Real Estate Exam FL Sales
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Terms in this set (172)
,A property Absentee Owner
owner who
does not
reside on the
property and
who usually
relies on a
property
manager to
oversee the
investment
A compilation Abstract of Title
of the
recorded
documents
relating to a
parcel of land
from which an
attorney may
give an opinion
as to the
condition of
title (a history
of title)
,A condition in a Acceleration Clause
loan contract
that permits
the lender to
require
immediate
repayment of
the entire loan
balance of the
loan if the
contract is
breached or
conditions for
repayment
occur, such as
sale or
demolition
, A written Acknowledgment
declaration by
a person
signing a
document,
given before
an officer
authorized to
give an oath
(notary public),
stating that the
signing is the
person's
voluntary act
Giving oral or Actual notice
written notice,
presenting a
deed, giving
verbal notice,
or physically
moving into a
property
According to Ad Valorem
value
Associate / Actual Questions &
Verified Answers, .
Save
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (172)
,A property Absentee Owner
owner who
does not
reside on the
property and
who usually
relies on a
property
manager to
oversee the
investment
A compilation Abstract of Title
of the
recorded
documents
relating to a
parcel of land
from which an
attorney may
give an opinion
as to the
condition of
title (a history
of title)
,A condition in a Acceleration Clause
loan contract
that permits
the lender to
require
immediate
repayment of
the entire loan
balance of the
loan if the
contract is
breached or
conditions for
repayment
occur, such as
sale or
demolition
, A written Acknowledgment
declaration by
a person
signing a
document,
given before
an officer
authorized to
give an oath
(notary public),
stating that the
signing is the
person's
voluntary act
Giving oral or Actual notice
written notice,
presenting a
deed, giving
verbal notice,
or physically
moving into a
property
According to Ad Valorem
value
