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

Decks in this class (42)

Leases
A lease for which the tenant pays...,
Gross lease,
A _____ is a lease for which the ...
11  cards
Miscellaneous
Is an unauthorized intrusion of a...,
When someone inquires title of so...,
Not real property instead the pur...
73  cards
Types Of Co-Ownership
Available only to husband and wif...,
Is the simplest form of ownership...,
Occurs when a property is owned b...
6  cards
Appraisal
Since its use must be considered ...,
Considered to be the most objecti...,
An appraisal method which estimat...
12  cards
Possessory Interest Types
A grantor puts a condition or req...,
All rights in the bundle of right...,
The grantor retains the right of ...
8  cards
Organizational Ownership
A business owned by a single indi...,
A corporation is a legal entity t...,
In this situation each member has...
4  cards
Contracts
A contract that may have been val...,
Can be terminated or nullified by...,
Lacks one or more of the requirem...
7  cards
Res. & Com Prop
The majority of new licensees beg...,
These can be anything from a simp...,
A form of joint ownership with th...
11  cards
Economic Factors
General swings in business activi...,
4 broad forces that effect all ma...,
General swings in real estate act...
12  cards
Physical Factors
Waterfront property is usually mo...,
This can affect the value of a pa...,
Real estate in a growing neighbor...
5  cards
Governmental Factors
These laws deal with police power...,
These laws deal with taxes and al...,
The constitutional power of the s...
67  cards
Federal Govt. Factors
The government s plan for spendin...,
Is the means by which the governm...,
Through this policy the fed can m...
17  cards
Homeownership
These taxes are easy to administe...,
What is the acronym piti,
The increase in the value of a pr...
6  cards
Terms
The person appointed by the court...,
The person named in the will to h...,
A neutral person appointed by the...
11  cards
Types Of Agency
I read an agency contract between...,
An agency relationship with tween...,
This agency relationship can be c...
14  cards
Listing Agreement Types
Gives seller a limited time to br...,
Agent gets commission even if cel...,
Non exclusive listing given buy a...
6  cards
Financing Contingencies
A contingency that the buyer was ...,
Contingency that the buyer is abl...,
The contingency that the buyers a...
12  cards
Legal Descriptions
Primary direction in the meats an...,
A complex legal description that ...,
Degrees of deviation
22  cards
Public Records
An interest in real property agai...,
This is the most common way to tr...,
The acquisition of title to land ...
22  cards
Title And Insurance
Also known as the title examinati...,
A clear and unbroken chronologica...,
Also known as opinion of title th...
19  cards
Deeds & Titles
Not a document but rather a theor...,
A written document that gives the...,
A share in property created on th...
22  cards
Closing
These documents should be there a...,
Sellers are paid the balance of t...,
This must be provided by the sell...
55  cards
Homeowners Ins Packages
Under this homeowner s policy cov...,
Perils are damaged or lost becaus...,
Under this homeowner s policy los...
6  cards
T MATH
Sales price x rate commission com...,
Using the percent formula part eq...,
Joelle sells the house for 120 00...
20  cards
Finance
Nationally chartered banks must j...,
Types of primary lenders,
Any mortgage loan that is not ins...
57  cards
Terms 2
When real estate is financed with...,
Loans in rule areas for household...,
When a loan balance decreases bec...
35  cards
Government Financing
Fha insured loans differ from con...,
_____ _____requires the borrower ...,
For va loans this is required to ...
6  cards
Financial Terms 2
T,
This contract clause gives the le...,
A final payment at the end of alo...
87  cards
Construction
The natural or artificial movemen...,
If the shape of the lot prohibits...,
Improving property orlando by add...
71  cards
Environmental Issues 14
This agency was founded in decemb...,
This major federal law promotes n...,
This major federal law act gives ...
34  cards
Civ Right/ Fair Housing
This was the first federal antidi...,
This act law prohibits all racial...,
This 1896 supreme court ruling wa...
61  cards
NY Municipal Agencies
Everything from tax assessments t...,
This board determines the effects...,
Protects residence by seeing that...
27  cards
Property Insurance
This type of insurance offers two...,
This type of insurance office cov...,
This property insurance covers bo...
59  cards
NY Prop Tax
The amount of property tax that w...,
The order in which liens are paid...,
Industrial and commercial parcels...
44  cards
Income/Income Tax
This type of income includes incl...,
This type of income includes earn...,
This type of income includes incl...
49  cards
Co-Ops/Condominiums
80 20 rule alteration agreement a...,
A written agreement signed by co ...,
A document filed with the state t...
40  cards
Commercial/Investment A
The internal revenue code section...,
An act in which tenants acknowled...,
The minimum amount of rent indica...
36  cards
Commercial/Investment B
Real estate s 6 characteristics f...,
The effect of federal state and l...,
Occurs when borrowed funds are in...
14  cards
Commercial/ Investment C
Readily available and have smalle...,
The next step up the ladder for i...,
May include former single family ...
64  cards
Property Management
A_______ _________has a fiduciary...,
What year was the americans with ...,
What year was the federal fair ho...
45  cards
Vocabulary
Recorded notice stating a lawsuit...,
A lien against all property of a ...,
A judicial proceeding in which th...
29  cards
Misc 2
Who is usually first to sign the ...,
Oversees housing issues,
Oversees water related issues
4  cards

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ny real estate

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