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

Decks in this class (52)

Concepts Of Property
Bundle of rights 1,
Right a possession 2,
Right of use 3
67  cards
Estates
Freehold estate 1,
Fee simple absolute 2,
Fee simple defeasible 3
23  cards
How Title is Held
Deed and title 1,
Deed 2,
Title 3
57  cards
Restrictions and Encumbrances
Lien 1,
Deed restriction 2,
Encumbrance 3
46  cards
Transferring Ownership
Title who has title 1,
Title longer explanation 2,
Deed 3
89  cards
Public & Private Land Use Control
Randy died without a will and did...,
Condemnation is an example of 2,
Inverse condemnation occurs when 3
49  cards
Agency Basics 1
Agency 1,
Principal 2,
Client 3
51  cards
Agency Basics 2
Independent brokerage 1,
Competing broker 1,
Experience requirements 2
29  cards
Fiduciary Duty
What is a fiduciary duty 1,
As an agent you should always edu...,
Championing 3
43  cards
Agency Forms
Educate the client 1,
Buyer broker agency agreement age...,
Term of agreement 3
65  cards
Understanding Limited Agency
Limited agency 1,
Utah division of real estate webs...,
Another name for limited agency is 3
41  cards
Disclose, Disclose, Disclose
Things to disclose 1,
How disclosures benefit the buyer 2,
How does a seller make a disclosu...
46  cards
Advanced Agency Law
What is agency 1,
Limited agency 2,
Implied agency 3
40  cards
Contract Law 1
Offer 1,
Acceptance 2,
Blank 3
68  cards
Contract Law 2
Statute of frauds 1,
What would prevent a fraud 2,
Power of attorney 3
64  cards
REPC 1
Real estate purchase contract 1,
Utah repc section 1 2,
Purchase price 3
43  cards
REPC 2
The section in the repc specifica...,
The section in the repc dealing w...,
The section in the repc dealing w...
73  cards
Fun w/Forms
The purpose of the transaction do...,
Where can you access important do...,
Why is it crucial to get confirma...
86  cards
The Blank Addendum
Contingent cancellation 1,
Which of the following are true r...,
Notice of cancellation 2
61  cards
Multiple Offers
The myths of multiple offers do n...,
When a listing agent receives mul...,
When a seller is considering whic...
44  cards
Short Sale Contract
The purpose of the short sale dis...,
The short sale disclosure should ...,
A short sale is defined as 3
78  cards
Property Management
A licensee or company responsible...,
The lessor is the a owner of the ...,
The lessee is a the tenant the pe...
55  cards
Lease
Statute of frauds 1,
Lease 2,
Holdover tenancy 3
67  cards
TRID 1
What does trid stand for 1,
What does tila stand for 2,
Truth in lending act 3
42  cards
TRID 2
The loan estimate 1,
Check the spelling of your name 2,
Check loan term purpose product l...
80  cards
Settlement & Closing
Settlement is a is the final step...,
What is the closing process 2,
What are prorations a monetary pa...
30  cards
Title Insurance
Escrow officer 1,
Title insurance 2,
Commitment for title insurance 3
49  cards
Taxation Basics
One of the benefits of home owner...,
Benefits of home ownership 2,
Closing costs paid on a transacti...
48  cards
Mortgage Law 1
What is mortgage law 1,
Title theory 2,
Lien theory 3
30  cards
Mortgage Law 2
______is a loan document provisio...,
An _______ outlines the reasons t...,
5 key clauses 3
42  cards
The Basics of Finance 1
Three basic components 1,
Understanding the parameters as a...,
The primary mortgage market 3
50  cards
The Basics of Finance 2
Why are loans considered a risk 1,
The secondary market 2,
The market for debt 3
56  cards
The Application Process
______ are individuals who work f...,
Pre qualified 2,
What is loan officer 3
40  cards
Loan Programs (pre-licensing)
Forward mortgage 1,
Reverse mortgage 2,
Purchase money mortgage 3
56  cards
How To Think Like An Underwriter
Another name for the loan applica...,
Lets continue about underwriting 2,
Automated underwriting 3
34  cards
Foreclosure
________ is an agreement whereby ...,
Foreclosure 2,
Hypothecation is 3
23  cards
Appraisal 1
Property valuation or land valuat...,
_______ is the amount for which s...,
Definition of appraisal 3
35  cards
Appraisal 2
An appraiser s first job is to 1,
The acronym urar stands for 2,
Which of the following are not ap...
41  cards
CMA & BPO
Bpo 1,
2,
Multiple uses of bpo 3
42  cards
New Construction REPC
The earnest money section of the ...,
Home design can be found in which...,
New construction real estate purc...
45  cards
New Construction Financing
The type of loan made to finance ...,
Pre approval 2,
If a buyer wants to buy a newly c...
41  cards
Math 1
Amortization 1,
Principal 2,
Calculation and paying back of lo...
43  cards
Math 2
Mill 1,
Mill rate 2,
Depreciation 3
37  cards
Fair Housing
Hud stands for a department of ho...,
Fair housing laws accessibility l...,
Fair housing 3
47  cards
Environmental Hazards
Which of the following is an odor...,
2,
Radon 3
53  cards
Federal Law
Ecoa a environmental cooperation ...,
This law made it illegal for a le...,
This law made it illegal for a le...
33  cards
Who is who
The mission of the utah division ...,
The real estate commission is mad...,
The utah division of real estate ...
42  cards
Who needs a license
The application fee for a utah sa...,
A broker is a a realtor b a speci...,
Utah real estate license 3
46  cards
Licensee Conduct 1
Amy agent represents bill buyer h...,
Another way to express substantia...,
Statutes 3
51  cards
Licensee Conduct 2
________ is issued by state gover...,
Pleading guilty or nolo contender...,
Utah division of real estate 3
64  cards
Water, Water, Everywhere
Erosion can be defined as 1,
Utah is the a driest state in the...,
Water rights and water shares spe...
46  cards
State Approved Forms
The fha va addendum is used 1,
State approved forms 2,
Fha na addendum to real estate pu...
72  cards

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Real Estate

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