chapter 6,7,8

Question 1

improvements

Answer 1

the following permanently installed and built-in items; if any windmills

Question 2

short sale

Answer 2

this document is used when seller cannot sell property at or above what he/she owes the lender. The seller is requesting that the lender “short” themselves on what is owed

Question 3

straw buyer

Answer 3

is a person who is used to buy property in order to conceal the actual owner

Question 4

brokers fees

Answer 4

these fees are most commonly found in the listing agreement between the broker and seller. The listing agreement between the broker and seller addresses commissions in two areas. First, the agreement stipulates the fee that the broker will be paid if the property sells during the listing period. The actual fee split agreement is by virtue of membership in the multiple listing service or by a separate agreement between the brokers

Question 5

stigmatized

Answer 5

a property where there has been a murder or alleged haunting