National & State Exam Prep

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

Decks in this class (18)

Ownership, Estates, Rights, and Interests
This can be ownership by one indi...,
Also known as tenancy in severalt...,
Ownership by two or more with rig...
83  cards
Deed, Title, Transfer of Title, and Recording of Title
Occurs when an owner transfers ti...,
Any instrument or document that t...,
Is most often transferred by deed...
45  cards
Formulas & More
1 acre 1,
1 mile 2,
Taxable value 1000 x mills 3
13  cards
Practice Problems
A seller has received 225 000 for...,
A seller wants to net 185 000 on ...,
An appraiser is using the cost ap...
23  cards
Real Property Characteristics, Legal Descriptions, and Property Use
Consists of land improvements att...,
Is often used to describe rights ...,
Are man s additions to the land s...
67  cards
Property Value and Appraisal
Defined as the price a seller wil...,
True or false sale price is alway...,
Demand utility scarcity transfera...
57  cards
Real Estate Contracts & Agency
Is written or stated 1,
Is by actions or evidence 2,
Binds only one party an if then c...
54  cards
Types of Agency and Licensee Client Relationships
A relationship based on trust 1,
Governs the relationship between ...,
All states require the disclosure...
39  cards
Real Estate Practice
A licensee should practice within...,
If a licensee decides to move to ...,
A fair proper and due degree of c...
22  cards
Fair Housing
Prohibits discrimination based on...,
Known as the title viii of the ci...,
Means a minor living with a paren...
19  cards
Risk Managment
The federal do not call registry ...,
A license holder may call a party...,
Who is responsible for monitoring...
29  cards
Property Conditions and Environmental Issues
Most environmental regulation and...,
Is found in paint pipes and soil 2,
Use of the __________ for all pro...
32  cards
Financing and Settlement
A mortgage loan without any type ...,
Non conventional loan 2,
A standardized loan that meets th...
81  cards
Who Needs a Real Estate License?
Attorneys attorneys must have a r...,
True or false all sales license h...,
Texas attorneys not participating...
33  cards
Standards of Conduct
Fidelity integrity competency con...,
The license holder is a fiduciary...,
The license holder will employ pr...
20  cards
Agency & Brokerage
Requires a license holder to give...,
Include open houses when meeting ...,
The trec information about broker...
31  cards
Use and Understanding of Standard Contract Forms
True or false license holders mus...,
Does trec have promulgated forms ...,
Who writes promulgated trec forms 3
33  cards
Practice Questions
Which of the following can an hoa...,
John sold his waterfront property...,
Who is responsible for filling in...
97  cards

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National & State Exam Prep

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