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Michaela Bianca
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Decks in this class (30)
Ch. 1 - The Real Estate Transaction
How old must a person be who wish...,
How many hours of instruction are...,
When the licensee has a buyer bro...
3
cards
Ch. 2 - License Law Rules and Regulations
An individual or an entity licens...,
A person or an entity registered ...
2
cards
Ch. 3 - Unlicensed Assistants and License Law Violations
An appeal of a decision can be ma...,
What happens if the department de...,
What are the four sections of a h...
4
cards
Ch. 4 - Law of Agency
_____ is the brokers agency who i...,
The person who hires the agent an...,
The relationship of trust or conf...
22
cards
Ch. 5 - Agency Relationships
An agent who represents only one ...,
______ dual agency occurs when a ...,
______ dual agency occurs when tw...
8
cards
Ch. 6 - Agency Disclosures and Agreements
The most widely used agreement is...,
Under this arrangement the broker...,
_____ agency listing agreement gi...
10
cards
Ch. 8 - Estates and Interests
The ownership of real estate and ...,
The ownership of anything which i...,
A set of legal rights that are at...
21
cards
Ch. 9 - Liens and Easements
An ______ is an interest in and r...,
____ and _____ are the most commo...,
A _____ is a creditors claim agai...
14
cards
Ch. 10 - Deeds
Transfer of title to real estate ...,
Transfer of title to real estate ...,
The grantor must declare before a...
25
cards
Chapter 12 - Leases
A______ is both an instrument of ...,
This type of leasehold is most co...,
The following are all examples of...
4
cards
Chapter 13 - Contracts
A ______ contract is one in which...,
A _______ is an unstated or unint...,
A _______ contract is one that ha...
13
cards
Chapter 14 - Contract Preparation
This contingency will allow the b...,
Who typically prepares the sales ...,
Issues that are not covered in th...
6
cards
Ch. 15 - Real Estate Finance
This clause states that if thebor...,
The ______ clause outlines what w...,
This is a form of acceleration cl...
28
cards
Ch. 16 - Real Estate Finance 2
______ _____ is a division within...,
_____ _____ is a shareholder owne...,
_____ ______ was the firstmortgag...
10
cards
Ch. 17 - Land Use Regulations
The property owners canenforce th...,
This doctrine states that if apro...,
If a person dies with no heirs an...
6
cards
Ch. 18 - Construction Issues
The ______ is the degree orresist...,
A _____ supports the entireweight...,
A ____ ____ is a wooden supportme...
5
cards
Ch. 19 - Environmental Issues
In most cities and towns water ut...,
This act was originally passed by...,
Before a septic system can beinst...
10
cards
Ch. 20 - Valuation and Pricing Properties
_______ says a buyer will not pay...,
What terms besides sellingprice s...,
Appraisers tend to use the ______...
4
cards
Ch. 21 - Human Rights and Fair Housing
_________ of the nys humanrights ...,
This supreme court decision allow...,
What protected class or classesdo...
10
cards
Ch. 22 - Real Estate Math
To determine the _______ you woul...,
______ is the amount that a prope...,
These charges are designed to off...
8
cards
Chapter 23 - Municipal Agencies
What are the three types of incor...,
The _________ sets policies appro...,
The following are examples of ___...
5
cards
Chapter 24 - Property Insurance
A _________ is a special form pol...,
___________ protects a home again...,
A ________ policy would pay a hom...
5
cards
Chapter 26 - Taxes & Assessments
What does ad valorem mean,
The _______ is the amount of mone...,
Due to the following reasons ____...
6
cards
Chapter 27 - Condominiums and Cooperatives
What are the three essential char...,
The ______ explains the nature of...,
Where would one find information ...
13
cards
Ch. 28 - Types of Investment Properties
______ is the use of borrowed fun...,
List three other risk factors an ...,
_____ is term that refers to an a...
9
cards
Ch. 29 - Analyzing Investment Property
Name three factors that affect ne...,
List two examples of variable exp...,
List three examples of fixed expe...
10
cards
Ch. 30 - Commercial Leases
The difference between the rentab...,
A _____ lease is defined as one i...,
A _____ lease is defined as one i...
7
cards
Ch. 31 - Income Tax Issues
_____ the sale price of the prope...,
____ a measurement of how much is...,
_______ the initial or beginning ...
14
cards
Ch. 32 - Mortgage Brokerage
A ______ is a person registered b...,
A mortgage broker must have a min...,
A person corporation or firm lice...
6
cards
Ch. 33 - Property Management
To whom is a property manager res...,
A _____ manager lives on the prop...,
What tasks do managers of condos ...
5
cards
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NYS Real Estate License Exam
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