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

Decks in this class (28)

Real Estate Business
A professional opinion of a prope...,
Prices in the real estate market ...,
Mixed use real estate is property...
22  cards
Real Property And The Law
Scarcity means,
Lumber left in a driveway is cons...,
Document by which the owner of re...
23  cards
Interest in Real Estate
When an individual dies leaves no...,
A private restriction and it is c...,
Escheat is intended to prevent pr...
31  cards
Forms Of Real Estate Ownership
Primary feature of property held ...,
Real property interest that takes...,
Shareholders in a cooperative rec...
26  cards
Land Description
How many sq ft in an acre,
How many acres in a township,
A township is how many square miles
21  cards
Transfer of Title
The right to or ownership of land...,
The transfer of title to real est...,
Payment of some form must be stat...
34  cards
Title Records
An individual has direct knowledg...,
A document is assumed when due di...,
A summary report of what the titl...
30  cards
Real Estate Brokerage
Licensed to buy sell exchange or ...,
Is a salesperson or broker who is...,
An employee who usually receives ...
28  cards
Real Estate Agency
Real estate agency relationships ...,
Hired by a principal to act on th...,
Fiduciary relationship in which t...
38  cards
Client Representations
An employment contract between a ...,
Must be in writing to be enforcea...,
General agent of the broker and c...
34  cards
Real Estate Contracts
A voluntary agreement based on th...,
Having obligations on both sides,
A promise by one side that can be...
41  cards
Real Estate Financing
Considered by lenders,
The difference between the amount...,
Mortgage loan will require two in...
41  cards
Government Involvement in Real Estate
Consists of 12 district banks reg...,
Consists of lenders that originat...,
Loans are bought and sold after b...
44  cards
Closing the Real Estate Transaction
The point at which ownership of a...,
A disinterested third party autho...,
A federal law enacted to protect ...
34  cards
Real Estate Taxes and Other Liens
A claim of a creditor or taxing a...,
An encumbrance that transfers wit...,
If a debtor defaults in payment o...
44  cards
Real Estate Appraisal
Opinion of value based on support...,
Sets minimum education and experi...,
Based on a complete visual inspec...
43  cards
Leases
Contract between the lessor the o...,
Requires that leases for more tha...,
May be created when a tenant with...
34  cards
Fair Housing
Intended to create a marketplace ...,
Prohibits all racial discriminati...,
Defined by the us supreme court t...
31  cards
Property Management
Whether an individual or a compan...,
Usually a state licensed real est...,
Will summarize income and expenses
31  cards
Land-Use Controls and Property Development
Controlled and regulated through ...,
Authority to create regulations t...,
Created by a local government usu...
30  cards
Environmental Issues and Real Estate Transactions
Mineral composed of fibers that h...,
Can prevent asbestos fibers from ...,
Can be found in pipes pipe solder...
43  cards
Tennessee Licensing Overview
Is a licensed broker in charge of...,
A licensee working under contract...,
Is the nine member body that gove...
26  cards
Operating a Real Estate Business in Tennessee
An ad by a licensee that fails to...,
A summary of a listing that conta...,
An account maintained by the brok...
21  cards
Tennessee Agency Overview
Relationship in which a real esta...,
One where the licensee s agency i...,
Is an agency where the agent is e...
32  cards
Contracts and Closing Overview
A set of legally binding promises...,
Is a physical or environmental pr...,
Is intentional deception in such ...
22  cards
Tennessee License Enforcement
Trecs or the courts decision that...,
What an accused is charged with f...,
Trec s required insurance similar...
21  cards
Tennessee Specialty Topics
Requires the 15 hour appraisal co...,
S ownership by one with the right...,
Ownership by more than one allowi...
24  cards
Title Issues
Is tax levied on real estate acco...,
Rights of property owners whose p...,
The right of an owner to redeem p...
27  cards

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