This class was created by Brainscape user Joshua Madden. Visit their profile to learn more about the creator.

Decks in this class (24)

Chapter 1: The Real Estate Business
Property management and real esta...,
People in the real estate busines...,
The term commercial property gene...
7  cards
Chapter 2: Rights in Real Estate
What guarantees the right to priv...,
Which of the following is the bes...,
Which of the following is include...
22  cards
Chapter 3: Interests & Estates
An interest in real estate is bes...,
Encumbrances and police powers are,
What distinguishes a freehold est...
13  cards
Chapter 4: Ownership
When a single individual or entit...,
Three people have identical right...,
The four unities required to crea...
11  cards
Chapter 5: Encumbrances and Liens
Easements and encroachments are t...,
An affirmative easement gives the...,
There are two adjoining propertie...
20  cards
Chapter 6: Transferring and Recording Title to Real Estate
Which of the following best descr...,
A person claims ownership of a pa...,
Constructive notice of ownership ...
20  cards
Chapter 7: Real Estate Leases
A lease contract is best describe...,
When a tenant acquires a leasehol...,
When an owner leases her property...
16  cards
Chapter 8: Land Use Planning and Control
A central goal of public land use...,
The best definition of a master p...,
The principal mechanism for imple...
20  cards
Chapter 9: Legal Descriptions
What is the principal purpose und...,
Which of the following is a disti...,
A certain legal description conta...
13  cards
Chapter 10: Real Estate Contract Law
An important legal feature of a c...,
According to contract law every v...,
The guardian for a mentally incom...
18  cards
Chapter 11: Agency
The essence of the agency relatio...,
In an agency relationship the pri...,
A principal and powers an agent t...
20  cards
Chapter 12: Listing Agreements
To be valid a listing agreement,
The type of listing that assures ...,
An owner agrees to pay a broker f...
13  cards
Chapter 13: The Brokerage Business
Which of the following represents...,
What is co brokerage,
Which of the following best summa...
28  cards
Chapter 14: Contracts for the Sale of Real Estate
Several buyers are competing for ...,
An owner completes a contract to ...,
During the executory of a sale co...
16  cards
Chapter 15: Real Estate Market Economics
Price is best described as,
Four principal determinants of va...,
A town has a rapidly growing popu...
11  cards
Chapter 16: Appraising and Estimating Market Value
As a component of real estate val...,
The highest and best use of a pro...,
The concept of market value is be...
21  cards
Chapter 17: Real Estate Finance
A homeowner borrows money from a ...,
Which of the following best expre...,
In a deed of trust transaction wh...
32  cards
Chapter 18: Real Estate Investment
All investors desire their invest...,
Two of the rewards that investmen...,
And investor invest in 15 diversi...
13  cards
Chapter 19: Real Estate Taxation
Which of the following is true wi...,
According to law states,
The role of local tax districts i...
14  cards
Chapter 20: Ethics; Laws and Practices
The principal theme of federal fa...,
It is illegal to discriminate and...,
Which of the following laws are r...
15  cards
Chapter 21: Closings
The purpose of the closing event ...,
A buyers financing arrangements a...,
The real estate settlement proced...
14  cards
Chapter 22: Licensing & Regulation
In which of the following cases w...,
A license applicant signs up to t...,
A broker operates an office in a ...
7  cards
Chapter 23: Risk Management
Of the following wrist management...,
Insurance as a method of,
How does disclosure manage risk
20  cards
Chapter 24: Property Management
Property managers have a ________...,
One of the property managers fund...,
Effective gross income is defined as
18  cards

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Real Estate

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