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2018 RE Mid-Term

QuestionAnswer
Broker a state-licensed AGENT who, for a fee, acts for property owners in real estate transactions, within the scope of state law.
Agent One who acts or has the power to act for another
Supply and Demand
higher prices will increase supply, reduce demand, or both Lower quantities demanded will reduce prices.
ACCRETION the addition to land through processes of nature, such as deposits of soil carried by streams.
EROSION the gradual wearing away of land through processes of nature, as by streams and winds.
AVULSION the sudden removal of land from one parcel to another, when a body of water, such as a river, abruptly changes its channel.
Created by: SheSmart2018