Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
20 Cards in this Set
- Front
- Back
ONE WHO REPRESENTS ANOTHER IN ALL MATTERS IS KNOWN AS?
|
GENERAL AGENT
|
|
ONE WHO REPRESENTS ANOTHER IN A SPECIFIC RANGE OF MATTERS IS A?
|
SPECIAL AGENT
|
|
A LISTING IN WHICH ONLY ONE BROKER IS EMPLOYED AND THE PRINCIPAL RETAINS THE RIGHT TO SELL THE PROPERTY WITHOUT COMMISSION IS?
|
EXCLUSIVE AGENCY
|
|
THE LISTING THAT PROVIDES THE MOST PROTECTION TO THE BROKER?
|
EXCLUSIVE RIGHT TO SELL
|
|
A LISTING WHERE IT IS PERMISSIBLE FOR THE PRINCIPAL TO HAVE A LISTING AGREEMENT WITH MORE THAN ONE BROKER IS?
|
OPEN LISTING
|
|
WITH AN OPEN LISTING FOR THE BROKER TO BE PAID A COMMISSION THE BROKER MUST SHOW THAT HE/SHE IS THE?
|
PROCURING CAUSE
|
|
A LISTING THAT IS LEGAL IN ARIZONA, BUT ITS USE IS DISCOURAGED BY THE AZ REAL ESTATE DEPT. IS A?
|
NET LISTING
|
|
AN APPROACH THAT DETERMINES THE VALUE OF THE IMPROVEMENTS SEPARATELY FROM THE VALUE OF THE LAND IS THE?
|
COST APPROACH
|
|
AN APPROACH THAT UTILIZES A COMPARATIVE SALES ANALYSIS IS THE?
|
MARKET DATA APPROACH
|
|
AN APPROACH THAT CONVERTS PROJECTED NET INCOME TO AN INDICATION OF VALUE IS THE?
|
INCOME APPROACH
|
|
THE PRESENT WORTH SOMEONE WOULD EXCHANGE FOR THE FUTURE BENEFITS OF OWNERSHIP IS?
|
VALUE
|
|
THE FOUR CHARACTERISTICS OF VALUE ARE?
|
DEMAND, UTILITY, SCARCITY, TRANSFERABILITY
|
|
THE MOST PROFITABLE USE TO WHICH LAND CAN BE UTILIZED, THE ONE THAT WILLBRING THE GREATEST RETURN?
|
HIGHEST AND BEST USE
|
|
A PROPERTY OBTAINS MAXIMUM VALUE WHEN IT CONFORMS TO THE NEIGHBORHOOD IS PRINCIPLE OF?
|
CONFORMITY
|
|
A LOSS IN VALUE DUE TO THE CONSTRUCTION OF A FACTORY NEAR A RESIDENTIAL AREA IS?
|
ECONOMIC OBSOLESCENCE
|
|
MONEY SPENT ON A PARTICULAR IMPROVEMENT TO A PROPERTY, SUCH AS A TENNIS COURT, INCREASE RETURNS THEREFORE IS KNOWN AS?
|
CONTRIBUTION
|
|
PUTTING SEVERAL PROPERTIES UNDER COMMON OWNERSHIP TO OBTAIN HIGHEST AND BEST USE IS?
|
PLOTTAGE
|
|
THE PROCESS OF COMPLETING PLOTTAGE?
|
ASSEMBLAGE
|
|
LOSS OF VALUE DUE TO WEAR AND TEAR OF THE PROPERTY?
|
PHYSICAL DEPRECIATION OR PHYSICAL DETERIORATION.
|
|
LOSS OF VALUE DUE TO OUTMODED EQUIPMENT, STYLE, ETC...
|
FUNCTIONAL OBSOLESCENCE
|