RE Practice Final - Review
Curb appeal
How a house looks to a passerby when compared to the rest of the neighborhood is called:
Five years
When selling an older home, disclosure must be made to the buyer of any insurance claims made within
the last:
Jones v. Mayer
The federal Civil Rights Act of 1968 was based on the Supreme Court case of:
27.5 years
For income tax purposes, the straight-line deprecation schedule for RESIDENTIAL property is a minimum
of:
are given precedence over preprinted instructions
In a listing agreement, handwritten or typed-in instructions:
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False
True or false? A private lender is an institutional lender.
Listing Syndication
the process of getting listing information displayed on numerous other websites is:
Disclosure Regarding Real Estate Agency Relationship (AD) ; Wire Fraud and Electronic Funds Transfer
Advisory (WFA); Seller's Advisory (SA)
What is part of the CAR "Listing Agreement Package"
Percentage lease
What type of lease calls for an additional percentage of the lessee's gross business income above the
minimum fixed rent?
"Search Engine Optimization"
Having your name and website address near the top when potential clients who use the internet to
search for an agent is known as
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