The Arizona Purchase Contract - Flashcards Flashcards Seller carryback A seller financing transaction in which the seller carries a portion of the buyer's loan USDA financing U.S. Department of Agr...
View study materialUnit 9 Quiz Flashcards The brokerage deposits trust funds into the firm's operations account. This is an example of conversion, commingling, proper accounting, fraud commingling; trust funds must b...
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View study materialChapter 13 (BLS) Flashcards 3 Requirements for Mutual Mistake? 1) The mistake relates to a basic assumption on which the contract was made2) The mistake has a material effect on the agreed-upon exc...
View study materialCh. 4 - Real Estate Brokerage and Law of Agency Flashcards Express Agency An agency relationship created by oral or written agreement between principal and the agent. This Act protects consumers ag...
View study materialPrinciples of RE I: Real Estate Brokerage and Law of Agency Flashcards What is the definition of an unconscionable action?DTPA defines an unconscionable action as one that "takes advantage of the l...
View study materialChapter 7 Unit 3: Three Approaches to Value Flashcards The Cost Approach: Reproduction Cost to replace with the same materials as the original construction Incurable vs. Curable the deterioration o...
View study materialPDF document: RealEstateU Texas Real Estate Principles Part 1 Fi
View study materialConversion vs Commingling Flashcards Commingling Mixing escrow funds with personal funds Commingling is mixing client funds with your own; conversion is using them. What is the difference between c...
View study materialRE Chap 10 Flashcards If leased equipment is to be included in the listing agreement terms upon a sale, the lessor must be notified of the change of ownership by The answer is the seller. If leased...
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