Compucram Pre-Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024

Who uses the term REALTIST? - members of the National Association of Real Estate Brokers A REALTIST is a member of the National Association of Real Estate Brokers, a group comprised primarily of minority brokers as a response to discrimination from membership to the NAR(R). The Women's council of REALTORS(R) was created as a response to discrimination against woman. The offeror is the person who - makes the offer The person who creates and extends the offer is the offeror. The person who accepts the offer is the offeree. Remember, the "ors" always give (as in donor). How many square feet are in an acre? - 43,560 There are 43,560 square feet in an acre and 640 acres in a square mile. In some states, the common law legal rights that a wife has in property owned by her husband during their marriage are best known as - dower The wife would get dower. If the wife died first, the husband gets her share of property, known as curtesy. What type of land use does NOT comply with the zoning restriction for its location, but is permitted because it benefits the public? - conditional use Conditional uses (hospitals, schools, etc.) usually do not comply with zoning limitations. Nonconforming uses are properties that were in compliance with an old zone. Inverse condemnation is a court action by a private landowner against the government, seeking compensation for damage to property that resulted from government action. Spot zoning refers to an illegal rezone that favors a particular property owner without justification