SECTION #1 Flashcards

1
Q

_____ are taking place all around us, all the time.

A

Real Estate Transactions

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2
Q

When a Commercial Leasing Company _____ space in a mall or a Building Owner _____ an apartment, it is a Real Estate Transactions.

A

Rents

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3
Q

Real Estate Transactions are taking place all around us, all the time. The most common Transaction is the _____ or _____ of a home.

A

Purchase, Rental

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4
Q

The most common Transaction is the Purchase or Rental of a home, Whether by a _____ Buyer…,

A

First-Time

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5
Q

The most common Transaction is the Purchase or Rental of a home… or Someone seeking a Larger or Smaller place to live… or a _____,

A

Second Home

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6
Q

The most common Transaction is the Purchase or Rental of a home… or an Investor interested in the property’s _____ potential.

A

Income-Producing

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7
Q

Consumers of Real Estate Services thus include Buyers & _____ of homes.

A

Sellers

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8
Q

Consumers of Real Estate Services thus include Buyers & Sellers of homes, Tenants & _____.

A

Landlords

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9
Q

Consumers of Real Estate Services thus include Buyers & Sellers of homes, Tenants & Landlords, Investors & _____.

A

Developers

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10
Q

Nearly _____, at some time, is involved in a Real Estate Transaction.

A

Everyone

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11
Q

All this adds UP to Big Business—Complex Transactions involving _____ of dollars each year in the United States.

A

Trillions

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12
Q

The Services of millions of highly trained individuals are required: Attorneys & _____.

A

Bankers

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13
Q

The Services of millions of highly trained individuals are required: Trust Company Representatives & _____,

A

Abstract Agents

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14
Q

The Services of millions of highly trained individuals are required: Title Insurance Company Agents & _____,

A

Architects

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15
Q

The Services of millions of highly trained individuals are required: Surveyors, Accountants, & _____.

A

Tax Experts

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16
Q

All these people depend on the Skills and Knowledge of _____ professionals.

A

Licensed Real Estate