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Lester Faison
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Decks in this class (21)
Kap Real Estate Chapter 1: Basic Real Estate Concepts
There are two major classificatio...,
What is real property defined as,
What is personal property defined as
27
cards
Kap Real Estate Chapter 2: Property Ownership and Interest
Bundle of legal rights,
The rights of ownership or bundle...,
An appurtenance is defined as
85
cards
Kap Real Estate Chapter 3: Encumbrances on Real Property
An encumbrance is,
A lien is a,
Note however that whereas all lie...
53
cards
Kap Real Estate Chapter 4: Property Description
What is a legal description,
There are three basic methods of ...,
Is the earliest form of legal des...
20
cards
Kap Real Estate Chapter 5: Transfer of Title to Real Property
What is a title,
What are the two functions of the...,
What is alienation
50
cards
Kap Real Estate Chapter 6: Land-Use Controls
Police power of the states,
Master plan aka general plan,
Zoning ordinances
46
cards
Kap Real Estate Chapter 7: Real Estate Brokerage and The Law of Agency
Multiple listing service mls,
Co brokered transaction,
Caveat emptor
92
cards
Kap Real Estate Chapter 8: Agency Contracts
All written agency agreements must,
Listing agreement,
Exception to the oral agency agre...
86
cards
Kap Real Estate Chapter 9: Basic Contract Law
1 what is a contract 2 what condi...,
Express contract,
Implied contract
31
cards
Kap Real Estate Chapter 10: Sales Contract Practices
The sales contract1 common name f...,
1 what is the most important docu...,
Uniform electronic transactions a...
69
cards
Kap Real Estate Chapter 11: Landlord and Tenant
Lease,
Leased fee estate plus reversiona...,
Four most important leasehold est...
49
cards
Kap Real Estate Chapter 12: Property Management
What is a property management,
What type of agent is a property ...,
What don t property managers do
51
cards
Kap Real Estate Chapter 13: Property Insurance Basics
An insurance policy is an agreeme...,
Property insurance casualty insur...,
Liability insurance
32
cards
Kap Real Estate Chapter 14: Real Estate Financing: Principles
What is the lien theory,
Who retains both legal and equita...,
1 in the lien theory who is given...
98
cards
Kap Real Estate Chapter 15: Financing Practices
The real estate financing market ...,
Dodd frank wall street reform and...,
The consumer financial protection...
86
cards
Kap Real Estate Chapter 16: Basic Construction
1 what is the most popular reside...,
Ranch style homes,
The split level home tri level homes
63
cards
Kap Real Estate Chapter 17: Real Property Valuation
Appraisal,
To conduct a formal appraisal tha...,
Certified residential appraisers ...
64
cards
Kap Real Estate Chapter 18: Federal Income Taxation of Real Property Ownership
Tax deductible loan expenses,
Real property taxes1 when are the...,
Mortgage interest property taxes ...
57
cards
Kap Real Estate Chapter 19: Fair Housing and Ethical Practices
Civil rights act of 1866,
Us supreme court s 1896 decision ...,
1 federal fair housing act of 196...
68
cards
Kap Real Estate Chapter 21: Closing The Real Estate Transaction
Closing,
Settlement involves,
Closing involves a number of events
71
cards
Kap Real Estate Appendix A: North Carolina Real Estate License Law and Commission Rules
In 1957 the north carolina genera...,
A provisional broker generally ma...,
An individual who sells one prope...
45
cards
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