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kelsey Eiseman
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Decks in this class (33)
Cht 1: the real estate market
What is the definition of value a...,
What is the definition of price,
The value of something is based o...
34
cards
Ch. 2: Real Estate Specializations
What kinds of professionals manag...,
What types of professionals are i...,
What s the difference between mor...
36
cards
Ch. 3: Broker-Salesperson Relationships
Broker,
Salesperson,
What is the main difference betwe...
30
cards
Ch 4. PA License Law and Ethics in Professional Practice
What is the difference between th...,
Who does not need a campground me...,
What types of licenses are availa...
38
cards
Ch 5. NAR Code of Ethics
How long does the preservation of...,
Realtors may represent both parti...,
What responsibility does a realto...
44
cards
Ch 6. Fair Housing Laws and ADA
What does it mean that unless a b...,
What are three actions permitted ...,
If a person feels like he or she ...
88
cards
Ch 7: Other Fair Housing Agencies Issues
What is the mission of the office...,
What is the primary function of t...,
What entity is an independent age...
29
cards
Ch 8: Agency Law
What is a fiduciary relationship,
What is the term given to a licen...,
What is the definition of a client
42
cards
Ch 9: Agency Law in PA
What is the major document that d...,
What type of licensee can provide...,
Who acts as the individual broker...
37
cards
Ch 10: Home Ownership
Why do people purchase property,
Which type of housing is distingu...,
How does a modular home differ fr...
35
cards
Ch 11: Preparing to Take a Listing
List the three general ways a lic...,
What kinds of documents should a ...,
What are the four tasks a license...
22
cards
Ch 12: Listing Agreement & Servicing Listings
What does an owner listing do,
With an exclusive right to sell a...,
What is it called when an owner s...
33
cards
Ch 13: Seller's Property Disclosure
What are the four possible respon...,
What is required at the bottom of...,
When must a seller give the buyer...
22
cards
Ch 14: Principles of Value/Methods of Valuation
What are the three common methods...,
What is the main limitation of a cma,
A broker price opinion may be pre...
28
cards
Ch 15: Preparing a CMA
What appraisal method is generall...,
What five factors determine the v...,
What are the four steps in the cm...
38
cards
Ch 16: Types of Appraisal
What is the first step in the app...,
Describe the difference between s...,
Explain reconciliation
44
cards
Ch 17: Working with Buyers
How long must a licensee keep a r...,
In pennsylvania licensees are req...,
What are the fiduciary duties owe...
38
cards
Ch 18: Essential Characteristics of Contracts
In contract terms what is it call...,
What are the features of an expre...,
What is needed to establish the e...
26
cards
Ch 19: Discharge of Contracts
List three ways a contract may be...,
What is revocation,
Describe assignment
18
cards
Ch 20: Agreement of Sale
What is the possible criminal fin...,
To avoid fraud charges what two c...,
Why is not always a good strategy...
45
cards
ch 21: Negotiating Skills
What is another term give to dist...,
What type of negotiation attempts...,
What type of individuals enjoy ne...
34
cards
Ch 22: Presenting Offers and Counteroffers
Why is it not a good idea to pres...,
Why review the listing efforts wh...,
What are two disadvantages to dig...
24
cards
Ch 23: Advising Buyers and Sellers
What dates in the contract are of...,
What forms must buyers fill out d...,
How is property value determined ...
24
cards
Ch 24: Risk Management
What is the doctrine that governs...,
What are the top three issues reg...,
What does the law say regarding a...
32
cards
Ch 25: Avoiding Liabilities
How does the ftc define an implie...,
Define puffery advertisement,
What does the ftc mean by materia...
24
cards
Ch 26: Other Laws Impacting Real Estate
Federal lead based paint disclosu...,
Identify three types of housing u...,
How many days does the buyer have...
39
cards
Ch 27: Financing Instruments
List and describe three provision...,
What is a mortgage,
How does a note differ from a mor...
24
cards
Ch 28: Types of Loans
How is the interest rate in an ad...,
How does a reverse annuity mortga...,
What type of mortgage loans are o...
24
cards
Ch 29: Financing Sources
What is the primary mortgage market,
What is the major difference betw...,
What entities does the pennsylvan...
24
cards
Ch 30: Government and Conventional Loans
What are the guidelines regarding...,
How long are fha conditional comm...,
How is the mortgage payment expen...
24
cards
Ch 31: Loan Qualifying and Underwriting
How does the assumption of an exi...,
What is the loan estimate,
What are the four critical proced...
35
cards
Ch 32: Closing the Transaction
What happens at title closing,
If the buyers want to move in ear...,
What can a lender require a borro...
35
cards
Practice Exam
0
cards
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