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Colibri Real Estate Final Exam Questions & Update 13pages

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Colibri Real Estate Final Exam Questions & Update land contract ????????????: buyer pays seller to occupy and use property net lease ????????????: buyer pays rent and other expenses gross lease ????????????: buyer pays only rent goes to heirs ????????????: Tenants in common, 2 of 3 people die. Who gets the property of those who died? Tenant owns it in severality ????????????: Joint Tenancy, 3 of 4 people die. Who gets property of those who died? Client 2 P a g e ????????????: Another word for principal race, nat. origin, sex, color, religion, disability, familial status ????????????: Protected by Fair Housing Act marital status ????????????: Not protected by Fair Housing Act Blockbusting ????????????: telling homeowners that property values will be declining because of ethical/racial makeup is changing flat, paved parking lot ????????????: real estate put to its highest use puffing ????????????: "This is the most prestigious street in town" $5,000 ????????????: maximum fine for first offense name and broker 


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