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Getting your real estate license is an exciting time! Thinking about your real estate exam prep, though, can be nerve-wracking. If you’re like many aspiring real estate agents, it’s likely been a few ...
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HousingWire: Free real estate practice exam + 7 study hacks to ace the real estate exam
Free real estate practice exam + 7 study hacks to ace the real estate exam
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specifically : one of the great classes (such as the nobility, the clergy, and the commons) formerly vested with distinct political powers. : the degree, quality, nature, and extent of one's interest in land or other property. also : vineyard. Noun His estate is worth millions of dollars.
The word estate is mostly used to mean a massive and fabulous house on a big piece of land. When you own an estate, it usually means you have a whole lot of money to go along with it.
In land law, the term "estate" is a remnant of the English feudal system, which created a complex hierarchy of estates and interests in land. The allodial or fee simple interest is the most complete ownership that one can have of property in the common law system.