The flashcards below were created by user
batkinson
on FreezingBlue Flashcards.
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Residential Property
Single family, duplex to quadraplex and multi family which is 5 units or more.
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Commercial Property
All types of retail, wholesales, shopping, offices, restaurants, hotels and theaters.
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Industrial Property
Mini warehouses, regular ware houses, manufacturing, land zoned industrial
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Agricultural Property
Farms, timberland, ranches and orchards.
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Special Purpose Property
Churches, Schools, government buildings, government land held, cemeteries.
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Subdivision
Splitting a parcel of land into smaller parcels.
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Developing
Construction of improvements. Off-site include water, sewer lines on public land. On-site include homes, offices, swimming pools, etc.
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Define Property Management
Dedicated to rental and leasing of real property. Help other realize the highest profit consistent with owners' instruction.
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Define Associated Licensee
A licensed real estate salesman, broker or property manager whose license is held by a BIC or PMIC
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