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 Real estate finance
3 terms in Real estate finance beginning with P
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P
Real estate finance
Points
Upfront charges expressed as a percentage of the loan amount. Discount points are tied to a reduced interest rate.
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Private mortgage insurance
Insurance that protects a conventional mortgage lender against certain borrower default risk.
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Promissory note
A borrower's written promise to repay a debt under stated terms.
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