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

Decks in this class (21)

Math
How many decimals do you round of...,
Fractions to decimals,
Area
9  cards
PSI-Chapter 16 - Real Estate Appraisal
An appraisal is,
A federally related transaction is,
Appraisals of residential propert...
28  cards
PSI-Chapter 17 - Closing the Real Estate Transaction
What is the closing process based on,
What is the escrow procedure,
What does the seller deposit into...
15  cards
PSI-Chapter 18 - Leases
A lease is a contract between who,
The statute of frauds in most sta...,
What is an estate for years
23  cards
PSI-Chapter 19 - Property Management
The 3 part role of the property m...,
A property manager is typically c...,
The first step in taking over the...
13  cards
PSI-Chapter 20 - Land-Use Controls and Property Development
Enabling acts is page 388,
Pete stands for,
Zoning ordinances do what
10  cards
PSI-Chapter 21 - Environmental Issues and the Real Estate Transaction
What is encapsulation,
What are usts,
A real estate agent can avoid lia...
4  cards
PSI-Chapter 22 - Investing In Real Estate
The use of borrowed money to fina...,
Real estate investors can defer t...,
What is boot
8  cards
Chapter 1 - Introduction to the Real Estate Business
The business of bringing people t...,
A person or company licensed to b...,
A licensed real estate __________...
34  cards
Chapter 2 - Real Property and the Law
How is land defined for the real ...,
How is real estate defined,
An improvement to land can be any
23  cards
Chapter 3 - Fair Housing
Who are the protected classes in ...,
The rental of rooms or units in a...,
The fair housing act fha protects...
13  cards
Chapter 4 - Interests in Real Estate
An encumbrance is,
A right given by law to certain c...,
A property owner who has the lega...
29  cards
Chapter 13 - Real Estate Taxes and Other Liens
There are four ways to create a l...,
One type of lien is called genera...,
One type of lien is called specif...
14  cards
Chapter 5 - Forms of Real Estate Ownership
Ownership is severalty sever 1 oc...,
When title to a parcel of real es...,
The 4 forms of co ownership are
12  cards
Chapter 6 - Land Description
In a township which section was s...,
The metes and bounds method is
2  cards
Chapter 7 - Transfer of Title
What are the most common types of...,
What is a general warranty deed,
The basic warranties in a general...
13  cards
Chapter 8 - Title Records
Recording is the act of placing d...,
The _________ ___ _____ is the re...,
If ownership cannot be traced thr...
13  cards
Chapter 9 - Real Estate Brokerage
What is the purpose of license laws,
In real estate the business of br...,
The employment agreement between ...
14  cards
Chapter 10 - Real Estate Agency
The agent in the law of agency is...,
The principle in the law of agenc...,
The agency in the law of agency i...
23  cards
Chapter 11 - Client Representation Agreements
An exclusive right to sell is a t...,
An exclusive agency listing is a ...,
An open listing also known as a n...
8  cards
Chapter 12 - Real Estate Contracts
A _______ is a voluntary promise ...,
A bilateral contract must have,
A unilateral contract has
17  cards

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