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,
Write a possession,
Right of use
67  cards
Estates
Freehold estate,
Fee simple absolute,
Fee simple defeasible
23  cards
How Title is Held
Deed and title,
Deed,
Title
57  cards
Restrictions and Encumbrances
Lien,
Deed restriction,
Encumbrance
46  cards
Transferring Ownership
Title,
Title longer explanation,
Deed
89  cards
Public & Private Land Use Control
Randy died without a will and did...,
Condemnation is an example of a e...,
Nverse condemnation occurs when a...
49  cards
Agency Basics 1
Agency,
Principal,
Client
51  cards
Agency Basics 2
Independent brokerage,
Competing broker,
Experience requirements
29  cards
Fiduciary Duty
What is a fiduciary duty a a lega...,
As an agent you should always edu...,
Championing
43  cards
Agency Forms
Educate the client,
Buyer broker agency agreement age...,
Term of agreement
65  cards
Understanding Limited Agency
Limited agency,
Utah division of real estate website,
Another name for limited agency i...
41  cards
Disclose, Disclose, Disclose
Things to disclose,
How disclosures benefit the buyer,
How does a seller make a disclosure
46  cards
Advanced Agency Law
What is agency,
Limited agency,
Implied agency
40  cards
Contract Law 1
Offer,
Acceptance,
68  cards
Contract Law 2
Statute of frauds,
What would prevent a fraud,
Power of attorney
64  cards
REPC 1
Real estate purchase contract,
Utah repc section 1,
Purchase price
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 cancellationaddendum,
Which of the following are true r...,
Notice of cancellation
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 a a qu...
78  cards
Property Management
A licensee or company responsible...,
The lessor is thea owner of the p...,
The lessee is a the tenant the pe...
55  cards
Lease
Statute of frauds,
Lease,
Holdover tenancy
67  cards
TRID 1
What does trid stand for,
What does tila stand for,
Truth in lending act
42  cards
TRID 2
The loan estimate,
Check the spelling of your name,
Check loan term purpose product l...
80  cards
Settlement & Closing
Settlement is a is the final step...,
What is the closing process a is ...,
What are prorations a monetary pa...
30  cards
Title Insurance
Escrow officer,
Title insurance,
Commitment for title insurance
49  cards
Taxation Basics
One of the benefits of home owner...,
Benefits of home ownership,
Closing costs paid on a transacti...
48  cards
Mortgage Law 1
What is mortgage law,
Title theory,
Lien theory
30  cards
Mortgage Law 2
______is a loan document provisio...,
An _______ outlines the reasons t...,
5 key clauses
42  cards
The Basics of Finance 1
Three basic components,
Understanding the parameters as a...,
The primary mortgage market
50  cards
The Basics of Finance 2
Why are loans considered a risk a...,
The secondary market,
The market for debt
56  cards
The Application Process
______ are individuals who work f...,
Pre qualified,
What is loan officer
40  cards
Loan Programs (pre-licensing)
Forward mortgage,
Reverse mortgage,
Purchase money mortgage
56  cards
How To Think Like An Underwriter
Another name for the loan applica...,
Lets continue about underwriting,
Automated underwriting
34  cards
Foreclosure
________ is an agreement whereby ...,
Foreclosure,
Hypothecation is
23  cards
Appraisal 1
Property valuation or land valuat...,
_______ is the amount for which s...,
Definition of appraisal
35  cards
Appraisal 2
An appraiser s first job is to a ...,
The acronym urar stands for a uni...,
Which of the following are not ap...
41  cards
CMA & BPO
Cma bpo,
Сма,
Multiple uses of bpo
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,
If a buyer wants to buy a newly c...
41  cards
Math 1
Amortization,
Principal,
Calculation and paying back of loans
43  cards
Math 2
Mill,
Mill rate,
Depreciation
37  cards
Fair Housing
Hud stands for a department of ho...,
Fair housing laws accessibility laws,
Fair housing
47  cards
Environmental Hazards
Which of the following is an odor...,
Ера,
Radon
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
46  cards
Licensee Conduct 1
Amy agent represents bill buyer h...,
Another way to express substantia...,
Statutes
51  cards
Licensee Conduct 2
________ is issued by state gover...,
Pleading guilty or nolo contender...,
Utah division of real estate
64  cards
Water, Water, Everywhere
Erosion can be defined as a an in...,
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 a for...,
State approved forms,
Fha na addendum to real estate pu...
72  cards

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Real Estate

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