New York real estate glossary
Know the term. Understand the rule.
Search 189 exam terms from all 19 New York salesperson curriculum subjects. Every definition opens into a sourced guide with an exam cue, a practical example and the distinction students often miss.
How to use this glossary
Read the short definition first. Then open the term for the exam pattern, New York example and common mix-up.
Filter by topic Property rights and title
14 terms in Property rights and title
Showing 1 to 14
D
E
F
Property rights and title
Fee simple
The broadest private ownership estate, potentially lasting indefinitely and subject to government powers and private restrictions.
Open term guideProperty rights and title
Fixture
An item that began as personal property but is treated as part of the real property because of attachment, adaptation and intent.
Open term guideJ
L
M
R
T
Property rights and title
Tenancy by the entirety
A form of ownership available to married spouses that includes survivorship and protections tied to the marital unit.
Open term guideProperty rights and title
Tenancy in common
Concurrent ownership in which each co-owner holds an undivided interest without an automatic right of survivorship.
Open term guideProperty rights and title
Title
The legal ownership interest in real property, together with the rights that ownership carries.
Open term guideProperty rights and title
Title insurance
Insurance that protects against covered title defects under the terms and exceptions of the policy.
Open term guide