LicenseIQ

Real estate vocabulary

Real estate glossary

Plain-English definitions, exam tips and examples.

L

Land Court (Hawaii Torrens System)

(HI)

Leasehold Property (Hawaii)

(HI)

Limited Dual Agency and Assigned Agents (Idaho)

(ID)

Limited Agency and In-House Agency (Indiana)

(IN)

Louisiana Real Estate Commission (LREC)

(LA)

land

land contract

land trust

latent defect

lead-based paint disclosure

lease

leasehold estate

legal description

legal purpose

legal title

lenders title policy

lessee

lessor

leverage

license

license revocation

lien

lien theory

life estate

life estate pur autre vie

limited liability company

limited partnership

liquidated damages

lis pendens

listing agreement

littoral rights

Loan Estimate

loan payoff

loan-to-value ratio

lot and block system

loyalty

Limited Agency and Buyer's Limited Agent Default (Nebraska)

(NE)

Licensee Material Condition Disclosure (Rea 701.02)

(NH)

Limited Agency (Utah)

(UT)

Limited Dual Agent (Washington)

(WA)