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real estate Flashcards and Study Sets Quizlet

Real Property. Real Property - Bundle of Rights. Acquiring title to additions or improvements to real property…. The process of converting personal property into real property. includes both land and real estate includes the bundle of righ…. Right of Possession Right to …

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Real estate Flashcards Quizlet

(4 days ago) Settlement services include any service provided in connection with a real estate settlement. title searches, title examinations, the provision of title certificates, title insurance, services rendered by an attorney, the preparation of documents, property surveys, the rendering of credit reports or appraisals,services rendered by a real estate agent or broker, the origination of a federally

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Real Estate Flashcards Quizlet

(4 days ago) The terms land, real estate, and real property are not interchangeable. They refer to different aspects of ownership rights. Real property is defined as the earth's surface extending downward to the center of the earth and upward to infinity, including permanent natural objects, such as trees and water.

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Real Estate Exam 2 Flashcards Quizlet

(1 days ago) A real estate broker differs from a real estate salesperson under the law in that the. Select one: a. law recognizes no differences. b. salesperson is responsible for the acts of the broker. c. broker is liable for the acts of the salesperson. d. salesperson may take a listing with him when he changes brokers.

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Real Estate Final Exam Flashcards Quizlet

(5 days ago) 1. Real estate held as a personal residence 2. Real estate held for sale to others: dealer property 3. Real estate held for use in a trade or business activity: trade or business property 4. Real estate held for investment: investment property These determine whether the real estate can be depreciated for federal income tax purposes.

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Real Estate Practice Flashcards Quizlet

(3 days ago) Sellers, landlords, and real estate agents are required to include a _____ in the contract or lease if the real estate was built prior to 1978. Lead warning statement Where is …

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Real Estate EXAM PREP Flashcards Quizlet

(4 days ago) It is a real estate tax and if not paid, the property could be auctioned off. What is Ad valorem? Ad valorem tax is a tax whose amount amount is based on the value of a transaction or of property. It is typically imposed at the time of a transaction, as in the case of a sales tax or value-added tax.

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real estate principles Flashcards and Study Sets Quizlet

(1 days ago) Real Estate Principles 1 - Texas. Civil Rights Acts of 1866. Steering. Blockbusting. Equal Credit Opportunity Act of 1974. Prohibits only and all racial discrimination. Directing Home Seekers to particular neighborhoods based on th…. Real estate agents creating fear in a neighborhood in order to….

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real estate 1-5 Flashcards Quizlet

(8 days ago) An interest in real or personal property that is limited in duration to the lifetime of its owner or some other designated person or persons. Remainderman One entitled to receive a remainder interest in some estate sometime in the future.

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Real Estate Practice Questions Flashcards Quizlet

(3 days ago) A fine of $1000. c. A sternly worded letter from you local real estate association. d. Your managing broker losing her license. b. A fine of $1000. Payment history, age of accounts, credit usage rate, inquiries, and ____________ are factors considered in calculating a credit score. a.

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Real Estate Final Exam (150 Questions ) #1 Flashcards

(1 days ago) 4. Broker Carr, with ABC Real Estate Company, listed the property with a seller. Broker Smith, with XYZ Real Estate Company, called Broker Carr, and disclosed that he was a Buyer Agent. Broker Smith wrote a contract with a buyer for the sale of the property.

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Real Estate License: study guides and answers on Quizlet

(8 days ago) Education And Research Real Estate Brokerage Supply And Demand Real Estate Real Estate License. TERMS IN THIS SET (100) 1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A contract becomes binding between the seller and …

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real estate math Flashcards and Study Sets Quizlet

(5 days ago) A real estate license is required in Florida if one negotiates… The secondary market and participants provide stability for ho… Taxes and insurance, are often prepaid at closing to establish…

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Real Estate: Chapter 5: Quiz Flashcards Quizlet

(9 days ago) Start studying Real Estate: Chapter 5: Quiz. Learn vocabulary, terms, and more with flashcards, games, and other study tools.

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Real Estate Part 1 Unit 5 Flashcards Quizlet

(8 days ago) Real Estate Part 1 Unit 5. Define "undivided interest" in real estate. When two or more owners share ownership, the interest of an individual owner is undivided and indivisible in the sense that it pertains to a fractional part of the entire estate, not to a physical portion of the real property. Discuss how the right of possession determines

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REAL ESTATE CH 1 Flashcards Quizlet

(9 days ago) The Governor appoints three (3) real estate brokers and four (4) public members. The Senate Majority Leader appoints one (1) broker and one (1) public member. The Speaker of the Assembly appoints one (1) broker and one (1) public member. The Senate Minority Leader appoints one (1) member, which can be either a broker or a member of the public.

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Principles of Real Estate 1 Final Exam Flashcards Quizlet

(1 days ago) If a real estate salesperson closes on a transaction, who pays the salesperson their commission? A means of comparing similar type properties, which have recently sold, to the subject property is known as the? Nice work! You just studied 63 terms!

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Unit 1 Real Estate Exam Flashcards Quizlet

(6 days ago) B) any real estate professional who assists buyers, sellers, landlords, or tenants in any real estate transaction. C) a real estate professional who acts as a point of contact between two or more people in negotiating the sale, purchase, or rental of property. D) a real estate licensee and a member of the National Association of REALTORS® (NAR).

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Real Estate Part 1 Unit 8 Flashcards Quizlet

(8 days ago) Real Estate Part 1 Unit 8. What is the allodial system of ownership and what does this system provide individuals? The allodial system of ownership gives individuals the rights to own property without proprietary control by the government. It is one of the foundations under which the US was built. What does P.E.T.E. stand for?

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Real Estate Chapter 2 (Rights) Flashcards Quizlet

(1 days ago) A tenant's right to occupy real estate during the term of a lease, generally considered to be a personal property interest. Estate for Years. lease where there is a lease agreement that gives the tenant exclusive possession of a property for a specific period of time.

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Real Estate Chapter 3 Flashcards Quizlet

(4 days ago) secure debts that are associated with a particular parcel of real estate. general lien. A lien that attaches to all property owned by an individual. Real and personal. mortgage. in return for a loan to buy real property, the purchaser pledges the property as collateral for the debt.

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Real Estate Chapters 6-10 Flashcards Quizlet

(8 days ago) In a real estate transaction, the principal is the client. A customer is the nonrepresented party for whom some level of service is provided and who is entitled to fairness and honesty. A nonagent (also known as a facilitator, intermediary, transaction broker, transaction coordinator, or contract broker) assists one or both parties with the

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Principles of Real Estate 1 Final Exam Flashcards

(1 days ago) If a real estate salesperson closes on a transaction, who pays the salesperson their commission? A means of comparing similar type properties, which have recently sold, to the subject property is known as the? Nice work! You just studied 63 terms!

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Real Estate Practice Exam Flashcards Quizlet

(8 days ago) The closing of a real estate transaction generally involves two closings. One is the closing of the real estate sale in which the deed is delivered in exchange for the purchase price. The other is the closing of the A. Escrow account B. Buyer's loan C. Title policy D. Sales contract

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Real Estate: Chapter 5 Quiz Flashcards Quizlet

(9 days ago) Real estate commission rates: (a) are established by the Bureau of Real Estate. (b) should be no lower than 2 percent. (c) should be no higher than 10 percent. (d) are not fixed by law. (d) are not fixed by law. A real estate seller must disclose: (a) only visible property defects. (b) structural additions or repairs only if made by the seller.

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Unit 3 Real Estate Flashcards Quizlet

(1 days ago) Unit 3 Real Estate. A real estate complaint can be filed by a licensee, a member of the public or the Real Estate Commission itself. The person filing the complaint is called the. Under the Real Estate Recovery Act, a person who has been the victim in a real estate transaction is provided relief and compensation.

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Washington State Specific Real Estate Exam Flashcards

(5 days ago) Washington State Specific Real Estate Exam. 5 years of experience performing real estate brokerage services in this state or 3 years experience in investigative work of a similar nature, preferably in relation to the administration of real estate license law in Washington or elsewhere. Who appoints the real estate commission seats?

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Chapter 1: Basic Real Estate Concepts Flashcards Quizlet

(9 days ago) Real Property. The land, everything permanently attached to the land, and everything that is appurtenant to (goes with) the land. Includes interests, benefits and rights that are automatically included in the ownership of land and real estate. real property = real estate + bundle of rights. Personal Property.

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Real Estate PSI Study Guide Flashcards Quizlet

(Just Now) Under the real estate recovery fund procedures a. Where the balance remaining in the real estate fund is less than $350,000, a real estate licensee must pay a fee within 60 days of the assessment b. The maximum recovery shall not exceed $20,000 against any one license

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Real Estate Finance Final Flashcards Quizlet

(8 days ago) pass a 125 question national Uniform state test (UST). provide fingerprints for a FBI criminal background check. all of the above. be at least 21 years old. have a minimum of two years of experience in residential real estate lending. C. never have had a felony conviction in the past seven years.

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Real Estate Exam #2 Q and A Flashcards Quizlet

(9 days ago) Start studying Real Estate Exam #2 Q and A. Learn vocabulary, terms, and more with flashcards, games, and other study tools.

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sc real estate exam practice Flashcards Quizlet

(1 days ago) Nadine is an active real estate licensee elected to serve on the South Carolina Real Estate Commission. Seth is an unlicensed individual appointed by the governor to serve on the commission. The secretary of state certified both members on the same day.

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Real Estate Terms and Definitions Flashcards Quizlet

(6 days ago) Ex. real estate for real estate. Exclusive-agency listing 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.

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Real Estate Final Exam

(9 days ago) A real estate professional who assists agents and brokers in the processing of a real estate transaction all the way through escrow is known as a(n): transaction coordinator Real property subject to …

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WA Real Estate Fundamentals Exam Questions

(5 days ago) A real estate investment trust is required to: Invest at least 75% of its assets in real estate have at least 150 participating investors Make sure all investors accept liability for the trusts acts Be incorporated in the state in which it does business

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Mosley Virginia Real Estate Test (Practice) Flashcards

(4 days ago) - a real estate agent licensed in another jurisdiction - an auctioneer, selling property at a public auction, when employed by the owner. a real estate agent licensed in another jurisdiction. Broker Steve entered into a listing agreement with Seller Stacey. At signing, Stacey received a hard copy disclosure with Steve and the firm's licensed

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INDIANA REAL ESTATE (LAW PART) Flashcards Quizlet

(1 days ago) An Indiana real estate licensee has taken an offer to purchase from a buyer client with $1,00 earnest money deposit. The licensee should. Communicate the offer to the listing agent and submit the earnest. money with the offer for deposit by the listing broker after acceptance.

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Real Estate- quiz Law 2 Flashcards Quizlet

(5 days ago) Affixing. Air, water, land and everything affixed to the land is a definition of. real estate. What type of surveys use portable receiving antennas to gather data transmitted from satellites which are used to calculate the position of the object being located on the surface of the earth? GPS surveys.

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Real Estate Chapter 2 Quiz Flashcards Quizlet

(9 days ago) State laws enacted to protect the public from fraud, dishonesty, and incompetence in the purchase and sale of real estate. It was amended in 2011. What is real property? is the interest, benefits, and rights that are automatically included in the ownership of land and real estate. INCLUDES LAND AND REAL ESTATE

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Idaho Real Estate Flashcards Quizlet

(Just Now) A real estate agent gave a purchase or $5000 to assist with a down payment in the form of a private loan to be forgiven after the closing of a pending transaction. This could be considered as: A 'double contract'

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Real Estate State Exam: Alabama Law Questions (1-35

(2 days ago) A real estate sales person may engage in the real estate business without being under the direct supervision of a broker only if he or she: none of the above. If a broker terminates the employment of a salesperson, the broker must: notify the commission and return …

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Oregon Real Estate Exam (PSI) Questions Flashcards Quizlet

(Just Now) 1/54. Created by. JessicaSummerrs. These flashcards will prepare you for questions on the Oregon Real Estate State Exam. I've taken the Oregon State exam and remember these questions from the exam. The exam is random and may or may not have these questions on your test, but you must know them in order to pass your Oregon State exam.

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Virginia Real Estate License Exam Flashcards Quizlet

(6 days ago) When a person wants to file a claim for payment from the Virginia Real Estate Transaction Recovery Fund, where is the claim filed? The Real Estate Board The Virginia Residential Landlord Tenant Act allows a landlord to require a security deposit as a condition of …

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