Chapter 2 : Personal Property Flashcards or example, a buyer may wish to also purchase the seller's washing machine, dryer, or refrigerator. There is a special addendum that must be attached to the...
View study materialChapter 9 Independent Contractor Agreement Flashcards Which of the following parties may be eligible to receive a referral fee for referring a client to broker?A real estate salespersonAn unlicense...
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View study materialReal Estate Terms (The Purchase Contract) Flashcards Purchase Contract/Purchase Agreement/Sales Contractcontract used in the sale of real property that outlines the responsibilities of the parties ...
View study materialReal Estate National Exam 4 Flashcards A property is advertised for sale on the radio. What part of the advertisement involves a trigger term?A. the house is in a neighborhood of beautiful homesB. ...
View study materialState Test 12: Requirements for a Kentucky License Flashcards Which of the following activities requires a real estate license?a. A lawyer handling a real estate closing for his clientb. An individ...
View study materialThe Fee Simple Flashcards Defeasible Fees (F.S. Subject to Executory Limitation)Defintion Automatically divested by an executory interest in a 3rd person(e.g., to school, but if it ceases to use th...
View study material2.2 Personal Property Flashcards What type of property can one have a hard time distinguishing as real vs personal property? Mobile homes because in Texas you can file them as personal and real pro...
View study materialPersonal Property vs. Real Property Flashcards Which is not an appurtenance that belongs to and passes with the land? Reversion Which would be a physical characteristic of land? Uniqueness What are...
View study materialAceable level 2 chapter 2 Flashcards Deed A deed, on the other hand, is a written instrument used specifically to transfer real estate, which the owner (sometimes called the grantor) uses to convey...
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View study materialCh. 13 - Real Property Valuation Flashcards A conversion factor derived from the sales price of a comparable rental property divided by its gross monthly rent. This factor is multiplied by the esti...
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