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62 Cards in this Set
- Front
- Back
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Binder deposit cl disc |
Credit to buyer |
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Sales assoc not complete post lic |
Null and void |
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Sale or transfer into without lender consent |
Due on sale |
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Borrower defaults |
Acceleration clause |
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Priority lien |
Prop tax lien always |
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Va |
Gauranteed |
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Fha |
Insured |
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1st time monor violation |
Notice of non compliance |
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If sales assoc took dup listings |
Breech of trust |
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Sales assoc took orig |
Larceny |
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Right to convey |
Seisen |
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Legal notice recording docs |
Constructive notice |
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Lien theory |
Fl ownership. |
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Borrow not retain title |
Title theory |
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Uspap |
Information standards of prof appr practice |
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Bpo |
Brokers pricing opinion |
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Frec |
Always disciplines assoc |
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Fla r e commission rules |
Chapt 61j2 |
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Build prior to 1978 |
Seller disclosure. Warning doc. Does not have to have inspected |
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Appr. Adjustments |
If comp is better subtract from comp |
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Escrow funds held by title co atty must have |
Name addr # |
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Rental lists u can sell w/in 30 days refund |
Refund 75% Mistake in ur list 100% refund |
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Broker dies |
Involuntary inactive |
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If don't take post lic course |
Invol and inactive |
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Receipt of escrow check |
Immediately. End of 3rd bus day not including date of receipt |
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Water flowing |
Riparian rights |
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External obsolesce |
Outside prop. Bad. Can't b fixed |
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Functional obsol |
3 br 1 bath or bad Floorplan. Architecture pitch elect Bill high |
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Restrictive covenants |
All of homes have rules |
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Sections of township |
36 |
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Co owners one dies and ownership passes to son |
Tenancy in co.mon |
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#of acres ? |
Divide by bottom # if and stoo and add |
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Township |
36 plots |
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1 sect of township |
640 acres |
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1 acre equals |
43560sqft |
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Landlord security deposit claims |
15 days to return if no claim |
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Funding fee |
VA loan |
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On va can u have if vet dies |
Only if u don't remarry |
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Statute of frauds |
All r e contracts must be in writing |
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Can u do appr |
Not on a loan |
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Joint ten with right of survivor |
One dies other person gets title |
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Tenancy in common |
Go to heirs |
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Deeds have to b recorded to b valid |
No |
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Ownership passes |
Tenancy in common |
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Abstract of title |
All items recorded on title. Not chain of ownership |
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Nonfreeholdestate |
No ownership. Lease |
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Tenancy at will |
No end date lease |
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Estate for years |
Lease with end date |
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Tenancy at sufferance |
Absent or expired lease |
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Brokers set commission rates high |
Anti trust law violation |
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Referrals fees |
Have to have active r e license for referral fee |
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Single agency |
Only represent 1 side |
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Transaction broker |
Works for both sides |
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Fair housing |
Blockbusters Steering Redlining |
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Discount points |
1 point 1/8 |
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Effectivevyield 5% rate 4vpounts bought |
Increase their yield by 5 12 |
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Proration |
Always debit seller criteria buyer |
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NonFreehold |
Estate for years |
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Freehold |
U own it |
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The fed |
Sets rates |
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Blanket mtg parcel released |
Partial release clause |
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Brokerage |
Llc corp |
