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Real Estate Exam > What is a License? > Flashcards

What is a License? Flashcards

1
Q

What is a License?

A

Official permission to do, use, or own something.

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2
Q

What is a Real Estate License?

A

Permits issued by state governments, and they give licensees the legal authorization to represent a home seller or buyer in a real estate transaction.

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3
Q

What is an Easement?

A

Legitimate interest in land and often irrevocable.

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Real Estate Exam (70 decks)

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