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By:
Kristina Martin
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Decks in this class (46)
Encumbrances - Key Terms
Adverse possession,
A legal agreement whereby a prope...,
In agreement as in a legal contract
15
cards
Liens (Monetary Encumbrances)
A lien against all property of a ...,
A general lien placed by the inte...,
A lien that arises by operation o...
7
cards
Contract Fundamentals
A contract in which the parties e...,
1 of sound mind for the purposes ...,
Something of value given to anoth...
16
cards
Employment Agreements & Other Contracts
A written employment contract in ...,
Refers to a property that is not ...,
Compensation paid to a broker for...
15
cards
Agency Basics
In an agency relationship the age...,
A relationship of trust between o...,
One who represents a principal
15
cards
Real Estate Brokerage Relationships
An agency relationship where the ...,
An agent who is authority is expr...,
An agency relationship created th...
5
cards
Purchase contracts
The transfer of 1 interest under ...,
Illegally mixing personal funds w...,
The illegal use of funds being he...
13
cards
Purchase contract part two
A person firm or corporation othe...,
A method for resolving disputes o...,
Standardized language used in con...
24
cards
Loan repayment – key terms
Payment of debt in regular period...,
A loan that requires scheduled pe...,
A lump sum payment that is due at...
13
cards
Loan types and clauses – key terms
A clause and loan documents that ...,
A mortgage loan that has an inter...,
A clause used in a financing docu...
16
cards
Loan programs and fees - key terms
A loan that meets the qualifying ...,
A loan that is not guaranteed or ...,
An added loan fee charged by a le...
12
cards
Loan qualifying and markets – key terms
The transfer of one person s inte...,
A transaction in which the buyer ...,
A numerical value assigned to dif...
22
cards
Consumer protection laws – key terms
Relationship between the cost of ...,
A statement prepared by the lende...,
An agency funded by the federal r...
11
cards
Valuation principles
An opinion or estimate the value ...,
An increase in the value of prope...,
The dollars needed to develop pro...
21
cards
Appraisal and the comparison approach – key terms
An entity that for compensation a...,
A service that uses mathematical ...,
And evaluation prepared by broker...
14
cards
Cost approach – key terms
A method of appraisal based on th...,
The decrease in value to real pro...,
The method of determining the val...
6
cards
Income approach
A rate of return stated as a perc...,
The time during which a building ...,
Potential gross income less vacan...
7
cards
Investment and income tax – key terms
Taxable not like kind property us...,
The gain from the sale of a capit...,
The amount remaining after paying...
16
cards
Environmental issues
Fibrous material derived from a n...,
Real property who s expansion red...,
The process by which soil particl...
22
cards
Freehold estates
Interstate created by will or dee...,
1 a possessory interest in real p...,
A future interest that becomes po...
10
cards
Leasehold estates
The amount of rent stated in the ...,
The transfer of possession in a s...,
What the property could rent for ...
16
cards
Leases
A lease for a major department or...,
A clause in a lease or mortgage a...,
A lease with an escalator clause ...
12
cards
Commercial leasing and lease termination
The physical removal of a tenant ...,
A major department or chain store...,
All the components that make up t...
13
cards
Methods of ownership and taking title
Property accumulated by legal spo...,
Allows spouses to hold property a...,
An interest held by two or more p...
6
cards
Group ownership, Condos, and cooperatives
Laws regulating the sale of secur...,
The land and improvements in a co...,
A property developed for co owner...
12
cards
Methods of Ownership transfer
Court appointed personal represen...,
A person appointed any will to ca...,
Assets passed down to individuals...
10
cards
Types of deeds
A deed that conveys ownership fro...,
In arizona a deed that is used to...,
A written instrument transferring...
10
cards
Deed validity and recordation
A formal declaration made before ...,
Express knowledge of a fact compa...,
A sworn statement under oath that...
8
cards
Title insurance and the uniform commercial code
A summary of the chain of title,
A title insurance policy that pro...,
A title insurance policy that pro...
12
cards
Escrow and prorations
Owing payment on things for which...,
A detailed accounting of a real e...,
Hey system in which things of val...
6
cards
Closing Costs and the settlement statement
A detailed accounting of a real e...,
A sum of money to be received,
Any sum of money owed a charge on...
6
cards
Land description fundamentals
Article of the arizona constituti...,
A type of legal description that ...,
A tract of surveyed land showing ...
6
cards
Rectangular survey system
43 560 square feet,
A township that is adjusted to co...,
An area consisting of 16 township...
8
cards
Arizona water law
Defined areas within arizona wher...,
The standard required from develo...,
The state department created in 1...
18
cards
Property management profession
The obligations of a person in a ...,
An agent authorized to handle any...,
Leasing or renting or offering to...
3
cards
Property management agreements and accounts
Illegally mixing personal funds w...,
A written agreement that governs ...,
A checking account used to deposi...
4
cards
Arizona residential landlord and tenant act
State law that address is the obl...,
Money a tenant gives a landlord a...,
The physical removal of a tenant ...
7
cards
Arizona residential landlord and tenant act Part 2
0
cards
Financing documents and deeds of trust
The lender in a deed of trust,
A deed that a trustee signs and g...,
Failure to fulfill an obligation ...
11
cards
Mortgages and Agreements for sale
A carryback document between buye...,
Occurs when a borrower performs a...,
Any present right to acquire lega...
8
cards
Foreclosure
Property acquired by lending inst...,
A document that the highest bidde...,
A deed to property voluntarily gi...
18
cards
Arizona real estate taxes
Latin phrase meaning according to...,
Taxes assessed on real property b...,
A sworn statement under oath that...
11
cards
Assessments, mechanics liens, and homestead exemptions
A lien against property that is s...,
A person s land used as their res...,
A general lien place by the inter...
8
cards
Arizona real estate law
The state agency that regulates r...,
Article of arizona constitution t...,
Rules and regulations adopted by ...
9
cards
Article 2: licensing
A physical location separate from...,
A term not to exceed 30 days duri...,
A specified number of hours of ap...
8
cards
Article 3: regulation
A quart or administrative order r...,
Illegally mixing personal funds w...,
A negotiated settlement between t...
7
cards
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Real Estate Classes
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Real Estate
- 26 decks
- 567 flashcards
- 196 learners
Decks:
Chapter 2 Rights, Terms Pt1, Terms Pt 2, And more!
