Licensing Flashcards
Pick a career and flip through original flashcards built from the real vocabulary of the job — terms like agency, fiduciary, proration, standard precautions and ADL — then print a deck to study anywhere.
Click a card to flip it. Terms and definitions are original and cover the real vocabulary of this career.
LicenseFig · Flashcards
🏠 Real Estate Salesperson — vocabulary deck (16 cards)
- Agency — The legal relationship in which an agent acts for a principal (the client) in a real estate transaction.
- Fiduciary duty — The duty to act in the client’s best interest — including loyalty, confidentiality and full disclosure.
- Proration — Splitting ongoing expenses like property taxes between buyer and seller at closing, based on days of ownership.
- Loan-to-value (LTV) — Loan amount divided by appraised value, shown as a percentage — e.g., $200k ÷ $250k = 80%.
- Earnest money — A good-faith deposit the buyer makes with the offer; held in escrow and credited at closing.
- Contingency — A condition that must be met for the contract to stand, such as financing or a home sale.
- Escrow — A neutral holding account for funds and documents during the transaction.
- Dual agency — Representing both buyer and seller in one transaction — only allowed with written consent in states that permit it.
- Disclosure — The seller’s legal duty to reveal known material defects that affect the property’s value or safety.
- Amortization — Paying off a loan in regular installments of principal and interest over a set term.
- Appraisal — A professional opinion of market value by a qualified appraiser — not a home inspection.
- Commission — The fee paid to the broker, typically a percentage of the sale price, split between listing and selling sides.
- Cap rate — Net operating income divided by property value — a measure of investment return on income properties.
- Listing agreement — The contract authorizing a broker to market and sell a property on the owner’s behalf.
- Material fact — Information that would affect a buyer’s decision or the property’s value — it must be disclosed.
- Closing — The final step where ownership transfers, funds are exchanged and documents are signed and recorded.
Vocabulary is real industry terminology with original definitions, for study purposes. Exam wording and definitions vary by state and vendor — verify with your prep materials and state board.
FAQ
What terms are in the real estate flashcard deck?
The real estate deck covers the vocabulary you’ll actually meet: agency, fiduciary duty, proration, loan-to-value, earnest money, contingency, escrow, dual agency, disclosure, amortization and more — 16 original cards with plain-language definitions.
What is in the CNA flashcard deck?
The CNA deck covers standard precautions, HIPAA, ADLs, vital signs, PPE, pressure injuries, body mechanics and the nurse aide registry — the terminology used in nurse aide training and exams.
How do the flashcards work?
Click a card to flip between the term and its definition. Use “Flip all” and “Reset all” for quick review sessions. Print renders every card as term + definition, so a printed deck works offline too.
Are the definitions official?
The terms are real industry terminology and the definitions are original, written in plain English for study. Exam wording and definitions vary by state and vendor — cross-check with your prep materials and state board.
Vocabulary is real industry terminology with original definitions for study. Exam wording varies by state and vendor — verify with your prep materials and state board.
Next on the licensing road
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