RealEstateU Course

This class was created by Brainscape user Nikki Gorman.

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Decks in this class (65)

Ch. 1 Key Terms
A licensed individual or firm tha...,
An individual who is licensed to ...,
A licensed real estate broker who...
29  cards
Ch. 1 Activities
Any person who engages in the bus...,
A person associated with a licens...,
A practitioner who has the knowle...
10  cards
Ch. 1 Pt. 1 Quiz License Law and Regulations
Which of the following are you no...,
An appeal brought forth because o...,
Which of the following profession...
30  cards
Ch. 2 Pt. 2 Quiz Law of Agency
As a real estate agent working as...,
If an owner opts not to list his ...,
According to the exclusive right ...
55  cards
Ch. 2 Key Terms
One who undertakes to transact so...,
A broker s agent is an agent that...,
An agent who represents the buyer...
38  cards
Ch. 2 Activities
The salesperson must act in accor...,
The salesperson must safeguard an...,
The salesperson must communicate ...
10  cards
Ch. 2 Pt. 1 Quiz Law of Agency
Andrew has accepted a new job in ...,
An agreement of employment by a b...,
The r in the acronym old car refe...
55  cards
Ch. 2 Pt. 2 Quiz Law of Agency
As a real estate agent working as...,
If an owner opts not to list his ...,
According to the exclusive right ...
55  cards
Ch. 3A Key Terms
Land and generally whatever is er...,
The premise that the ownership of...,
Absolute ownership of real proper...
32  cards
Ch. 3A Activities
Personal property or anything not...,
Personal property so attached to ...,
The right for a property owner to...
9  cards
Ch. 3 A Quiz Legal Issues: Estates & Interests
Which of the following is an exam...,
Why is real property characterize...,
A cause of action that can be bro...
30  cards
Ch. 3B Key Terms
A lien imposed against property w...,
A contractual or consensual lien ...,
An instrument in writing duly exe...
29  cards
Ch. 3B Activities
A lien imposed against property w...,
An easement that benefits the dom...,
This type of easement allows a la...
5  cards
Ch. 3 B Quiz Legal Issues: Liens & Easements
Permission granted by a party to ...,
A mechanic s lien is an example o...,
Something which is outside proper...
25  cards
Ch. 3C Key Terms
The buyer in a transaction 1,
The seller in a transaction 2,
Loss of property through attachme...
40  cards
Ch. 3C Activities
Something of value including mone...,
A term used in describing the bou...,
A clause in a deed or lease that ...
9  cards
Ch. 3C Quiz
The proposition that the contract...,
Acris can be found under which ne...,
Which essential element of a deed...
63  cards
Ch. 3D Key Terms
Legal term for a bundle of rights...,
A title that a court of equity co...,
An examination of the public reco...
12  cards
Ch. 3D Activities
A document commonly used in real ...,
The amount charged as due or owin...,
The sequence of historical transf...
8  cards
Ch. 3D Quiz
Out of state sellers are subject ...,
If the final sales price of a pro...,
A legal term for a bundle of righ...
25  cards
Ch. 4 Key Terms
An agreement in which a tenant is...,
A contract whereby for a consider...,
The interest or estate which a le...
64  cards
Ch. 4 Activities
An agreement created by actions o...,
A state law which provides that c...,
Anything given to induce another ...
10  cards
Ch. 4 Quiz
Which of the following is not a s...,
The right of an owner or a person...,
A contract which has not yet been...
30  cards
Ch. 5 Key Terms
Legal agreement by which a bank l...,
A signed document containing a wr...,
The borrower typically a home own...
58  cards
Ch. 5 Activities
A mortgage which does not amortiz...,
A type of loan used to fund the p...,
A loan secured by real estate whi...
5  cards
Ch. 5 Quiz
A home equity line of credit is t...,
The amount paid by a mortgagor fo...,
Which of the following fixed amor...
49  cards
Ch. 6 Key Terms
Failure to do something at the pr...,
The right of any political body t...,
Written governmental permission f...
41  cards
Ch. 6 Activities
The right of any political body t...,
Regulations established by state ...,
The authorization to improve or d...
10  cards
Ch. 3 Quiz
Which of the following is not an ...,
This law regulates the sale of va...,
Which of the following is issued ...
30  cards
Ch. 7 Key Terms
Architectural drawings that descr...,
A document provided by architects...,
A small scale sewage treatment sy...
39  cards
Ch. 7A Activities
Rounded columns that serve as a s...,
A primary horizontal structural e...,
The part of the building structur...
10  cards
Ch. 7A Quiz
A horizontal structural member th...,
A small scale sewage treatment sy...,
A structure which does not includ...
20  cards
Ch. 7B Key Terms
Federal law designed to control a...,
A fluid containing hydrocarbons t...,
Enacted in 1974 a federal law int...
30  cards
Ch. 7B Activities
Moderately toxic gases or liquids...,
A fungus that grows in the form o...,
A colorless odorless viscous liqu...
10  cards
Ch. 7B Quiz
Which part of the federal code ex...,
When is a phase 2 environmental a...,
What is the minimum distance a we...
30  cards
Ch. 8 Key Terms
An estimate of a property s value...,
The process of estimating market ...,
A valuation placed upon property ...
26  cards
Ch. 8 Activities
The total dollar expenditure for ...,
Costs that support a construction...,
The cost of labor and materials i...
5  cards
Ch. 8 Quiz
A property evaluation that determ...,
Which of the following should not...,
The amount a purchaser agrees to ...
30  cards
Ch. 9 Activities
What is the purpose of the ada 1,
Which of the following is a descr...,
Which of the following is a descr...
9  cards
Ch. 9 Quiz 1
What is the main difference betwe...,
Maria a real estate developer is ...,
Which of the following is true ab...
59  cards
Ch. 10 Key Terms
A sum due a real estate broker fo...,
Equal to one percent of a loan am...,
A measure of land equaling 43 560...
11  cards
Ch. 11 Key Terms
A local elected or appointed gove...,
A local appointed board that has ...,
Oversees and upholds the quality ...
12  cards
Ch. 11 Activities
This was established to review pr...,
A local elected or appointed gove...,
A town or city agency that overse...
7  cards
Ch. 11 Quiz
Which of the following is not con...,
Who has the power to veto bills p...,
Which of the following is respons...
28  cards
Ch. 12 Key Terms
Provides protection against most ...,
Insurance policy that combines co...,
Policy that covers civil liabilit...
22  cards
Ch. 12 Quiz
An ho 5 policy is also known as w...,
An insurance policy that combines...,
Blank 3
11  cards
Ch. 13 Quiz
Which of the following should not...,
For real estate agents liability ...,
Where should an agent meet with a...
10  cards
Ch. 14 Key Terms
A valuation placed upon property ...,
A charge against real estate made...,
A city county town or village wit...
14  cards
Ch. 4 Activities
A geographic area in which the ma...,
A proceeding against the reality ...,
An assessment of tax is known as_...
10  cards
Ch. 14 Quiz
A proceeding against the reality ...,
The total market value of a munic...,
What is one reason a property own...
27  cards
Ch. 15 Key Terms
A dwelling unit owned by a corpor...,
A loan in which shares of stock a...,
A lease given by a corporation to...
24  cards
Ch. 15 Activities
Purchase price 6 540 000 noi 359 ...,
Purchase price 2 500 000 noi 125 ...,
Purchase price 5 525 000 noi 392 ...
10  cards
Ch. 15 Quiz/Ch. 16 Key Terms
When purchasing a cooperative apa...,
Michael would like to renovate hi...,
The annual budget of a cooperativ...
81  cards
Ch. 16 Activities
Blank 1,
Income and expense statement in o...
2  cards
Ch. 16 Quiz 1
How is a multi family property va...,
A profit on an investment over a ...,
Which of the following is an exam...
56  cards
Ch. 16 Quiz 2
When is a pro forma conducted by ...,
The amount of rent that a landlor...,
If a landlord would like to pass ...
73  cards
Ch. 17 Key Terms
A method of calculating the depre...,
An income deduction that allows a...,
A profit that results from a the ...
14  cards
Ch. 17 Key Terms
A profit that results from the sa...,
An income deduction that allows a...,
Income for which services have be...
10  cards
Ch. 17 Quiz
Operations income does not includ...,
When depreciation is subtracted f...,
Under the taxpayer relief act of ...
37  cards
Ch. 18 Key Terms
A company individual or instituti...,
An intermediary who brings mortga...,
An evaluation of a potential borr...
11  cards
Ch. 18 Activities
Money set aside by a property own...,
An amount of money set aside by t...,
A document that sets forth the du...
5  cards
Ch. 18 Quiz
Which of the following is the nex...,
Your client would like to obtain ...,
A written notice from the bank or...
14  cards
Ch. 19 Key Terms
The administration of residential...,
A contract between the owner of a...,
A manager of a property who lives...
23  cards
Ch, 19 Quiz
Blank 1,
A highly designed residential pro...,
What is the total monthly rent ro...
19  cards
Glossary
0  cards

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RealEstateU Course

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