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

Decks in this class (37)

Real & Personal Property, Conveyances
Define real property 1,
What is personal property 2,
Appurtance 3
8  cards
Estimating Value
Income approach to value 1
1  cards
Laws and Rules Regulating Real Estate Practice
Terms of paying an out of state r...
1  cards
Land Characteristics and Legal Descriptions
0  cards
Encumbrances and effects on property ownership
What type of lien is a mortgage 1
1  cards
Types of ownership
0  cards
Government rights in land
0  cards
Government controls on land use
0  cards
Private controls
0  cards
Appraisals
What is the process of reconcilia...
1  cards
Comparative Market Analysis (CMA)
0  cards
Basic Financing Concepts and Terminology
What is a buy down 1,
What is loan to value ratio and h...,
Cancellation of pmi happens once ...
10  cards
Types of Loans
Fha loan 1,
Borrowers with larger down paymen...,
What is a conventional loan 3
10  cards
Financing and Lending
What factors does the underwriter...,
What can an add for properties in...
2  cards
General Contract Law
A buyer and a seller signed a sal...,
What 5 things must a contract be ...,
Blank 3
3  cards
Purchase and Lease Contracts
What is the difference between an...,
Blank 2
2  cards
Proper handling of multiple offers and counteroffers
What happens to an initial offer ...
1  cards
Agency and non-agency relationships
Exclusive right to sell listing a...,
Exclusive agency listing agreement 2,
Open listing agreement 3
5  cards
Agent Duties
0  cards
Agency Disclosures
0  cards
Disclosures: Property Condition
What type of issue in an inspecti...
1  cards
Disclosures: Environmental and Government
What must sellers provide prospec...
1  cards
Disclosures: Material facts and material defects
0  cards
Property Management Duties & Responsibilities
0  cards
PM: Landlord and tenant rights and obligations
What is the rule in regards to re...,
Blank 2
2  cards
Transfer of Title: Types of Deeds
What is the best description of a...,
On average how many years does a ...
2  cards
Transfer of Title: Title Insurance and searches
0  cards
Transfer of Title: Closing Process
0  cards
Transfer of Title: Special processes
What special concern do foreclose...
1  cards
Antidiscrimination
Blockbusting 1,
What does the mrs murphy exemptio...,
Blank 3
3  cards
Practice of RE: Legislation and Regulations
0  cards
Practice of RE: Duties and Responsibilities
0  cards
Re Calcs: Cals for transactions
0  cards
Re Calcs: General concepts
0  cards
State: Licensing Requirements
Illinois real estate recovery fund 1,
Broker s licenses expire on each ...,
The broker s or managing broker s...
6  cards
State: Laws and Rules Regulating Real Estate Practice
What s the chief function of illi...,
What does the illinois timeshare ...,
What is the illinois transfer tax...
6  cards
State: Disclosures
0  cards

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PSI Exam

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