Chapter 19 Flashcards
Basic Construction
Foundation
Supports a home and protects it from damage.
- Concrete slab
- Crawlspace
- Basement foundation
Foundation Detail
Basic components:
* Footings
* Slab
* Foundation
* Wall
* piers
Major types: concrete slab, basement, crawl space
Termite protection: chemical treatment of ground near foundation walls and piers and use of pressure traeted wood
Ventilation
Waterproofing
TP
Footing
The LOWEST part of construction
TP
Framing: Lowest Part of the Framing is:
SILL plate. This is what rests on top of the footing.
Exterior Wall Sheathing
Sheathing: plywood or partical board
Wrapped in tar paper or house wrap
TP
Window Construction: Muntin
Divide, reinfoce, and join class (constructive)
TP
Window Construction: Mullion
Vertical memebers of a window or door (decorative)
TP
Highest Part of the Roof Framing is: :
The ridge/ridge board
RPOADS
RPOAD Exemptions
RPOADS does not apply to vacant land or commercial property
New construction
Transfer between spouses
{fill in rest of list}
2 Parts to an HVAC System
Indoor (air handler, furnance)
Outdoor (heating and cooling unit)
Certificate of Occupany
Needs to be issued by county before buyer can move in
TP
Residential Square Footage Guidelines
MLS requires you to advertise it but NOT real estate commission
Living area: heated, finished, and directly accessible from other heated living area.
Agents expected to VERIFY square footage on their property.
* Cannot rely on tax records, owner, past transactions
Measure from the EXTERIOR when possible (TP)
Living area
Heated, finished, and directly accessible from other heated living area.
Bsement: Earth and adjacent to one side. Considered “below grade”
Measuring From Interior
If we have to measure from the inside:
Homes: Add 6” for each interior wall
Condominiums: DO NOT include the walls
Note: in condos we own air space - wall to wall
Stairway Rules
The stairs are included in the first and second floor
Ceiling Height
Has to be 7’ in height to count as liviing area (include in sq footage)
Sloped Ceilings
You walk outside of the room until the ceilimng height is 5’. From there you start measuring square footage.
Basements: Pipes and Beams
You can go up to 6’ 4” and it will count (vs. 7’)
MOG
MOG
{review what this is and the exemptions}
Agency Disclosure
Agency Disclosure
Disclosing who we represent in anyone
Agency Disclosure
What we use to tell the consumer who we represent
Form:
Working with Realestate Agents Disclosure Form
{read the form}
Agency Disclosure
When is the Agency Discolsure Form Presented?
Form is “Working with Reall Estate Agents”
Presented at: First Substantial Contact
When the customer starts giving you personal information: i.e., this is my price range, what I can afford, I have to sell a house, why I am moving.
Need to stop them and give them the disclosure form. Have to give it to them within 3 calendar days.
It is not ok to just have a link in your email signature. You have to discuss the form with your customer at first substantial contact.
No. They do not have to sign it but we need to document they did not sign. Keep for three years.
Agency Discloaure
What kinds of transactions require use to use this disclosure
All REAL ESTATE **SALES **transactions (dont choose all realestate transactions becasue this could pertain to porperty management)
on test do not pick rentals or property management pick SALES
Single Agency, Designated, Dual Agency,
