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  2. Real estate license - Wikipedia

    en.wikipedia.org/wiki/Real_estate_license

    A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...

  3. Fixture (property law) - Wikipedia

    en.wikipedia.org/wiki/Fixture_(property_law)

    By deduction, therefore, a trade fixture is not a fixture at all. Its name is misleading, since a fixture, by definition, is real property that must remain with the real estate when a seller sells it or a tenant leaves her lease. A trade "fixture" is not real property, but personal property of the tenant. The landlord does have some protection.

  4. Fixture unit - Wikipedia

    en.wikipedia.org/wiki/Fixture_unit

    A Fixture Unit is not a flow rate unit but a design factor. A fixture unit is equal to 1 cubic foot (0.028 m 3) of water drained in a 1 + 1 ⁄ 4 inches (32 mm) diameter pipe over one minute. [2] One cubic foot of water is roughly 7.48 US gallons (28.3 L; 6.23 imp gal). A Fixture Unit is used in plumbing design for both water supply and waste ...

  5. Floor area ratio - Wikipedia

    en.wikipedia.org/wiki/Floor_area_ratio

    Floor area ratio (FAR) is the ratio of a building's total floor area (gross floor area) to the size of the piece of land upon which it is built. It is often used as one of the regulations in city planning along with the building-to-land ratio. [ 1 ]

  6. Association of Real Estate License Law Officials - Wikipedia

    en.wikipedia.org/wiki/Association_of_Real_Estate...

    The Association of Real Estate License Law Officials (ARELLO), founded in 1930 in Canada, supports regulatory agencies in the administration and enforcement of real estate license (or registration) laws in their respective jurisdictions. Among its positions, the organization encourages licensure and education recognition between jurisdictions.

  7. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    Any potential use must be physically possible given the size, shape, topography, and other characteristics of the site. For example, a 40,000-square-foot (3,700 m 2 ) single story warehouse would not fit on a 10,000-square-foot (930 m 2 ) site; therefore, that use would fail the physical possibility test.

  8. Fixer-upper - Wikipedia

    en.wikipedia.org/wiki/Fixer-Upper

    In real estate vernacular, a fixer-upper is a property that will require repair (redecoration, reconstruction, or redesign), though it usually can be lived in or used as it is. They are popular with buyers who wish to raise the property's potential value to get a return on their investment (a practice known as flipping ), or as a starter home ...

  9. Furniture, fixtures and equipment (accounting) - Wikipedia

    en.wikipedia.org/wiki/Furniture,_fixtures_and...

    Furniture, fixtures, and equipment (or FF&E) (sometimes Furniture, furnishings, and equipment [1] [2]) is an accounting term used in valuing, selling, or liquidating a company or a building. FF&E are movable furniture , fixtures , or other equipment that have no permanent connection to the structure of a building or utilities. [ 3 ]

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