North Carolina Real Estate Prelicensing Course

This class was created by Brainscape user Renata Rubaine. Visit their profile to learn more about the creator.

Decks in this class (23)

Chapter 1: Basic Real Estate Concepts
Understand the basic characteristics of real estate, how real estate is used, and the real estate market.
12  cards
Chapter 2: Property Ownership and Interests
Explain the concept of the bundle of rights; the characteristics of real estate, including the riparian rights and all types of fixtures; and identify terms that may or may not be fixtures by applying the Total Circumstances Test.
63  cards
Chapter 3: Encumbrances on Real Property
Identify different types of encumbrances on real property and different types of liens, easements, and encroachments.
29  cards
Chapter 4: Property Description
What s the square footage in acre...,
Base line 2,
Call 3
17  cards
Chapter 5: Transfer of Title to Real Property
Abstract of title 1,
Action to quiet title 2,
Adverse possession 3
35  cards
Chapter 6: Land Use Controls
Aesthetic zoning 1,
Buffer zone 2,
Building code 3
27  cards
Chapter 7: Real Estate Brokerage and the Law of the Agency
Agency 1,
Agent 2,
Apparent authority 3
48  cards
Chapter 8: Agency Contracts
Antitrust laws 1,
Buyer agency agreement 2,
Co brokered sale 3
29  cards
Chapter 9: Basic Contract Law
Addendum 1,
Amendment 2,
Assignment 3
39  cards
Chapter 10: Sales Contracts and Practices
Acceptance 1,
Backup offer 2,
Contingency 3
15  cards
Chapter 11: Landlord and Tenant
Constructive eviction 1,
Covenant of quiet enjoyment 2,
Estate at suffereance 3
33  cards
Chapter 12: Property Management
Budget comparison statement 1,
Cash flow 2,
Deferred maintenance 3
13  cards
Chapter 13: Basic Real Estate Investment
After tax cash flow 1,
Anticipated revenue 2,
Appreciation 3
26  cards
Chapter 14: Real Estate Financing: Principles
Acceleration clause 1,
Adjustable rate mortgages arms 2,
Alienation clause 3
47  cards
Chapter 15: Real Estate Financing: Practices
Annual percentage rate apr 1,
Blanket mortgage 2,
Buydown 3
39  cards
Chapter 16: Basic Residential Construction
Baseboard 1,
Basement 2,
British thermal unit btu 3
35  cards
Chapter 17: Real Property Valuation
Age life method 1,
Appraisal 2,
Arm s length transaction 3
29  cards
Chapter 18: Federal Income Taxation of Real Property Ownership
Adjusted basis 1,
Amount realized 2,
Basis 3
15  cards
Chapter 19: Fair Housing and Ethical Practices
Americans with disabilities act a...,
Blockbusting 2,
Channeling 3
15  cards
Chapter 20: Environmental Issues and Real Estate Transaction
Asbestos 1,
Carbon monoxide co 2,
Comprehensive environmental respo...
20  cards
Chapter 21: Closing the Real Estate Transaction
Accrued items 1,
Buyer closing disclosure bcd 2,
Closing 3
24  cards
Chapter 22: Property Insurance
100 year flood plain 1,
Base flood elevation 2,
Broad form insurance 3
19  cards
Appendix A
License Law and Rule Comments and Real Estate Licensing in North Carolina
12  cards

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North Carolina Real Estate Prelicensing Course

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