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 All 19 topics
25 terms beginning with C
Showing 19 to 25
C
Contracts and leases
Contingency
A contract condition that must be satisfied or waived for a stated obligation to become final or continue.
Open term guideLicense law
Conversion
Wrongful exercise of control over another person's money or property that seriously interferes with that person's rights.
Open term guideCondominiums and cooperatives
Cooperative
A housing arrangement in which a corporation owns the real property and occupants own shares tied to proprietary leases.
Open term guideValuation
Cost approach
A valuation approach that adds land value to the depreciated cost of the improvements.
Open term guideContracts and leases
Counteroffer
A response that rejects an offer and proposes different terms.
Open term guideMunicipal government
County clerk
The county official or office that maintains specified public records, including land records recorded for property in the county.
Open term guideAgency
Customer
A person who receives services from a licensee but is not represented by that licensee as an agent.
Open term guide