LicenseIQ
FeaturesStatesPricingExtension
Resources
Practice testsGlossaryToolsBlog
Sign inStart free

Real estate vocabulary

Real estate glossary

Plain-English definitions, exam tips and examples.

GlossaryCalculatorsAll practice tests
ABCDEFGHIJKLMNOPQRSTUVWXYZ

O

obedience

offer

Ohio Dower

(OH)

Ohio Real Estate Commission

(OH)

Ohio Real Estate Recovery Fund

(OH)

Oklahoma Broker Relationships Act

(OK)

Oklahoma Real Estate Commission (OREC)

(OK)

OLDCAR

open listing

option contract

optionee

optionor

Oregon Real Estate Agency (OREA)

(OR)

origination fee

ostensible agency

owners title policy

Option Fee and Option Period (Texas)

(TX)
LicenseIQ

Product

AI coachCoursePractice + mocksChrome extensionPricingHow it worksFeaturesLicensing guides

Resources

Free practice testsGlossaryCalculators + toolsBlogLicense cost by stateExam pass rates

States by region

Northeast · New JerseyMidwest · IllinoisSouth · TexasWest · WyomingAll 51 jurisdictions

Company

ListIQ (sister company)AboutFor schools + brokeragesContact

Legal

PrivacyTermsExtension privacyCookies + storageRefunds + cancellationAcceptable useAI disclosureAccessibilityCopyrightSecurityDo Not Sell or Share My Personal Information

Support

Install + pairAccount settingsFAQSupport

Independent study tool, not affiliated with any state commission or testing vendor. Always verify current rules with your state regulator.

© 2026 IQ Realty Labs. LicenseIQ is a product of IQ Realty Labs.

Edit with