Real Estate Licensing Flashcards

Decks in this Class (42):

• Chapter 1 Basic Concepts

  Chapter 1 : Basic Concepts

  Sample Cards:

  chattel,

  land,

  real property
  39 Cards
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• Chapter 2 Property Ownership Interests

  Chapter 2 : Property Ownership/Interests

  Sample Cards:

  bundle of legal rights,

  rights of ownership,

  right of disposition
  71 Cards
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• Chapter 3 Encumbrances On Real Property

  Chapter 3: Encumbrances on Real Property

  Sample Cards:

  encumbrance,

  lien encumbrance,

  voluntary lien
  39 Cards
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• Chapter 4 Property Description

  Chapter 4 : Property Description

  Sample Cards:

  legal description,

  informal description or reference,

  metes bounds
  23 Cards
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• Chapter 5 Transfer Of Title To Real Prop

  Chapter 5 Transfer of Title to Real Property

  Sample Cards:

  voluntary alienation,

  valid deed of conveyance in nc,

  grantor
  32 Cards
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• Appendix C

  Appendix C

  Sample Cards:

  real estate broker,

  broker in charge bic,

  provisional broker
  9 Cards
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• Chapter 13 Real Estate Financing

  Chapter 13 Real Estate Financing

  Sample Cards:

  lien theory,

  title theory north carolina,

  promissory note mortgage loan instrument
  54 Cards
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• Chapter 14 Real Estate Financing

  Chapter 14 Real Estate Financing

  Sample Cards:

  federal reserve system,

  reserve requirements,

  open market operation federal reserve
  67 Cards
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• Chapter 15 Closing The Real Estate Trans

  Chapter 15 Closing the Real Estate Transaction

  Sample Cards:

  closing settlement,

  nc due diligence period ddp,

  buyers loan
  29 Cards
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• Chapter 16 Basic Residential Constructio

  Chapter 16: Basic Residential Construction

  Sample Cards:

  footing foundation component,

  foundation walls,

  piers
  14 Cards
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• Chapter 17 Real Property Valuation

  Chapter 17: Real Property Valuation

  Sample Cards:

  comparative market analysis cma,

  broker price opinion bpo,

  value
  38 Cards
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• Chapter 19 Federal Income Tax Of Real Pr

  Chapter 19: Federal Income Tax of Real Prop Ownership

  Sample Cards:

  tax deduc
  1 Cards
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• Chapter 20 Fair Housing And Ethical Prac

  Chapter 20: Fair Housing and Ethical Practices

  Sample Cards:

  federal fair housing act 1968,

  exemptions to federal fair housing act,

  housing for older persons act of 1995
  10 Cards
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• Real Estate Days Dates To Remember

  Real Estate Days/Dates to Remember

  Sample Cards:

  3 banking days,

  5 calendar days,

  2 years
  16 Cards
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• Engrade Chapter 1

  ENGRADE Chapter 1

  Sample Cards:

  supply is affected by,

  when the supply of a commodity decreases,

  indestructibility uniqueness immobility
  15 Cards
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• Engrade Chapter 2

  ENGRADE Chapter 2

  Sample Cards:

  the concept by which land would decrease,

  generally considered real property,

  bundle of legal rights
  46 Cards
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• Engrade Chapter 3

  ENGRADE Chapter 3

  Sample Cards:

  a homeowner objected when a local utilit,

  the owner of two acres of land sold one,

  a state income tax lien would be properl
  10 Cards
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• Engrade Chapter 4

  ENGRADE Chapter 4

  Sample Cards:

  the system of legal description that def,

  regarding property descriptions,

  which of the following methods of descri
  4 Cards
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• Engrade Chapter 5

  ENGRADE Chapter 5

  Sample Cards:

  title to real estate passes when a valid,

  title to real estate inherited from a pe,

  which of the following is an essential e
  8 Cards
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• Engrade Chapter 6

  Engrade Chapter 6

  Sample Cards:

  deed restrictions can be created by all,

  the primary intent of a zoning ordinance,

  julie and janelle enterprises just purch
  14 Cards
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• Engrade Chapter 7

  ENGRADE Chapter 7

  Sample Cards:

  the real estate brokers fiduciary respon,

  designated agency in nc is considered,

  designated agency can be practiced
  22 Cards
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• Engrade Chapter 8

  ENGRADE Chapter 8

  Sample Cards:

  all of the following are essential to th,

  which of the following documents must be,

  a crier of an auction is not required to
  11 Cards
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• Engrade Chapter 9

  ENGRADE Chapter 9

  Sample Cards:

  a valid listing agreement may be termina,

  by entering into an exclusive agency lis,

  under an exclusive agency listing the li
  14 Cards
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• Engrade Chapter 10

  ENGRADE Chapter 10

  Sample Cards:

  a nc provisional broker obtained an offe,

  a prospective buyer makes a written purc,

  on monday the seller receives a written
  11 Cards
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• Engrade Chapter 11

  ENGRADE Chapter 11

  Sample Cards:

  the concept of constructive eviction req,

  which of the following statements are co,

  rent would best be defined as
  15 Cards
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• Engrade Chapter 12

  ENGRADE Chapter 12

  Sample Cards:

  a tenant makes a rental payment in cash,

  a real estate broker acting as an owner,

  all of the following are important funct
  12 Cards
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• Engrade Chapter 13

  ENGRADE Chapter 13

  Sample Cards:

  if the lender is not paid according to t,

  which of the following statements is are,

  the borrower under a mortgage is known a
  16 Cards
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• Engrade Chapter 14

  ENGRADE Chapter 14

  Sample Cards:

  sally seller has hired larry lister to l,

  an eligible veteran made and offer of 52,

  which of the following terms is consider
  19 Cards
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• Engrade Chapter 15

  ENGRADE Chapter 15

  Sample Cards:

  after closing the settlement statement i,

  what is the settlement statement entry f,

  if personal property taxes appear on a r
  3 Cards
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• Engrade Chapter 16

  ENGRADE Chapter 16

  Sample Cards:

  a certificate of occupancy is issued by,

  types of foundations,

  the r value of insulation refers to the
  10 Cards
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• Engrade Chapter 17

  ENGRADE Chapter 17

  Sample Cards:

  the combining of two or more adjoining l,

  which of the following is generally cons,

  when appraising real estate the appraise
  12 Cards
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• Engrade Chapter 19

  ENGRADE Chapter 19

  Sample Cards:

  when preparing an annual income tax retu,

  which of the following items related to,

  in order to be entitled to an owner occu
  8 Cards
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• Engrade Chapter 20

  ENGRADE Chapter 20

  Sample Cards:

  the refusal of a lending institution to,

  the practice of renting only first floor,

  a house for sale was advertised fine exe
  15 Cards
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• Engrade Chapter 21

  ENGRADE Chapter 21

  Sample Cards:

  sedimentation is defined as,

  in regulations regarding lead based pain,

  the purpose of cercla is
  14 Cards
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• Practice Exam 1

  Practice Exam 1

  Sample Cards:

  under which of the following types of mo,

  promissory note elements,

  in regard to loan costs fha mortgage ins
  36 Cards
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• Practice Exam 2

  Practice Exam 2

  Sample Cards:

  the process of creating a subdivision no,

  when someone dies testate it means they,

  tenant security deposits
  40 Cards
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• Practice Exam 3

  Practice Exam 3

  Sample Cards:

  mr granger owned a commercial office bui,

  improvements for investment property,

  which of the following laws requires a l
  36 Cards
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• Practice Exam 4

  Practice Exam 4

  Sample Cards:

  a licensee must report which of the foll,

  concerning a timeshare violations in nc,

  the interstate land sales full disclosur
  38 Cards
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• Midterm Part 1 Of 3

  Midterm Part 1 of 3

  Sample Cards:

  a real estate agent is holding his first,

  if dual agency is undisclosed it could r,

  estate that cannot pass by inheritance
  27 Cards
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• Midterm Part 2 Of 3

  Midterm Part 2 of 3

  Sample Cards:

  personal property taxes on a residential,

  the property being sold is currently bei,

  closing takes place on june 18th and the
  24 Cards
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• Midterm Part 3

  Midterm Part 3

  Sample Cards:

  the bic at acme realty wants to be a des,

  unpaid real property taxes lawfully beco,

  an example of a freehold estate that is
  7 Cards
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• Module 16

  Module 16

  Sample Cards:

  a license is required when,

  requirements to get a license,

  exemptions from licensing not required 7
  51 Cards
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