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Decks in this class (25)
Land, Real Estate, Real Property
______ is defined as the earths s...,
Includes everything in the defini...,
Artificial attachments such as fe...
21
cards
Real Estate Characteristics and Rights
This common term is used to expla...,
What are lands physical components,
Both land and water rights
22
cards
Describing Real Estate
Surveying the land does the follo...,
A description of the land that sp...,
A professional on site measuremen...
29
cards
Types of Encumbrances
Any claim or lien on the property...,
A lien due to a court decree resu...,
A legal notice that a lawsuit is ...
35
cards
Types of Real Estate Ownership
____ means ownership or interest ...,
Home ownership for an undetermine...,
The right of possession without o...
45
cards
Trusts
A special relationship called a f...,
The person who creates the trust,
The person who carries out the tr...
9
cards
Business Types
A business of one,
When only one person owns a piece...,
Partnership where either of you m...
13
cards
Cooperative vs. Condominium
Owned commonly as personal proper...,
Residents sign a voluntary agreem...,
Rely on our declarations to defin...
3
cards
Agency Creation, Disclosure, Termination
Someone who acts on someone else ...,
Once you agree to be someones age...,
A person who s in a position of t...
11
cards
Appraisal Basics
An ___ is the opinion or estimate...,
The price at which a willing buye...,
Whats included in a appraisal
43
cards
Appraisal Approaches
This approach uses a process of c...,
The sales comparison approach rel...,
Steps when conducting the sales c...
37
cards
Appraisal Regulations
A __ is one in which the loan wil...,
A national organization comprised...,
Requires that federally related a...
19
cards
Broker-Salesperson
An antitrust violation to suggest...,
Refers to who started the chain o...,
A clause that requires the client...
5
cards
Antitrust Laws
Antitrust violation involve,
Prohibits monopolies and collusiv...,
Supports the sherman act by prohi...
10
cards
Private Land Use
Private control includes such thi...,
A ____ limits the use or appearan...,
___ are contingencies in which a ...
20
cards
Public Land Use
__ is one that s subordinate to t...,
The use of a dwelling or an attac...,
Other zoning classifications
15
cards
Local Land Use Planning and Zoning in Maryland
This plan inventories the communi...,
Budgeting for long term projects,
Regulate the zoning and permitted...
14
cards
Federal Fair Housing Laws
Recognized all persons born in th...,
In 1962 president john f kennedy ...,
Prohibited discrimination based o...
28
cards
Contract Types and Maryland Statutes
Types of contracts,
A stated written or oral agreemen...,
A contract that is based on the a...
13
cards
Contract Performance
When both parties agree to cancel...,
When one party cancels against th...,
If the other party is not going t...
12
cards
Types of Agents and Agency Relationships in Maryland
Responsible for all dealings with...,
Limited authority to act on behal...,
Someone who is empowered to do an...
5
cards
Mortgage
The borrower receives the deed bu...,
The borrower holds the title and ...,
A promissory note should include
21
cards
Maryland Financing
Lenders must generally research a...,
A mortgage loan that meets specif...,
Where loans are sold held and ser...
25
cards
Types of Leasehold Estates in Maryland
0
cards
Property Condition, Disclosures, Inspections and Warranties
Sellers aren t obligated to point...,
A report not only helps home insu...
2
cards
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Real Estate
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