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Michael Ruffin
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Decks in this class (20)
Chapter 1: Licensing Law
Who has to be licensed,
What transactions occur in real e...,
Who is exempt from obtaining a re...
10
cards
Chapter 2: Nature and Description of Real Estate
What are the 5 bundle of rights,
A factor used to distinguish pers...,
How is ownership of personal prop...
22
cards
Chapter 3: Rights & Interests in Real Estate
Name 4 government rights restrain...,
Police power,
Examples of police power
61
cards
Chapter 4: Forms of Ownership
Estate in severalty tenancy in se...,
Co owership concurrent ownership,
What are the 3 forms of co ownership
34
cards
Chapter 5: Transfer of Title
What is alienation,
Types of voluntary alienations,
Land patent
74
cards
Chapter 6: Contract Law
What is a contract,
What is a contract to forbear,
How are contracts created
48
cards
Chapter 7: Brokerage, Agency, and Fair Housing
What is an agency,
Who is the principal,
Who are 3rd parties aka customers
37
cards
Chapter 8: Real Estate Contracts
Whats another name for a real est...,
What is a binder deposit receipt,
Does the signing of a contract by...
12
cards
Chapter 9: Mortgage Theory
Title vs lien theory,
What is a promissory note note,
What is included in a promissory ...
36
cards
Chapter 10: Financing Techniques
What is a term loan straight loan,
What is a balloon payment,
What is a fully amortized loan co...
15
cards
Chapter 11: Loan Classifications
What is the va loan,
What is the instrument a va loan ...,
What is a certificate of reasonab...
24
cards
Chapter 12: Mortgage Markets and Lender Regulations
What is the primary market,
What is the main source for fundi...,
All savings and loan associations...
38
cards
Chapter 13: Valuation and Economics
An appraisal is an ______________...,
The goal of an appraiser is to es...,
What 4 criteria are necessary for...
49
cards
Chapter 14: Real Estate Taxes
There are 2 types of taxes applie...,
Personal property is based on wha...,
What are ad valorem taxes
20
cards
Chapter 15: Real Estate Settlements
What are the different things tha...,
What is a walkthrough,
What is title closing
7
cards
Chapter 16: Title Protection
What is a title,
What are recording acts,
Where do the recordings take place
17
cards
Chapter 17: Leases and Property Management
Whats the difference between a le...,
The lessor contains _____________...,
What does demise mean
26
cards
Chapter 18: Land-Use Controls
What are the police powers that r...,
What is city planning,
What are zoning ordinances
26
cards
Chapter 19: Real Estate Investment
What is cash flow net spendable,
What is cash on cash,
What is a tax shelter
11
cards
Virginia Law
What is the purpose of the real e...,
Who appoints the real estate boar...,
How many members sit on the board
112
cards
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Alpha Real Estate
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