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Real Estate Trivia

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1) What is the legal definition of real estate?

2) What type of person is typically involved in real estate transactions?

3) What are the three main categories of real estate?

4) What is a mortgage loan?

5) What do you call the owner of a property?

6) What is the most common form of ownership for residential real estate?

7) What type of document is typically used to record the transfer of real estate title?

8) What does it mean when a property is said to be encumbered?

9) What type of investments involve ownership in real estate?

10) What type of tax applies to real estate transactions?

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