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

Decks in this class (30)

Real Estate Glossary
240 volt service,
Absorption,
Abstract of title
139  cards
Chapter 1 - The Real Estate Business
The real estate industry is regul...,
People in real estate business wh...,
In addition to specifying who mus...
19  cards
Chapter 2 - Rights in Real Estate
Simple definition of real estate,
The legal concept of land encompa...,
Parcel or tract
56  cards
Chapter 3 - Interests and Estates
An interest in real estate that d...,
An estate for period to period wi...,
The distinguishing feature of a l...
49  cards
Chapter 4 - Ownership
Three people have identical right...,
A unique feature of a land trust ...,
A _____ may hold an owner liable ...
52  cards
Chapter 5 - Encumbrances and Liens
Easements and encroachments are t...,
A court might grant an easement b...,
Types of junior liens
85  cards
Chapter 6 - Transferring and Recording Title to Real Estate
If a person dies with no legal he...,
With the exception of a torrens c...,
The fundamental purpose of record...
99  cards
Chapter 7 - Real Estate Leases
One of the aims of the uniform re...,
A primary theme of the uniform re...,
In accordance with statute of frauds
72  cards
Chapter 8 - Land Use Planning and Control
In most jurisdictions the master ...,
To be valid a local zoning ordina...,
The approval process for the deve...
125  cards
Chapter 9 - Legal Descriptions
The legal description of a parcel...,
How many sections are there in a ...,
A datum is a reference point used...
27  cards
Chapter 10 - Real Estate Contract Law
According to contract law every v...,
A seller immediately accepts a bu...,
The guardian for a mentally incom...
55  cards
Chapter 11 - Agency
The most primary of relationships...,
Law of agency defines and regulat...,
The laws of agency are distinct f...
68  cards
Chapter 12 - Listing Agreements
A listing agreement the document ...,
The unique characteristic of a li...,
The cornerstones of agency law in...
83  cards
Chapter 13 - The Brokerage Business
A broker is reviewing the balance...,
_____ is a valid distinction betw...,
The three principal brokerage fir...
37  cards
Chapter 14 - Contracts for the sale of real estate
Several buyers are competing for ...,
A tenant exercises an option to b...,
A sale contract contains an open ...
42  cards
Chapter 15 - Real Estate Market Economics
The foremost factor contributing ...,
Price is best described as,
A construction boom in a market i...
32  cards
Chapter 16 - Appraising and Estimating Market Value
In appraisal loss of value in a p...,
As a component of real estate val...,
The cost of constructing a functi...
6  cards
Chapter 17 - Real Estate Finance
A lender is charging 3 points on ...,
Best expresses the mechanics of a...,
A lender who charges a rate of in...
9  cards
Chapter 18 - Real Estate Investment
Two of the rewards that investmen...,
Which of the following is true of...,
As a general rule in deriving tax...
4  cards
Chapter 19 - Real Estate Taxation
The ad valorem tax base of a muni...,
A homeowner s total tax bill is d...,
A special tax district might be c...
4  cards
Chapter 20 - Professional Practices
An agent informs numerous familie...,
A condominium complex prohibits o...,
Laws or rulings extended discrimi...
10  cards
Chapter 24 - Property Management
How does a constructive eviction ...,
The americans with disabilities a...,
Property managers have a _______ ...
5  cards
Sales person 1
A lender is charging 3 points on ...,
The purpose of a homestead tax ex...,
A condominium owner can
3  cards
Environmental Issues
A lead based paint disclosure for...,
The three major health effects as...,
Asbestos can usually be found in ...
7  cards
statutory laws
What items cannot be deducted fro...,
Vacant land disclosures are requi...,
Megan s law is the name of a fede...
7  cards
Federal Laws
If you are the injured party due ...,
When a discrimination complaint i...,
The last time the ftc amended the...
5  cards
brokerage disclosure
You have completed a listing agre...,
The purpose of the brokerage disc...,
Your attorney has drafted a new b...
4  cards
working with buyers
A hallmark of the style is a broa...,
A member of the victorian family ...,
This style enjoyed a revival in t...
10  cards
working with sellers
An exclusive right to sell listin...,
Agents and brokers prepare this d...,
This is essentially a less sophis...
7  cards
contracts and offers
They are complete there is nothin...,
An offer terminates by any of the...,
In which situation would an agenc...
28  cards

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WY Real Eatate

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