Cram.com [2021]

real estate Flashcards

a couple apply for a new 30-year fixed-rate mortgage of $195,000. The mortgage principal and interest payment factor is $.005522. Taxes for the year are $4,800 and insurance is $2,400. What will they pay in monthly payments (PITI) Sales associates' first customers when starting in real estate …

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Real Estate Flashcards

(Just Now) After real estate has been sold by the state or county to satisfy a delinquent tax lien, the defaulted owner usually has a right to a. have the sale canceled by paying the back taxes and penalties. b. pay his or her creditors directly and have their liens removed. c. redeem the property within the time specified by law. d.

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real estate exam Flashcards

(6 days ago) generic term refers to anyone who has a real estate license. This is a key person, must have a broker's license to perform activities like sell a house. allowed to perform activities that require a license and must work under a broker. has a broker's license …

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Real Estate Flashcards

(Just Now) The Real Estate Settlement Procedures Act does all the following for most home sales involving mortgage financing EXCEPT: A. Requires the use of a uniform or standard closing statement. B. Prohibits “kick-backs” for settlement related services. C. Requires disclosure of APR (annual percentage rate) for the mortgage loan.

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Real Estate National Exam Flashcards

(6 days ago) A court-order judgement that requires a debtor to pay the balance on a delinquent charge account, and which can be filed in the county where the debtor owns property. Would create an involuntary, equitable lien on the debtor’s real estate. General lien. Affects all the property both real and personal if a debtor.

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PA REAL ESTATE EXAM Flashcards

(8 days ago) Managing real estate is an activity included in the definition of a real estate broker provided in the license law, so a company will need a license (201). Licensed attorneys, partnerships acting as owners of property, and resident managers employed by owners of multifamily residential properties are excluded from the license law (304).

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REAL PROPERTY MNEMONICS Flashcards

(3 days ago) T – Type of chattel that generally becomes part of real estate I – Intent of person installing chattel (whether it was intended to be permanently installed, or the person intended to subsequently remove it). P – The parties’ relationship

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Michigan Real Estate Exam Flashcards

(4 days ago) Real Estate offices must make available even if not client. If purchaser signs offer without disclosure may back out and get deposit back. Agent's Duty . Disclose defects KNOWN to agent or should have been known. State Position RE: Disclosure

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Florida Real Estate Exam Flashcards

(3 days ago) A real estate broker who is a member of a local board of REALTORS® and is affiliated with the state association (Florida Association of REALTORS®) and the National Association of REALTORS® (not synonymous with "real estate agent").

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Elements of real property Flashcards

(5 days ago) Chattle Real (Lease Ownership in a Co-op) Proprietary Lease gives the owner the right to occupy the unit for the life of the co-op. Owner gets stock (Personal Property) rather than real estate and all shareholders are responsible for the entire project.

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Real Estate Vocabulary Words Flashcards

(7 days ago) The business of bringing people together in a real estate transaction. A person or company hired to maintain and manage property on behalf of it's owner. Is the business of providing the funds that make real estate transactions possible. Is the splitting of a single property into smaller parcels.

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Real Estate Multiple Choice Questions Flashcards

(7 days ago) A real estate auction where the property must be sold to the highest bidder, no matter how low the final bid, is called a(n): A. no-sale auction. B. illusory auction. C. …

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Real Estate Principles and Practices Chapter 1-4

(6 days ago) 1. When the Real Estate Commission permanently withdraws a real estate agent's license. This is the status that is given when a licensee allows their license to remain in a state of suspension for more than 12 months.

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BC Real Estate Flashcards

(4 days ago) Real property consists of land and whatever is. erected, growing upon or affixed to the land. An estate is an abstract legal concept. What does this mean? There is no tangible/visible existence with an “estate in land.”. It is a concept that gives one limited rights to use the land. “doctrine of estates”.

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PA REAL ESTATE EXAM Flashcards

(9 days ago) A real estate company has entered into agency agreements with both a seller and a buyer. The buyer is interested in making an offer on the seller's property. Can this occur? 1. No, because the real estate company would then be a dual agent. 2. Yes, as long as written agency agreements have been entered into with both parties.

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Real Property Interests (61 Cards) Flashcards

(5 days ago) * Levies real estate taxes * Controls specific usage. Ex - property assessing, zoning, building permits, tax levies. Judicial Regulation of Property Interests (2 points) *Applies case law and common law to disputes * Contrasts with statutory law. Possessory Interests in land is.

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Real Estate Midterm 1 Flashcards

(Just Now) A sale of real proeperty in exchange for another parcel of real estate, to effect a non-taxable gain . Tax-deferred exchange . A phrase that means that the time limits of a contract must be faithfully observed or the contract is voidable "Time is of the essence"

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NC Real Estate Broker Pre-licensing Exam Glossary Terms

(4 days ago) A listing contract under which the owner appoints a real estate broker as his or her exclusive agent for a designated period of time to sell the property, on the owner's stated terms, for a commission. The owner must pay the agent, regardless of who finds the buyer. This is the most common agreement used.

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Law of Agency Flashcards

(3 days ago) A real estate brokerage firm that practices buyer agency only has a lot of intermediary transaction. false _____ means that, if a single agent in the firm is working with both buyer and seller, another agent in the firm needs to be brought into the transaction so appointments can be made.

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PA Real Estate Fundamentals Flashcards

(7 days ago) The PA Real Estate Commission or its authorized representatives may conduct a routine inspection of the main office or branch office of a broker, cemetery broker or rental listing referral agent no more than how many times a year. A - One . B - Two. C- Three. D - Four. D - Four .

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Real Property Characteristics Flashcards

(8 days ago) The trust owns the real estate property passing taxation through to individual investors. The trustee manages the property for the benefit of the investors. The investors receive a certificate of ownership that can be sold to another investor. Real Property: Land; the surface of the earth and whatever is erected upon, growing upon, or affixed

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New York Real Estate Exam practice questions Flashcards

(4 days ago) A real estate salesperson who prepares a fill-in-the-blanks contract of sale can avoid the unlawful practice of law: A. if he makes disclosure and obtains informed consent from all parties. B. if he is a notary public. C. by including in the contract a condition making the contract subject to approval by each party's attorney.

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NC Real Estate Exam Acronyms Flashcards

(8 days ago) Value Of Real Estate . Extensive debate can be found in real estate appraisal literature over the definition of value. While real estate appraisers aim to measure the market value Uniform Standards Alone Will Produce Un-Uniform Financial Reporting . 12-14).

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Ch 4: Estates & Interests in Real Property Flashcards

(Just Now) Automatic life estate, given to surviving spouse, 1/3 portion of real estate & 1/3 absolute interest in personal property.. Dower and curtesy rights arise upon the death of a spouse. Dower is a wife's interest in her husband's property upon his death. It is a portion of a deceased husband's real property, usually 1/3, that a widow is legally entitled to use during her lifetime to support

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Real Estate Finance Test Questions Flashcards

(9 days ago) The party that gives a deed of reconveyance when a real estate loan is repaid is the. c. trustee. a. mortgagor. b. trustor. c. trustee. d. mortgagee. A developer received a loan that covers five parcels of real estate and provides for the release of the mortgage lien on each parcel when certain payments are made on the loan. This loan

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State Exam Flashcards

(Just Now) His real estate holdings are valued at over one million dollars. Jones' real estate would: A) be held in trust pending appearance of heirs. B) be distributed according to the laws of descent and distribution. C) revert to the state government. D) revert to the United States government.

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National Real estate Flashcards

(1 days ago) Highest interest in real estate recognized by law. Interests in real estate. Fee simple defeasible. Is interest that can be reverted to owner if a occurence or non-occurance of some specified event. Interests in real estate. Annexation . Process of converting personal property to real property .

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Results Page 33 Real estate Cram

(4 days ago) In the article “The Supermarket: Prime Real Estate,” Marion Nestle discusses how supermarkets design and control their features to make influences on shopping behaviors in order to gain more money from purchasers. Specifically, she argues buyer choices are being manipulated by food companies and…

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Results Page 14 Real estate Cram

(4 days ago) Stagnate wages, hot real estate market, tighter mortgage rules and stock market abatement makes home buying for young families a distant dream. It used to be that if you managed your finances responsibly, saved for a down payment and established a good credit, then you could buy your first home and start a family.

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IL Real Estate Ch#20 Flashcards

(8 days ago) federal law that regulates the sale of certain real estate in interstate commererce. Define Illinois Land Sales Registration Act: an act that regulates the offering,sale,lease,or assignment of any improved or unimproved land divided into 25 or more lots and offered as …

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Results Page 38 Real estate Cram

(4 days ago) Real estate. Page 38 of 50 - About 500 Essays Gentrification And Homelessness. This paper addresses the issue of homelessness and gentrification because it seeks to determine whether or not gentrification is a key contributor of homelessness. Understanding how gentrification contributes to homelessness is important if the private and public

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Real Estate Industry: Challenges Of The Real Estate

(1 days ago) In India the real estate sector has come a long way and is becoming the fastest growing markets. It is successful in attracting both domestic and foreign investors. The sector has transformed from unorganised to dynamic and organized in the past decade. The sector consists of four categories: housing, commercial, retail and hospitality.

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Results Page 24 Real estate Cram

(4 days ago) Real estate. Page 24 of 50 - About 500 Essays 600 Seat Theater Case Summary. MILLERSBURG — For a second time members of the Conn family met on Monday with the Holmes County commissioners to ask for financial assistance from the county in development of a new hotel and entertainment complex. In advocating for their cause, Mike Conn, discussed

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Results Page 28 Real estate Cram

(4 days ago) Real estate. Page 28 of 50 - About 500 Essays Creative Writing: The Night Trail. The air was crisp and cool. The sky was a deep shade of purple that signaled night was setting in the sky. There was no illumination of this land other than the shimmering moon and the warm, eerie glow from the apartment buildings scattered among the fields.

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2020 Florida Real Estate Final Exam Study Guide Flashcards

(8 days ago) Chapter 455. A member of the US armed forces is transferred to active duty in Florida. His spouse has a valid NY real estate license. She wants a Florida Real Estate license. Upon application for a license, the DBPR must issue the spouse a Florida real estate license. Which statement is …

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Freakonomics By Levitt And Dubner

(4 days ago) Real-estate agents are professionals with more information than the client. They know how to manipulate a person to make a decision that will benefit the agent needs more. The author are informing the reader how more information is the key to not becoming a victim of a crime. The authors use the techniques of examples, and back them up with facts.

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Results Page 16 Real estate Cram

(4 days ago) Real estate. Page 16 of 50 - About 500 Essays Persuasive Essay On The American Dream. Being the product of a family who struggled financially, and growing up in poverty; home ownership was something wished for, thought about, but not really obtainable. The great housing crash that occurred a few years ago, honestly didn’t affect my life since

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Results Page 25 Real estate Cram

(4 days ago) Real estate. Page 25 of 50 - About 500 Essays University Heights Apartments Case Study. As an entrepreneur, there are different aspects of running a business that one must be well versed. With the normal schedules of working a business, the proprietor should likewise be aware of laws that may relate to the firm or could influence the business.

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Results Page 32 Real estate Cram

(4 days ago) Real estate. Page 32 of 50 - About 500 Essays Personal Narrative: Do People Always Say To Dream Big Or Live Small. People always say to “dream big or live small”. I’ve considered this a lot more now that we’ve explored the American Dream and what it means to different people. At a very early stage of my life my family moved to the

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Real Estate Exam #2 (of 4) Flashcards

(3 days ago) A) waive any marital or homestead rights. In a real estate transaction, transfer taxes that are due are charged. A) to the buyer unless this is forbidden by statute or regulation. B) according to local custom unless the parties are from different jurisdictions. …

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Results Page 31 Real estate Cram

(4 days ago) Real estate. Page 31 of 50 - About 500 Essays Loob Holdings Sdn Bhd Case Study. Loob Holdings Sdn Bhd has been a master franchisee of Chatime brand in Malaysia. The CEO of Loob Holdings Sdn Bhd is Bryan Loo. His company get a crisis in early 2017 when the owner of Chatime brand, La Kaffa has terminated the master franchisee contract of Loob

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Florida real estate section 15 Flashcards

(Just Now) How much real estate is available at any one time. Rusty managed an apartment building that had 25 total units. 20 of the units were rented. Calculate the vacancy rate. 20%. [Section 15 Slide 73] 5 unoccupied (vacant) units / 25 total units= .2 or 20% vacancy rate. Demand for Real Estate is …

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The Real People Cram

(5 days ago) The Real Estate People Case Study. Clarissa Rigas boasts a decade of experience in the real estate industry, with her partner Peter Tzellos working alongside her for the last six. Both have been the recipient of numerous, highly esteemed awards in their years of service.

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The Importance Of Home Inspection

(4 days ago) In many real estate transactions, home inspections are the first and the last actions taken by the home’s seller. There reasons for both instances are beneficial to the seller for determining the condition of the home and establishing the market listing price.

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