Real Estate Principles & Practices Prep Updated for 20th Edition

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

Decks in this class (23)

Chapter 1 Vocabulary/Definitions
Broker,
Licensee,
Market
5  cards
Unit 1 Intro to Real Estate Business
What is a brokerage,
What is a broker,
What is a licensee
25  cards
Unit 2 Real Property & the Law
What is land,
What is real estate,
What is an improvement
29  cards
Unit 3 Interests in Real Estate
What are the 4 government powers,
What is a freehold estate,
What is fee simple
25  cards
Unit 4 Forms of Real Estate Ownership
What are the three types of real ...,
What is ownership is severalty,
What are the four types of ownership
27  cards
Unit 5 Land Description
What is a legal description,
What is a survey,
What are the 3 types of describin...
25  cards
Unit 6 Transfer of Title
What does title mean in real estate,
What is voluntary alienation,
What is a deed
41  cards
Unit 7 Title Records
What is recording,
What principle determines the pri...,
What is constructive notice
15  cards
Unit 8 Real Estate Brokerage
When is a commission earned,
What is a real estate salesperson,
When is a brokers commission earned
21  cards
Unit 9 Agency
What is the law of agency,
What is an agent,
What is a principal
34  cards
Unit 10 Client Representation Agreements
What is an exclusive right to sel...,
What is an exclusive listing,
What is an open listing
13  cards
Unit 11 Real Estate Contracts
What is a valid contract,
What must a contract have,
What is a bilateral contract
35  cards
Unit 12 Real Estate Financing
What is a mortgage,
Who are the mortgagor and mortgagee,
What is title theory
35  cards
Unit 13 Government Involvement in Real Estate Financing: Practice
What role does the federal reserv...,
What is the primary mortgage market,
What is the secondary mortgage ma...
29  cards
Unit 14 Closing the Real Estate Transaction
What is respa,
What is the payoff statement,
What is the abstract of title
17  cards
Unit 15 Real Estate Taxes and Liens
What is a lien,
What are the 4 types of liens vise,
What is a voluntary lien
35  cards
Unit 16 Real Estate Appraisal
What is an appraisal,
What is a competitive market anal...,
What is a broker price opinion
28  cards
Unit 17 Leases
What is the statue of fraud,
What is a reversionary are right,
What is a reversionary right
22  cards
UNIT 18 Fair Housing
What is housing,
What is familial status,
What is disability
23  cards
UNIT 19 Property Management
What is a property manager,
What is a management plan,
What is a management agreement
14  cards
Unit 20 Land-Use Controls and Property Development
What is zoning,
What is zoning ordinance,
What is pud
21  cards
Until 21 Environmental Issues and the Real Estate Transaction
What is asbestos,
What is encapsulation,
What is lead
15  cards
Chapter 7 Interests in Real Estate
What are the 4 government powers,
What is eminent domain,
What is condemnation
41  cards

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Real Estate Principles & Practices Prep Updated for 20th Edition

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