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View Study MaterialDelaware - Real Estate State Exam Practice Flashcards Stan and Laura own a mobile home located in the Delaware Downs Mobile Home Park. When the park's owner gives them notice that the park is up fo...
View Study MaterialReal Estate - Level 8, Chapter 3 - Classifications of Agency Flashcards usually given via a power of attorney universal agency Universal agency is usually granted via a(n): power of attorney Agency...
View Study MaterialRisk Management (WA Real Estate Continuing Education 2021) Flashcards A) Water stains on walls or ceilings Determining the value of a property by analyzing similar sales of like-properties is calle...
View Study Material1-Introduction to real estate Flashcards topography contour of landex: hilly land not good to build on condominium a property developed for co ownership, with each co owner having a separate intere...
View Study MaterialPA Exam Recap Flashcards Martha enters into a buyer's agency agreement with Dale. She tells him that she plans to operate a beauty shop from her home, Dale neglects to check with the city to determ...
View Study MaterialPSI National Exam for Real Estate Flashcards Usury laws were enacted to protect the borrower Which of the following is usually prorated at closing?1. Homeowners association fees.2. Property taxes.3...
View Study MaterialRET Computrainer Master Exam #2--Flash Cards Flashcards A broker presented an offer to a seller which met the terms of the listing from a financially-qualified black person. Later, his salesperson ...
View Study MaterialMontana real estate exam Flashcards When my broker wait longer than the specified time to deposit earnest money? When the purchase agreement provides otherwise Certificates of water rate transfer f...
View Study MaterialREAL ESTATE CONTRACTS: Lesson 7-Essential elements of a contract/Defects/Termination/Statute of Frauds Flashcards After acceptance Other than in Louisiana, when does an offer become irrevocable? Co...
View Study MaterialTexas Real Estate National Exam Test Prep Multiple Choice Flashcards When does an offer become a contract?a. when it is accepted and acceptance is communicatedb. when it is acceptedc. when it is cl...
View Study MaterialUnit 8 Flashcards There are two vacant adjacent lots, each worth approximately $50,000. If their owner sells them as a single lot, however, the combined parcel will be worth $120,000. What principl...
View Study MaterialModule 2- Chapter 4 Flashcards Regulation of special land types- Flood zones -The National Flood Insurance Program (NFIP)-The program enables property owners in participating communities to purchas...
View Study Material7 steps in the appraisal process 14 Flashcards 3. Collect and analyze data General data: National, Regional, City, neighborhood, economic, social, governmentSpecific Data: subject property and comp...
View Study MaterialDefinitions of the Acronym MARIA Flashcards Bill of Sale/ Agreement A bill of sale or an agreement in the purchase contract meets these requirementsEX: refrigerators, washers, dryers, and other app...
View Study MaterialReal Estate Principles Chapters 1-15 Exam Prep Flashcards Someone who receives real property is known as thedevisor.grantee.mortgagee.grantor granteeA conveyance of real estate is called a grant; t...
View Study MaterialPDF document: Lesson 2 Real Estate Appraisal Flashcards
View Study MaterialReal Estate Practice, Edition 9, Chapter 3 Quiz Flashcards A fiduciary relationship applies to a real estate licensee and to his or her principal. (Relationship of Trust.) The proper order of the s...
View Study MaterialNH State Material Real Estate Exam Flashcards A housing discrimination charge must be filed with the NH Human Rights Commission within:A. 6 months of the date of discoveryB. 180 days after the alle...
View Study MaterialColorado forms and contracts Flashcards Counterproposal Terminate the offer and creates a new oneCounter proposal must be attached to the original offeroffered ( usually the seller) does not sign t...
View Study MaterialUnit 5: Estate at will & Estate at sufferance Flashcards What is estate at will? An estate that gives the lessee the right to possession until the estate is terminated by either party; the term of ...
View Study MaterialNational Exam - Practice of Real Estate Flashcards According to the Truth-in-Lending Act, if any "trigger terms" are used in an ad, all of the following disclosures MUST appear in the ad EXCEPT the...
View Study MaterialFL Real Estate Exam Practice Questions Flashcards The DBPR is authorized to investigate a written complaint filed against a licensee... if the alleged complaint is legally sufficient A licensed sal...
View Study MaterialWyoming Law - Real Estate Broker Exam Test Prep Flashcards Which of the following statements would be true in regards to broker responsibilities The broker is required to be available to manage and...
View Study MaterialCT Real Estate Licensing Practice Exam Flashcards A contract has been drawn which obliges the sellers to convey title to their land to the buyers if the buyers come up with $22,000 on or before Dec...
View Study MaterialPDF document: Alabama Reciprocal Real Estate Test Flashcards
View Study MaterialAlabama Reciprocal Study Guide Flashcards If a salesperson wants to transfer to a different qualifying broker, he/she must provide written notification to _____. the Commission and his/her former b...
View Study MaterialTexas Real Estate Exam (State) Flashcards mediation a mediator hears both sides of a dispute and tries to help the parties come to an agreement salesperson's sponsoring broker responsible to the TR...
View Study MaterialPDF document: Texas Real Estate Exam STATE Portion Flashcards
View Study MaterialLicense Law and Rules of the Ohio Real Estate Commission**** Flashcards Superintendent The administrator of the Real Estate License Law and the Division of Real Estate. Inactive License status of a...
View Study MaterialUnit 2 Quiz Flashcards A homeowner planted a rose bush on the property and plans to remove it when the house is sold. This provision is necessary because the rose bush ordinarily is considered to b...
View Study MaterialPDF document: L9C4 Role Of An Agent In A Real Estate Transaction
View Study MaterialReal Estate - Level 9, Chapter 4 - Subagency and No Agency Flashcards The client has an exclusive agency relationship with only the named individuals in the agency agreement - designated agency coo...
View Study MaterialOK Real Estate Test (PSI Test Questions) Flashcards The seller makes a counteroffer. The Buyer accepts and decides to reply using "snail mail". When is a valid purchase contract created using the p...
View Study MaterialOklahoma Real Estate Portion // PSI Real Estate Test Flashcards What are the entities that are excluded from the state's real estate license requirements? -Any party that acquires and or sells real...
View Study MaterialPDF document: Real Estate Part 3 Unit 26 (Legislative Issues) Fl
View Study MaterialCh. 12 Flashcards Must real estate properties for sale be listed only on TREC-approved real estate sites? The answer is no, TREC only has authority over license holders. While license-holder websit...
View Study MaterialGold Coast School Real Estate Questions Ch.1-19 Flashcards If the sale of a business involves the transfer of ownership of shares of stock, what additional requirement is imposed?A. The real estate...
View Study MaterialVirginia Real Estate License Exam Flashcards If the Board receives a written complaint regarding the actions of a regulant, what is the first thing the Board will do? Review the complaint for possi...
View Study MaterialTX REAL ESTATE EXAM PREP-MATH PROBLEMS Flashcards COST BASIS:When there is an existing assessment lien against a property and the buyer assumes that lien, the cost basis of the property is then the...
View Study MaterialPDF document: The Florida Real Estate Commission (FREC) License
View Study MaterialPDF document: Unit 4 The Florida Real Estate Commission (FREC) F
View Study MaterialIllinois Real Estate Exam Flashcards Licensees who allow their licenses to expire have how long to reinstate their licenses? Up to two years; then licensees must start over To comply with the Resid...
View Study MaterialDisclosures - WI Real Estate Flashcards Sellers, landlords, and real estate agents are required to include a ______ in the contract or lease if the real estate was built prior to 1978.Denial of res...
View Study MaterialKAPLAN TEST ONE Flashcards The purpose of the National Association of REALTORS® is to keep members up to date on current housing trends, legal issues, and brokerage business practices. Equal Credi...
View Study MaterialColorado Real Estate - All of Colibri Real Estate Content Flashcards What is an interval estate? A leasehold granted by contract or membership fee for the right to use an airspace (unit) for a spec...
View Study MaterialAccession Flashcards Avulsion When land is lost due to sudden acts of nature such as floods or earthquakes. Accession Is the acquisition of title to land by its addition to real estate already owne...
View Study MaterialReal Estate final exam practice (Pearson VUE) Flashcards straight-term mortgage pays only interest during term and at end of term pay full amoung categories of mortgage -conventional: secured by re...
View Study MaterialPearson Vue Real Estate Practice Exam Flashcards In addition to real property, pledging a freestanding stove and refrigerator as security for a loan is an example of which of the following mortgage...
View Study MaterialMaryland Real Estate (Law) Practice Exam Flashcards Which of the following is FALSE concerning the required three-hour continuing education course in supervision and Agency courses for license rene...
View Study MaterialMaryland Real Estate Practice Exam Flashcards When a complaint is referred for investigation what must take place before a hearing is held? notice must be served, personally or by certified mail, o...
View Study MaterialFlorida Real Estate Sales Associate 28 hour Reactivation Course Flashcards Owner-developer An unlicensed entity that sells, exchanges, or leases its own property (like a sub-division developer). It...
View Study MaterialCommercial Real Estate Basics Flashcards What are 2 main ways to profit off CRE? 1. rental income2. capital gains (appreciation above purchase price) What term best describes a rate of return that ...
View Study MaterialCommercial Real Estate Fundamentals Flashcards Light Industrial - less customization- Usually warehouse faciliites in industrial parks- desgined for businesses to have customers on site for trasnac...
View Study MaterialPDF document: Lesson 1 Texas Contract Law Flashcards
View Study MaterialMO Real Estate Salesperson Exam - State Portion - PSI QUESTIONS Flashcards A Seller accepts her offer on her home for 60,000. At the time of the offer, a 2,000 earnest money check is deposited. Pre...
View Study MaterialCourse 1, Level 3 Quiz and definitions Flashcards Commingling Commingling is the act of mixing the broker's personal or business funds with escrow funds. A broader definition of commingling include...
View Study MaterialACC 333 Exam 2 CH 6-9 Flashcards Why is it that a company changes auditors is a red flag for potential fraudulent financial reporting? If there is a change of an auditor during an audit period, the...
View Study MaterialCommercial Real Estate Terms Flashcards Request For Proposal (RFP) Written request from the tenant or real estate broker to the landlord for information on leasing the building. Open Listing A list...
View Study MaterialHawaii State Real Estate Questions Flashcards A brokerage firm may associate or employ a salesperson or broker- salesperson who resides on an island different from that of the principal place of bu...
View Study MaterialMO Real Estate Exam Practice Flashcards Special Purpose Deeds =used for diff purposes, to convey certain interests, or by certain parties-D OF Trust: convey prop to 3rd party as collateral for loan...
View Study MaterialReal Estate Course 1 Practice Exam - Aceable Agent Flashcards The drawing of a development indicating the locations and dimensions of lots in a lot and block system is called a: Plat Flowing water ...
View Study MaterialIndiana State Real Estate Exam Flashcards the Indiana real estate commission may do all of the following EXCEPT spend the licensee renewal fees for commission purposes to obtain a corporation licen...
View Study Material28 Hour Reactivation Unit 1 Flashcards Part II of 475 Pertains to appraisers. Quasi judicial FL Statue 20 Chapter 20 Establishes the structure of the executive branch of Florida's government If you...
View Study MaterialReal Estate Appraisal: Chapter 11 Reconciliation and Final Value Estimate Flashcards *Reconciliation An appraiser develops several different indicators of the subject property's value.Those indicat...
View Study MaterialPDF document: Ch 11 Reconciliation Flashcards
View Study MaterialMO State R/E Exam Flashcards If a civil penalty is not timely paid to the Missouri Real Estate Commission (MREC), the commission shall do what?-Notify the attorney general.-Notify the governor.-Sue...
View Study MaterialMissouri Real Estate License Law Review Flashcards Title Theory In terms of financing involved for a real estate purchase, which custom is practiced in Missouri? The broker's regular business name ...
View Study MaterialMaryland RE Licensing Requirements Flashcards Becoming a Associate Broker -Must meet the above requirements as well as receive a written commitment from a broker stating that firm will allow the li...
View Study Material5 Real Estate/ severance/ annexation/ maria/ ucc/Estate at sufferance Flashcards Homestead A type of estate that gives the owner special rights in property used as a family home (not valid in all s...
View Study MaterialPDF document: Mississippi Real Estate License Law Flashcards
View Study MaterialS1 C10: Unit 1: Contract Types and Their Legal Effects Flashcards Two intoxicated co-workers sign a contract in which they agree to marry each other if they're both still single when they reach age...
View Study MaterialOhio real estate (state-specific crammer) Flashcards Informal hearing is to be beld with regard to a complaint filed against real estate agent, the initial hearing shall be beard bya. an investigat...
View Study MaterialPDF document: 2021 South Carolina PSI Real Estate Exam Prep Ques
View Study MaterialSC Real Estate PSI Exam Review Flashcards Listing and Buyer Representation agreements SC LAW 40-57-135 (D) (a)-(l):The agreements must state the amount of compensation to be paid or method to calcu...
View Study MaterialPDF document: SC PSI Real Estate Exam Prep Flashcards
View Study MaterialPDF document: Real Estate Trust Fund Handling Flashcards
View Study MaterialGA real estate math exam Flashcards Cost Approach Formula Value = Land value + (Improvements + Capital additions - Depreciation) Land value = $50,000; home replacement cost = $150,000; new garage a...
View Study MaterialNJ Real Estate Exam - PRACTICE EXAM/MATH QUESTIONS Flashcards If the tenant exercises his option to buy, can he force the landlord to sell? YES If a broker is expecting to receive 6% commission on ...
View Study MaterialChapter 2 Section 9 Alienation, Wills and Deeds Flashcards Alienation is a term referring to any type of transfer of ownership of real property. It can be accomplished voluntarily by a deed or will...
View Study MaterialTexas Promulgated Contract Forms Flashcards The buyer If a buyer living in the property under a Buyer's Temporary Residential Lease can make alterations to the property...- as they see fit since th...
View Study MaterialGA REAL ESTATE EXAM PREP / HARD Flashcards All of the following, exist in GeorgiaEXCEPT. Ad valorem Taxation, Special Assessments, Statutory Right of Redemption, Equitable Right of Redemption Statu...
View Study MaterialNC Real Estate Exam Practice Questions Flashcards A buyer signs a copy of the Vacation Rental Addendum that is included in an Offer to Purchase and Contract. The buyer's agent: has 3 calendar days ...
View Study MaterialChapter 1 - The Real Estate Business Flashcards Which real estate professional is expected to have the greatest level of knowledge and experience? A real estate counselor Which action can a real es...
View Study MaterialPDF document: Utah Real Estate Exam Prep Flashcards
View Study MaterialPrinciples and Practices of Hawaiian Real Estate Flashcards One of the advantages of a joint tenancy is thatA) It cannot be terminated without the consent of each tenantB) Tenants may own different...
View Study MaterialPDF document: Unit 1 Real Estate Flashcards
View Study MaterialChapter 5- What Is Real Estate? Flashcards Subsurface rights ownership of minerals, oil and so on The Bundle of Rights of ownership of Real Estate would include which of the following a. Taxationb....
View Study MaterialModern Real Estate Practice 21st Edition (Practice Exam 2) Flashcards In one commercial building, a tenant intends to start a small health food shop. An identical, adjacent building houses a showro...
View Study MaterialModern Real Estate Practice 21st Edition Unit 2 Flashcards Which Belong to owners of land along a flowing body of water Riparian Rights Items of a real property that can become personal property.Se...
View Study MaterialModern Real Estate Practice 21st Edition Flashcards Water rights Common law rights held by owners of land adjacent to rivers, lakes, or oceans; includes restrictions on those rights of land ownersh...
View Study MaterialPSI REAL ESTATE SALESPERSON PRACTICE EXAM Flashcards A salesperson lists a property with a contract that allows for subagency and dual agency. The salesperson is1. an independent contractor to the ...
View Study MaterialUnit 2 Exam Flashcards Which qualification is required for a Florida real estate license? The answer is Social Security number. A U.S. Social Security number is required to apply for a real estate ...
View Study MaterialSection 2: Getting a Real Estate License in Washington Flashcards What happens if they qualify and pass the exam? The DOL will review the and verify the information and then notify out-of-state app...
View Study MaterialSection 22: Tax Aspects of Property Ownership in Delaware Flashcards Ownership Life Cycle: Acquisition Stage -Points deduction-Tax credits-Penalty-free early IRA distribution options for first time...
View Study MaterialCh. 1 Flashcards The maximum time allowed an applicant to take the salesperson's examination is:A) Five hoursB) One and one-half hoursC) Three hours and 15 minutesD) As long as the applicant wishes...
View Study MaterialReal Estate Continuing Education Practice Questions Flashcards T/F: A transaction broker owes loyalty to her buyer.False; Loyalty is a duty of a single agent. A transaction broker provides limited ...
View Study MaterialINDIANA REAL ESTATE (STATE EXAM PREP) Flashcards what is the investigative fund max balance $750,000 anything more goes to the states general fund at the end of the year if there is a complaint fil...
View Study MaterialIndiana Real Estate Exam Flashcards A brokers commission is specified in the ______ with the principal. contract adjustment date The date the interest rate changes on an adjustable-rate mortgage. a...
View Study MaterialAlabama License Law Exam Questions Flashcards The meaning and salient characteristics of the agency relationship should be disclosed to the clientA. prior to completing a listing agreementB. prior ...
View Study MaterialColorado psi real estate practice test Flashcards A broker supplies the financing for a project to build condominiums with the stipulation that he has the exclusive right to sell the completed cond...
View Study MaterialUtah Real Estate License Requirements Flashcards what do you have to do to qualify for a Utah real estate license through a reciprocity agreement fill out a reciprocity application, have a certifie...
View Study MaterialReal Estate Sales License Exam - Rhode Island Flashcards Open listing or Non-exclusive listing - Seller can employ any number of brokers- Commission goes to the broker who produces a ready, willing...
View Study MaterialUtah portion of the Real Estate exam Flashcards A real estate agent wishes to hire other real estate agents to work with them in a team. What is required in order for them to do this? They must get...
View Study MaterialReal Estate CT: specific principles and practices Flashcards If there is a transaction without a lawyer, what happens to the deed and where does it go record it with the town What does the CT Landl...
View Study MaterialMontana Real Estate Exam - State Portion Flashcards When is it permissible to communicate directly with a seller you don't represent who's represented by a different agent? If you've already made a...
View Study MaterialMontana Law - state portion of exam Flashcards Who is NOT required to have a real estate license?>Owners or Lessors selling or leasing their OWN property.>Auctioneers employed by an owner.>Anyone a...
View Study MaterialPDF document: GEORGIA REAL ESTATE POST LICENSE COURSE Flashcards
View Study MaterialPDF document: 25 Hour Post Georgia Real Estate License Course Fl
View Study MaterialTexas Real Estate Licensing Exam Prep (Purvis) Flashcards What is the subject of Form 1-4? The form states that real estate firms are licensed and regulated by TREC and any complaints or inquiries ...
View Study MaterialPDF document: Colibri Real Estate Exam Flashcards
View Study MaterialPDF document: Chapter 3 Broker Responsibilities Flashcards
View Study MaterialPDF document: Bilateral Vs Unilateral Contracts (option Agreeme
View Study MaterialWashington Real Estate Exam Practice Questions - State Flashcards The REALTOR® Code of Ethics Rachel, a REALTOR®, is transferring her Washington broker's license to a new firm. She calls all of h...
View Study MaterialKansas Real Estate Test Flashcards a buyer gives a salesperson earnest money regarding an offer to purchase contract. the salesperson places the earnest money in the brokerage's business account. t...
View Study MaterialPDF document: Texas Real Estate Licensing Act Flashcards
View Study MaterialPDF document: Comprehensive Study Materials For Florida Gold Coa
View Study MaterialReal Property & Bundle of Rights Flashcards real estate Land, plus all the things permanently attached to it, naturally or artificially. reliction The gradual receding of water, which uncovers new ...
View Study MaterialChapter 17: real estate appraisal Flashcards Thin market Only a few buyers and a few sellers Fictional depreciation Allowed Depreciation deduction on income taxes as incentive to invest in property...
View Study Materialsection 4 chapter 3 Flashcards The comparison approach to appraisal is based on the principle of:Select one:a. Contributionb. Progression and regressionc. Substitutiond. Anticipation Substitution U...
View Study MaterialChapter 8 - Freehold Estates Flashcards Reservation (Voluntary Life Estates) The grantor (owner) transfers ownership but retains possession (life estate) for the grantor's own life.Example: A paren...
View Study MaterialUnit 5: Types of Real Estate Ownership Lesson 1: Freehold vs. Leasehold Estates Flashcards Fee on condition (or fee simple subject to a condition subsequent) estate: Another type of fee simple defe...
View Study MaterialReal Estate Exam Prep (Champions; Texas) Flashcards freehold estate ownership. Ownership with the greatest bundle of rights is called Fee Simple of Fee Simple Absolute. installed often indicates a ...
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View Study MaterialPDF document: Real Estate Exam MO National Study Flashcards
View Study MaterialFlorida Reciprocal License Flashcards The initial license period is: 18-24 mo Broker with a listing on a speculative home has advertised Free round-trip airfare to the Bahamas to purchaser. This is...
View Study MaterialReal estate Re-fresh Flashcards Both condos and town houses have common spaces that all residents can use. What controls those spaces? The HOA. When a new property owner acquires land subject to an...
View Study MaterialChapter 4- Texas Deceptive Trade Practices & the Consumer Protection Act Flashcards General Information and Notice to a Buyer (TAR 1506).This form does a great job of educating buyers by pointing o...
View Study MaterialPDF document: Section 12 Texas Deceptive Trade Practices And Con
View Study MaterialPDF document: Exam Prep (McKissock) Flashcards
View Study MaterialGA real-estate cram course Flashcards Client Duties include CareObedienceAccountingLoyaltyDisclosureConfidentiality according to BRRETA, duties owed to a client are by law and any expressed in an a...
View Study MaterialTennessee National Portion REAL ESTATE EXAM Flashcards A corporation is a legal entity that can buy and sell real estate as set out in its charter. Property owned by a married person can belong to ...
View Study MaterialNational Real Estate Exam Chapter 1 Flashcards Annexation the process of attaching or installing a fixture Easement allows for limited use or enjoyment of another's land-use without possessioncan b...
View Study MaterialReal Estate Practice Multiple Choice Questions Flashcards The most distinctive feature of the Georgian style is the:a. mansard roof.b. gambrel roof and Dutch doors.c diamond-paned windows and half-...
View Study MaterialNational Real Estate Exam: Leases and Property Management Flashcards Waste improper use or abuse of property by one in possession of land, who hols less than the fee estate. Waste impairs value of ...
View Study MaterialTexas Real Estate Exam (National) Flashcards acceleration clause in the event of default the whole amount of the principal becomes due and payable economic characteristics of land (SAFE) -situs-alt...
View Study MaterialNational Real Estate Exam: Financing Flashcards ARMs The interest rate in such a loan may be adjusted at periodic intervals during the term of the loan, based on a predetermined formula tied to an ...
View Study MaterialREAL ESTATE NATIONAL EXAM QUESTIONS POST TEST Flashcards Question #31 of 80Question ID: 1425578When does title transfer?A)When the grantor delivers a valid deed to the granteeB)When both the granto...
View Study MaterialNational Real Estate Exam: Agency Flashcards Hired by sellers agent to act as the seller's agent.dual agent the communication of a fact that was believed or known to be false a person can collect d...
View Study MaterialLouisiana Real Estate Practice Exams (National) Flashcards Depreciation is calculated based on the: cost of the building only A four-bedroom house with one bathroom carries a market value of $120,0...
View Study MaterialCE Shop National Exam Flashcards The Johnsons have owned a small restaurant for more than 20 years. It's open for lunch and dinner six days a week, and 80% of its weekday revenue comes from the hap...
View Study MaterialNational Real Estate Exam Prep Flashcards Ownership of the common areas of condominiums is most likely to be:a. joint tenancyb. tenancy by the entiretyc. tenancy in commond. sole ownership c. tenan...
View Study MaterialNational PSI Broker Exam prep Flashcards A listing agent for bank foreclosure hears that a buyer has expressed interest. At the first meeting, the buyer states, "I am very interested in the propert...
View Study MaterialPA Real Estate National Exam Flashcards Which of the following is required for a valid contract?Offer and acceptance, consideration, competent parties, legal purpose A top producing agent hires an ...
View Study MaterialReal estate appraisal principles and procedures Flashcards VALUING THE SITE ASITE VALUATIONis an estimate of value of a property, excluding the value of any existing or proposed improvements MILE O...
View Study MaterialPrinciples of Real Estate Chp.6-Test Flashcards Divide the income a property generates by a rate of returnA certified appraiser is one who has received certification by its susceptibility to swings...
View Study MaterialPDF document: Financing Real Estate Flashcards
View Study MaterialModern Real Estate Practice in North Carolina (10th Edition) Unit 8 Flashcards a listing based on the net price the seller will receive if the property is sold. Under a net listing the broker can o...
View Study MaterialModern Real Estate Practice in NC Unit 1 (10th Edition) Flashcards real property The land plus permanent improvements and the interests, benefits, and rights inherent in real estate ownership. tene...
View Study MaterialModern real estate practice in North Carolina 10th edition unit 1 key terms Flashcards Chattel Personal property Non-provisional broker A North Carolina real estatelicensee that has completed the 9...
View Study MaterialReal Estate Course Unit 5 Flashcards The section marked A is which of the following?A) Government lotB) Section 31C) Section 36D) School section The answer is Section 36. Starting with the upper le...
View Study MaterialUnit 1: Modern Real Estate Practice in Illinois Flashcards 2.) In general, when the supply of a certain commodity increases,A.) prices tend to riseB.) prices tend to dropC.) demand tends to riseD.)...
View Study MaterialModern Real Estate Practice in Illinois 11th Edition (Chapter 1) Flashcards Special Purpose Property churches, schools, cemeteries, and government-held lands Sponsoring Broker employs licensees Dem...
View Study MaterialModern Real Estate Practice in Illinois Chapter 11 Flashcards A contract is said to be bilateral if all parties to the contract are bound to act A man and a woman sign a contract under which the ma...
View Study MaterialModern Real Estate Practice in Illinois - 11th Edition - Terms Flashcards Accretion The increase or addition of land by the deposit of sand or soil washed up naturally from a river, lake, or sea. A...
View Study MaterialKentucky State Real Estate Practice Exam (Ky Law) Flashcards The Kentucky Real Estate Commission is NOT responsible for the following activities commission or fee dispute arbitrations. How many clo...
View Study MaterialMichigan real estate law Flashcards Which is not a type of agency recognized in Michigan?Undisclosed dual agency When a licensed broker changes his or her place of business The Department could cho...
View Study MaterialNJ Real Estate Section 2 Flashcards Terry, an unlicensed assistant, is asked over the telephone, "How many bedrooms are there in that house at 78 Oak Street?" Terry is allowed toa) read from the de...
View Study MaterialFlorida Real Estate Math Formulas (Sales Associate) Flashcards Estimated market value rental income x market area GRM = estimated market value Total obligations ratio (TOR) for FHA total monthly ob...
View Study MaterialGa Real Estate math formulas/equations Flashcards Property tax Market value × assessment rate= assessment valueAssessment value × mill rate= annual tax Interest and principle Loan amount × inter...
View Study MaterialMath Formulas NC Real Estate Flashcards Real Property Tax (Assessed Value / 100) X Tax Rate = Annual Taxes(Assessed Value / 1000) X Mill Rate = Annual Taxes Loan To Value LA/Sale Price =LTV Loan Or...
View Study MaterialKentucky Real Estate Commission Flashcards Denial of license or any other disciplinary action - Appeal - Stay of judgment pending appeal Any party aggrieved by the action of the commission in refus...
View Study MaterialLaw & Practice 7 Flashcards The accumulation of several contiguous properties under one ownership, thus creating a large parcel of proportionate greater value, involves:a) depreciationb) plottagec)...
View Study MaterialMaryland Real Estate Law Flashcards Understanding Whom Real Estate Agents Represent Needs to be provided to prospective client no later than first face-to-face meeting statute Laws voted into law b...
View Study MaterialPDF Download CNA PROMETRIC SKILLS (FLORIDA) EXAM QUESTIONS Actual Qs and Ans Expert-Verified Explanation This Exam contains: -Guarantee passing score -36 Questions and Answers -format set of multip...
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