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illinois real estate exam

This class was created by Brainscape user Megan Von Schonhoff. Visit their profile to learn more about the creator.

By: Megan Von Schonhoff
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Decks in this class (26)

Unit 1 - Introduction
Market,
Sponsoring broker,
Real estate license
5  cards
Unit 2 - Real Property and the Law
Accession,
Air rights,
Annexation
25  cards
Unit 3 - Concepts of Home Ownership
Equity,
Piti,
Homeowners insurance policy
8  cards
Unit 4 - Real Estate Agency
Agency,
Agency coupled with an interest,
Agent
32  cards
Unit 5 - Real Estate Brokerage
Antitrust laws,
Broker,
Can spam act of 2003
18  cards
Unit 6 - Brokerage Agreements
Buyer agency agreement,
Comparative market analysis cma,
Contemporaneous offers
17  cards
Unit 7 - Interests in Real Estate
Accretion,
Appurtenant easement,
Avulsion
45  cards
Unit 8 - Forms of Real Estate Ownership
Common elements,
Condominium,
Cooperative
24  cards
Unit 9 - Legal Descriptions
Air lot,
Base line,
Benchmark
28  cards
Unit 10 - Real Estate Taxes and Other Liens
Appropriation,
Collateral,
Encumbrance
33  cards
Unit 11 - Real Estate Contracts
Assignment,
Bilateral contract,
Breach of contract
28  cards
Unit 12 - Transfer of Title
Acknowledgment,
Adverse possession,
Bargain and sale deed
32  cards
Unit 13 - Title Records
Abstract of title,
Actual notice,
Certificate of title
13  cards
Unit 14 - Illinois Real Estate License Law
Blind ad,
Broker,
Designated agency
26  cards
Unit 15: Real Estate Financing: Principles
Acceleration clause,
Alienation clause,
Beneficiary
49  cards
Unit 16: Real Estate Financing: Practice
Adjustable rate mortgage arm,
Amortized loan,
Balloon payment
48  cards
Unit 17: Leases
Actual eviction,
Assignment,
Cash rent
26  cards
Unit 18: Property Management
Americans with disabilities act ada,
Management agreement,
Management plan
18  cards
Unit 19: Real Estate Appraisal
Anticipation,
Appraisal,
Appraiser
45  cards
Unit 20: Land Use Controls and Property Development
Buffer zone,
Building code,
Comprehensive plan
26  cards
Unit 21: Fair Housing and Ethical Practices
Americans with disabilities act ada,
Blockbusting,
Code of ethics
7  cards
Unit 22: Environmental Issues and the Real Estate Transaction
Asbestos,
Brownfield,
Capping
17  cards
Unit 23: Closing the Real Estate Transaction
Accrued item,
Affiliated business arrangement aba,
Closing
18  cards
Unit 24: Real Estate Mathematics
Frontage,
Interest,
Net operating income noi
4  cards
Quick Notes!
Number of cubic feet in a cubic yard,
Number of acres in a section,
Number of linear feet in a mile
27  cards
Illinois Specific Quick Notes
How are members of the illinois r...,
In illinois the amount of conside...,
Jeff is an illinois licensee whic...
6  cards

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illinois real estate exam

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