliances with their functions:

<p>Oven = Chamber for baking, roasting, heating Refrigerator = Keeps food cold Washing Machine = Used for laundry Chest Freezer = Freezes food for storage</p> Signup and view all the answers

Match the following outdoor structures with their purposes:

<p>Shed = Used for garden storage or as a workshop Greenhouse = Glass building for growing plants Garage = Houses a motor vehicle Patio = Paved outdoor area adjoining a house</p> Signup and view all the answers

Match the following decorative items with their functions:

<p>Wallpaper = Paper pasted on walls for decoration Garden Furniture = Furniture placed in a garden Gravel = Loose stones used for pathways or landscaping Pond = Small body of water for aesthetic purposes</p> Signup and view all the answers

Match the following room essentials with their descriptions:

<p>Bedside Table = Small table beside a bed Desk = Furniture with flat or sloping surface for work Sideboard = Flat-topped furniture piece for storage TV Stand = Supports television and media components</p> Signup and view all the answers

Match the following outdoor features with their definitions:

<p>Hedge = Boundary formed by growing bushes or shrubs Path = Way or track laid down for walking Gate = Hinged barrier used to close an opening Lawn = Area of regularly mown grass in a garden</p> Signup and view all the answers

Match the following real estate terms with their descriptions:

<p>Household = All inhabitants of a dwelling, regardless of family ties, main residence Offer = Legal act where buyer expresses willingness to purchase at a given price FHA Loans = Loans by Federal Housing Administration with competitive rates and lower costs Back Up Offer = Prospective buyer submitting an offer in case current buyer withdraws</p> Signup and view all the answers

Match the following furniture items with their descriptions:

<p>Armchair/Easy chair = Big, soft, comfortable chair with arms Coffee table = Small, low table usually placed in a living room Sideboard = Flat-topped furniture piece for storing crockery and glasses Desk = Piece of furniture with a surface for reading, writing, or work</p> Signup and view all the answers

Match the following types of dwellings with their descriptions:

<p>Flat = Housing unit covering only a part of a building, most often located in a city Cottage = Stocky mountain dwelling mainly made of wood with loggias and oversized roof Gated = Designed to restrict entrance usually by physical barriers and private security force Deck = Open space that may or may not be tied to a building, made of various materials</p> Signup and view all the answers

Match the following terms with their meanings:

<p>Walking Distance = In close proximity to a specified key location. Well-Priced = Price of property below its real value benefiting its buyer. Downstairs = Situated on main, lower or ground floor. Upstairs = Situated on an upper floor.</p> Signup and view all the answers

Match the following items with their roles:

<p>X-Car Garage = Reference to garage that can house several cars in real estate sale's advertisement. Accomodation = Act of housing an individual under one's roof, providing food and lodging for a guest temporarily. Buying a Property = Becoming owner after paying cost bid by seller. Selling a Property = Transaction transferring ownership of real estate to another person in exchange for payment.</p> Signup and view all the answers

Match the following staircase components with their functions:

<p>Stairs/Staircase = Set of steps leading from one floor to another inside building. Bannister = Handrail by staircase. Ceiling = Borders upper part of property. Doorbell = Bell rung by visitors outside building.</p> Signup and view all the answers

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