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State Exam Vocabulary

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

By: Allison Klein
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Decks in this class (15)

The Indiana Real Estate Commission
Acts as the front office for the ...,
Licensee affiliated or associated...,
The minimum required to conduct o...
6  cards
Licensing
Individual licensee affiliated wi...,
1 a person who grants another per...,
A federal law passed in 1990 in r...
14  cards
Statutory & Regulatory Requirements
Compensation paid a broker for se...,
A written agency contract between...,
A contract that has not been put ...
36  cards
Property Ownership
A nonpossessory interest in prope...,
A government s valuation of prope...,
1 taking private property for pub...
53  cards
Land Use Controls & Regulations
A nonpossessory interest in prope...,
An easement that benefits a parti...,
A government s valuation of prope...
31  cards
Valuation & Market Analysis
A tangible or intangible feature ...,
A transaction that occurred under...,
The combining of two or more parc...
28  cards
Financing
One who insures another or takes ...,
One who originates sells and serv...,
Party who for a fee originates lo...
71  cards
General Principles of Agency
Person who employs a broker lawye...,
A party in a transaction to whom ...,
An agent of an agent a person tha...
16  cards
Property Condition & Disclosures
Form that states whether an agent...,
Persons are individually held lia...,
A defect that is not visible or a...
12  cards
Contracts
A written agency contract between...,
A contract that has not been put ...,
A listing agreement that entitles...
21  cards
Transfer of Title
1 a contract 2 a promise 3 a guar...,
A judicial proceeding in which th...,
A lender who accepts a mortgage a...
25  cards
Practice of Real Estate
When a lender refuses to make loa...,
Federal law prohibiting public an...,
An act contained in title viii of...
14  cards
Real Estate Calculations
A percentage rate of return used ...,
One tenth of one cent used in som...,
Income after expenses also called...
8  cards
Scenario Based
Professional liability insurance ...,
Lease for which the landlord pays...,
A property developed for co owner...
10  cards
Leasing & Property Management
Professional liability insurance ...,
Person in a position of trust hel...,
An agent authorized to handle all...
31  cards

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State Exam Vocabulary

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