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10 Cards in this Set
- Front
- Back
net listing supplies
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amount seller is to receive from sale of property |
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revocable living trust
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created to permit property owners to provide for their own financial care |
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joining together of two or more people or firms to make and operate real estate
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syndicate |
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two primary methods used to describe real estate in texas
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metes/bounds & recorded subdivision plats |
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in texas most sections are larger than |
640 Ac. |
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What takes priority over all liens |
real estate taxes & special assesments |
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a specific involuntary lien that gives security to persons or companies that perform labor or furnish material to improve real property is
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a mechanics lien |
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Debts of deceased
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general, statutory, and involuntary liens |
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Avoidable contract is |
someone may be legally injured if the contract were enforced |
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when is a broker a party to the contract |
given a power of attorney or is acting in accordance with a property management agreement |