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Study sets matching "real estate"

316 terms
Real Estate
What does PETE stand for?
What is Escheat?
How is LTV calculated?
What is Eminent domain?
Police Power, Eminent Domain, Taxation, Escheat
Abandonment (dying with no will and no heirs with the propert…
Loan amount divided by sale price or appraised value (whichev…
It is the government taking private property for public good.
What does PETE stand for?
Police Power, Eminent Domain, Taxation, Escheat
What is Escheat?
Abandonment (dying with no will and no heirs with the propert…
316 terms
Real Estate
What does PETE stand for?
What is Escheat?
How is LTV calculated?
What is Eminent domain?
Police Power, Eminent Domain, Taxation, Escheat
Abandonment (dying with no will and no heirs with the propert…
Loan amount divided by sale price or appraised value (whichev…
It is the government taking private property for public good.
What does PETE stand for?
Police Power, Eminent Domain, Taxation, Escheat
What is Escheat?
Abandonment (dying with no will and no heirs with the propert…
316 terms
Real Estate
What does PETE stand for?
What is Escheat?
How is LTV calculated?
What is Eminent domain?
Police Power, Eminent Domain, Taxation, Escheat
Abandonment (dying with no will and no heirs with the propert…
Loan amount divided by sale price or appraised value (whichev…
It is the government taking private property for public good.
What does PETE stand for?
Police Power, Eminent Domain, Taxation, Escheat
What is Escheat?
Abandonment (dying with no will and no heirs with the propert…
10 terms
Real estate
market price
furniture
rent
location
tržná cena
nábytok
nájom
poloha
market price
tržná cena
furniture
nábytok
19 terms
Real estate
accomodation
(affordable) housing
deposit
estate agent
zakwaterowanie
mieszkania, lokale (w rozsądnej cenie)
kaucja
agent nieruchomości, pośrednik
accomodation
zakwaterowanie
(affordable) housing
mieszkania, lokale (w rozsądnej cenie)
42 terms
Real estate
Rent
rent out
can I see the house?
I'm calling about
арендовать
сдавать
могу я посмотреть дом?
я звоню по поводу
Rent
арендовать
rent out
сдавать
10 terms
Real estate
Realtor
Landlord
tenant
Deed
Someone who sells houses
Someone who owns a house or property that they rent to a tenant
A person who pays for the right to live in a residence owned…
a paper that shows who owns a certain building or piece of land
Realtor
Someone who sells houses
Landlord
Someone who owns a house or property that they rent to a tenant
18 terms
Real Estate Math
Annual Taxes
Loan To Value Ratio (LTV)
Monthly Principle and Interest
Annual Interest
(Assessed Value ÷ 100) * Tax Rate
Loan Amount ÷ Sales Price or Appraised Value (Whichever is le…
Loan Amount/1000 * Mortgage Loan Factor
Loan Amount or Principal Balance * Interest %
Annual Taxes
(Assessed Value ÷ 100) * Tax Rate
Loan To Value Ratio (LTV)
Loan Amount ÷ Sales Price or Appraised Value (Whichever is le…
13 terms
Real Estate - Fair Housing
Civil Rights Act of 1866
Fair Housing Act
Familial Status
Housing for Older Persons Act (HOPA)
This law prohibits discrimination based on race in every prop…
The Civil Rights Act of 1968, the Housing and Community Devel…
The presence of one or more persons under the age of 18 livin…
Law repealing requirement that housing for those 55 and older…
Civil Rights Act of 1866
This law prohibits discrimination based on race in every prop…
Fair Housing Act
The Civil Rights Act of 1968, the Housing and Community Devel…
6 terms
Real Estate Finance #2
1. Activity in the real estate market…
2. When demand for housing exceeds the…
3. Real estate and business cycles con…
4. The highest point in a new business…
c: Real estate cycle
d. Seller's market
a. Four phases
c . Peak
1. Activity in the real estate market…
c: Real estate cycle
2. When demand for housing exceeds the…
d. Seller's market
29 terms
Real Estate
Real Estate in a Portfolio
role of leverage in real estate
percentage lease (rent)
valuation approaches to real estate
-has both bond like and stock like characteristics... -leases ge…
-level of interest rates and debt availability affect real es…
-retail tenants are often required to pay additional rent onc…
-the cost approach, sales comparison approach, and income app…
Real Estate in a Portfolio
-has both bond like and stock like characteristics... -leases ge…
role of leverage in real estate
-level of interest rates and debt availability affect real es…
10 terms
Real Estate Finance #1
1. Which of the following means a rela…
2. An interest in real estate or real…
3. Which of the following is personal…
4. The highest legal form of property…
b. Fiduciary
d. Life estate
c. Chattel
b. Fee simple estate
1. Which of the following means a rela…
b. Fiduciary
2. An interest in real estate or real…
d. Life estate
316 terms
Real Estate
What does PETE stand for?
What is Escheat?
How is LTV calculated?
What is Eminent domain?
Police Power, Eminent Domain, Taxation, Escheat
Abandonment (dying with no will and no heirs with the propert…
Loan amount divided by sale price or appraised value (whichev…
It is the government taking private property for public good.
What does PETE stand for?
Police Power, Eminent Domain, Taxation, Escheat
What is Escheat?
Abandonment (dying with no will and no heirs with the propert…
19 terms
REAL ESTATE
accommodation
affordable housing
deposit
estate agent
zakwaterowanie
mieszkania/lokale w rozsądnej cenie
kaucja
agent nieruchomościowy
accommodation
zakwaterowanie
affordable housing
mieszkania/lokale w rozsądnej cenie
104 terms
Real Estate Finance: Basics of Real Estate Finance
In order for a lender to actually make…
The parties with whom the real estate…
By obtaining the loan application and…
Loan Commitment or Pre-approval Letter
Application;... Underwriting;... Pre-disclosures;... Verification, tit…
-the loan officer who takes the application... -the loan process…
By obtaining the loan application and verifying the informati…
Issued when the lender has reviewed the buyer's credit histor…
In order for a lender to actually make…
Application;... Underwriting;... Pre-disclosures;... Verification, tit…
The parties with whom the real estate…
-the loan officer who takes the application... -the loan process…
138 terms
California Real Estate
Demise
Lessor
Cash Flow
Net Spendable
In real estate - to convey or transfer the possession and use…
Owner - Landlord; Lessee - tenant/ renter
Money the investor has at the end of the year after deducting…
Related to "Cash Flow." Computed by deducting income tax from…
Demise
In real estate - to convey or transfer the possession and use…
Lessor
Owner - Landlord; Lessee - tenant/ renter
13 terms
Real Estate - Fair Housing
Civil Rights Act of 1866
Fair Housing Act
Familial Status
Housing for Older Persons Act (HOPA)
This law prohibits discrimination based on race in every prop…
The Civil Rights Act of 1968, the Housing and Community Devel…
The presence of one or more persons under the age of 18 livin…
Law repealing requirement that housing for those 55 and older…
Civil Rights Act of 1866
This law prohibits discrimination based on race in every prop…
Fair Housing Act
The Civil Rights Act of 1968, the Housing and Community Devel…
19 terms
Real estate
accomodation
(affordable) housing
deposit
estate agent
zakwaterowanie
mieszkania, lokale (w rozsądnej cenie)
kaucja
agent nieruchomości, pośrednik
accomodation
zakwaterowanie
(affordable) housing
mieszkania, lokale (w rozsądnej cenie)
316 terms
Real Estate
What does PETE stand for?
What is Escheat?
How is LTV calculated?
What is Eminent domain?
Police Power, Eminent Domain, Taxation, Escheat
Abandonment (dying with no will and no heirs with the propert…
Loan amount divided by sale price or appraised value (whichev…
It is the government taking private property for public good.
What does PETE stand for?
Police Power, Eminent Domain, Taxation, Escheat
What is Escheat?
Abandonment (dying with no will and no heirs with the propert…
316 terms
Real Estate
What does PETE stand for?
What is Escheat?
How is LTV calculated?
What is Eminent domain?
Police Power, Eminent Domain, Taxation, Escheat
Abandonment (dying with no will and no heirs with the propert…
Loan amount divided by sale price or appraised value (whichev…
It is the government taking private property for public good.
What does PETE stand for?
Police Power, Eminent Domain, Taxation, Escheat
What is Escheat?
Abandonment (dying with no will and no heirs with the propert…
675 terms
COMPLETE REAL ESTATE PREP
Section 1.1: The Nature of Real Property
Leasing
Bundle of Rights 1.1
Real Estate 1.1
1. What is the nature of real property? ... 2. What are the phys…
An agreement whereby one gives up possession of real property…
Term for legal rights that accompany real property ... 1. Right…
Refers to the physical land and permanent, man-made improveme…
Section 1.1: The Nature of Real Property
1. What is the nature of real property? ... 2. What are the phys…
Leasing
An agreement whereby one gives up possession of real property…
74 terms
16.Real Estate Appraisal
The Appraisal Foundation (TAF)
The work of TAF is completed by THREE…
State Licensed and Certified Appraisers
Florida has THREE license types for ap…
was founded in 1987 as a source for advancing professional st…
- The Appraiser Qualifications Board (AQB)... -The Appraisal Sta…
Although real estate professionals are empowered to perform a…
- Registered Trainee Appraiser ... - Certified Residential Appra…
The Appraisal Foundation (TAF)
was founded in 1987 as a source for advancing professional st…
The work of TAF is completed by THREE…
- The Appraiser Qualifications Board (AQB)... -The Appraisal Sta…
18 terms
Real Estate Math
Annual Taxes
Loan To Value Ratio (LTV)
Monthly Principle and Interest
Annual Interest
(Assessed Value ÷ 100) * Tax Rate
Loan Amount ÷ Sales Price or Appraised Value (Whichever is le…
Loan Amount/1000 * Mortgage Loan Factor
Loan Amount or Principal Balance * Interest %
Annual Taxes
(Assessed Value ÷ 100) * Tax Rate
Loan To Value Ratio (LTV)
Loan Amount ÷ Sales Price or Appraised Value (Whichever is le…
17 terms
Real estate
countryside
in the suburbs
on the outskirts
statue
countryside
in the suburbs
Real Estate
oxidative capacity, type of myosin iso…
speed, higher, speed, fast
lowest force
greater, higher
3 primary biochemical characteristics of muscle important to…
at any absolute force the ______ of movement is greater in mu…
the maximum velocity of shortening is greatest at the _______…
at any given velocity of movement, the power generated is ___…
oxidative capacity, type of myosin iso…
3 primary biochemical characteristics of muscle important to…
speed, higher, speed, fast
at any absolute force the ______ of movement is greater in mu…
338 terms
real estate
For the broker registered as the sales…
Be a bona fide Florida resident
An applicant who has held an active Fl…
Whenever deemed appropriate by the leg…
A licensed sales associate may operate?
A sales associate applicant is not required to comply with wh…
Which person does not meet the experience requirements to obt…
Which statement does not describe the intent of the Florida L…
For the broker registered as the sales…
A licensed sales associate may operate?
Be a bona fide Florida resident
A sales associate applicant is not required to comply with wh…
18 terms
Real Estate Math
Annual Taxes
Loan To Value Ratio (LTV)
Monthly Principle and Interest
Annual Interest
(Assessed Value ÷ 100) * Tax Rate
Loan Amount ÷ Sales Price or Appraised Value (Whichever is le…
Loan Amount/1000 * Mortgage Loan Factor
Loan Amount or Principal Balance * Interest %
Annual Taxes
(Assessed Value ÷ 100) * Tax Rate
Loan To Value Ratio (LTV)
Loan Amount ÷ Sales Price or Appraised Value (Whichever is le…
316 terms
Real Estate
What does PETE stand for?
What is Escheat?
How is LTV calculated?
What is Eminent domain?
Police Power, Eminent Domain, Taxation, Escheat
Abandonment (dying with no will and no heirs with the propert…
Loan amount divided by sale price or appraised value (whichev…
It is the government taking private property for public good.
What does PETE stand for?
Police Power, Eminent Domain, Taxation, Escheat
What is Escheat?
Abandonment (dying with no will and no heirs with the propert…
96 terms
Real Estate Principles: Final
Acre
Test for fixtures
Bill of sale
US Government Survey uses
4840 square yards; 43560 square feet
1. Relationship to parties... 2. Method of attachment... 3. Intent…
Transfers title to personal property
Sections and Townships
Acre
4840 square yards; 43560 square feet
Test for fixtures
1. Relationship to parties... 2. Method of attachment... 3. Intent…
19 terms
real estate
accommodation
(affordable) housing
deposit
estate agent
zakwaterowanie
mieszkania/lokale (w rozsądnej cenie)
kaucja
agent sprzedaży nieruchomości
accommodation
zakwaterowanie
(affordable) housing
mieszkania/lokale (w rozsądnej cenie)
13 terms
Real Estate - Fair Housing
Civil Rights Act of 1866
Fair Housing Act
Familial Status
Housing for Older Persons Act (HOPA)
This law prohibits discrimination based on race in every prop…
The Civil Rights Act of 1968, the Housing and Community Devel…
The presence of one or more persons under the age of 18 livin…
Law repealing requirement that housing for those 55 and older…
Civil Rights Act of 1866
This law prohibits discrimination based on race in every prop…
Fair Housing Act
The Civil Rights Act of 1968, the Housing and Community Devel…
18 terms
Real Estate Math
Annual Taxes
Loan To Value Ratio (LTV)
Monthly Principle and Interest
Annual Interest
(Assessed Value ÷ 100) * Tax Rate
Loan Amount ÷ Sales Price or Appraised Value (Whichever is le…
Loan Amount/1000 * Mortgage Loan Factor
Loan Amount or Principal Balance * Interest %
Annual Taxes
(Assessed Value ÷ 100) * Tax Rate
Loan To Value Ratio (LTV)
Loan Amount ÷ Sales Price or Appraised Value (Whichever is le…
531 terms
MOSELEY FLINT REAL ESTATE
Section 1.1: The Nature of Real Property
Leasing
Bundle of Rights 1.1
Real Estate 1.1
1. What is the nature of real property? ... 2. What are the phy…
An agreement whereby one gives up possession of real property…
Term for legal rights that accompany real property ... 1. Right…
Refers to the physical land and permanent, man-made improveme…
Section 1.1: The Nature of Real Property
1. What is the nature of real property? ... 2. What are the phy…
Leasing
An agreement whereby one gives up possession of real property…
360 terms
Real Estate-350 ques
PETE stand for?
Escheat?
How is LTV calculated?
Eminent domain?
Police Power, Eminent Domain, Taxation, Escheat
Abandonment (dying with no will /no heirs )taken by the state…
Loan amount /sale price or appraised value (whichever is lowe…
It is the government taking private property for public good.
PETE stand for?
Police Power, Eminent Domain, Taxation, Escheat
Escheat?
Abandonment (dying with no will /no heirs )taken by the state…
26 terms
Real estate - words and pictures
attic
dining room
living room
kitchen
attic
dining room
59 terms
Real Estate Basics: Basic Real Estate Concepts
Land
Improvements
Surface Rights
Subsurface Rights
Everything from a point in the center of the earth outward to…
Man made (artificial) attachments to the land such as -... Buil…
Rights to the minerals, water, and the plants and trees growi…
Rights to the minerals, gases and water underneath the surfac…
Land
Everything from a point in the center of the earth outward to…
Improvements
Man made (artificial) attachments to the land such as -... Buil…
84 terms
REAL ESTATE VOCABULARY
abstract of title
accelerated cost recovery system (ACRS)
condemnation
acceleration clause
the condensed history of the recorded ownership of a particul…
Method for claiming tax deductions for certain property purch…
A judicial or administrative proceeding to exercise the power…
The clause in a mortgage or deed of trust that can be enforce…
abstract of title
the condensed history of the recorded ownership of a particul…
accelerated cost recovery system (ACRS)
Method for claiming tax deductions for certain property purch…
18 terms
UNIT 1 REAL ESTATE
BROKER
salesperson
Appraisal
property manager
is defined as a person or company licensed to buy, sell, exch…
is employed by or associated with the broker to perform broke…
is the process of developing an opinion of a property's marke…
is a person or company hired to maintain and manage property…
BROKER
is defined as a person or company licensed to buy, sell, exch…
salesperson
is employed by or associated with the broker to perform broke…
Real Estate Finance #1
1. Which of the following means a rela…
2. An interest in real estate or real…
3. Which of the following is personal…
4. The highest legal form of property…
b. Fiduciary
d. Life estate
c. Chattel
b. Fee simple estate
1. Which of the following means a rela…
b. Fiduciary
2. An interest in real estate or real…
d. Life estate
50 terms
Real estate: unit 4
B
C
C
D
B
C
New REAL ESTATE VOCAB
amortization
laches
ridgeboard
assesor
payment of a debt in equal periodic installments of principal…
unreasonable delay by a party making a claim or bringing an a…
the highest horizontal member of a roof, running along ridge…
one who estimates value of property for tax purposes
amortization
payment of a debt in equal periodic installments of principal…
laches
unreasonable delay by a party making a claim or bringing an a…
104 terms
Real Estate Finance: Basics of Real Estate Finance
In order for a lender to actually make…
The parties with whom the real estate…
By obtaining the loan application and…
Loan Commitment or Pre-approval Letter
Application;... Underwriting;... Pre-disclosures;... Verification, tit…
-the loan officer who takes the application... -the loan process…
By obtaining the loan application and verifying the informati…
Issued when the lender has reviewed the buyer's credit histor…
In order for a lender to actually make…
Application;... Underwriting;... Pre-disclosures;... Verification, tit…
The parties with whom the real estate…
-the loan officer who takes the application... -the loan process…
22 terms
Unit oneoverview of real estate
Reap
Authorization
Council
Industry professional
Refers to real estate Association program which is the prelic…
Refers to licensing and registration certificate issued by RE…
Refers to those individuals who have been appointed by Reca
Refers to individuals who are licensed by REcaaccording to th…
Reap
Refers to real estate Association program which is the prelic…
Authorization
Refers to licensing and registration certificate issued by RE…
47 terms
Real Estate Test 1
What 2 theory statistic uses to create…
What is Functional Integrity Principle?
What is Homogeneity principle?
What is Urban Sprawl?
Functional Integrity Principle and Homogeneity principle
Economic links between counties
similarities between counties
Movement of urban people (core) to the suburbs (outer region)
What 2 theory statistic uses to create…
Functional Integrity Principle and Homogeneity principle
What is Functional Integrity Principle?
Economic links between counties
1. Real Estate Glossary and Definitions 2016 alc
acceleration clause
adjustable-rate mortgage (ARM)
adjustment date
amortization
A clause in your mortgage which allows the lender to demand p…
A mortgage in which the interest changes periodically, accord…
The date the interest rate changes on an adjustable-rate mort…
The loan payment consists of a portion which will be applied…
acceleration clause
A clause in your mortgage which allows the lender to demand p…
adjustable-rate mortgage (ARM)
A mortgage in which the interest changes periodically, accord…
13 terms
Real Estate - Fair Housing
Civil Rights Act of 1866
Fair Housing Act
Familial Status
Housing for Older Persons Act (HOPA)
This law prohibits discrimination based on race in every prop…
The Civil Rights Act of 1968, the Housing and Community Devel…
The presence of one or more persons under the age of 18 livin…
Law repealing requirement that housing for those 55 and older…
Civil Rights Act of 1866
This law prohibits discrimination based on race in every prop…
Fair Housing Act
The Civil Rights Act of 1968, the Housing and Community Devel…
32 terms
Real Estate Terms
spacious
peaceful
luxury flat
luxurious
priestranný
tichý
luxusný byt
luxusný
spacious
priestranný
peaceful
tichý
110 terms
Real Estate-Financing
Michigan
Lien Theory Buyer Responsibilities
Lien Theory Lender Responsibilities
Loan to Value (LTV):
Lien Theory State
- holds the deed during the term... - promises to make all payme…
- mortgage becomes lien on property... - upon default lender for…
Ratio of Loan to Value, ie Loan/Value
Michigan
Lien Theory State
Lien Theory Buyer Responsibilities
- holds the deed during the term... - promises to make all payme…
50 terms
Unit 3 real estate
C
A
B
C
C
A
50 terms
Real estate unit 2
C
C
B
A
C
C
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