CHAPTER 1-2 Flashcards

1
Q

THE LAND AND ALL THINGS PERMANENTLY ATTACHED

A

REAL ESTATE

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2
Q

INTERESTS, BENEFITS AND RIGHT OF OWNERSHIP

A

REAL PROPERTY

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3
Q

CONSPIRING TO SET PRICES OR COMMISSION RATES

A

PRICE FIXING

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4
Q

A CONTRACT THAT HAS BEEN SIGNED BY BOTH PARTIES

A

RATIFIED CONTRACT

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5
Q

IMMOBILE, INDESTRUCTIBLE, AND UNIQUE

A

PHYSICAL CHARACTERISTICS OF REAL PROPERTY

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6
Q

AN INTERMEDIARY BETWEEN A BUYER AND SELLER WHO ASSISTS BOTH WITHOUT ADVOCACY TO EITHER

A

TRANSACTION BROKER

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7
Q

AN AGREEMENT WHERE ONE PARTY MAKES A PROMISE TO INDUCE ANOTHER PARTY TO DO SOMETHING SUCH AS A LISTING CONTRACT

A

UNILATERAL CONTRACT

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8
Q

ATTACHED TO PROPERTY BY A TENANT FOR USE IN THE BUSINESS

A

TRADE FIXTURE

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9
Q

WHERE MANY PURCHASERS SHARE OWNERSHIP (TIME SHARE ESTATE) OR RIGHTS OF OCCUPANCY(TIME SHARE USE) OF A SINGLE UNIT

A

TIME SHARE

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10
Q

A POSSESSORY (NON-OWNERSHIP) INTEREST IN A TIME-SHARE

A

TIME SHARE USE

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