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Exam (elaborations)

Colorado Real Estate Terms Questions and Correct Answers the Latest Update and Recommended Version

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  • Course
  • Colorado Real Estate
  • Institution
  • Colorado Real Estate

Colorado Real Estate Terms Questions and Correct Answers the Latest Update and Recommended Version

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  • November 2, 2024
  • 38
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Colorado Real Estate
  • Colorado Real Estate
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Colorado Real Estate Terms Questions and
Correct Answers the Latest Update and
Recommended Version
The rate of return an investor wants on an investment in the property is often called:.




Rate of Investment

Capitalization Rate

Yield

Reasonable Return Rate

✓ Capitalization Rate



Addition to the land through natural causes, usually by a change in water flow




accession

acquisition

accretion

annexation

✓ accretion




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If a person lives in an apartment, and owns stock in the corporation possessing the proprietary

lease, this is known as a:




Condominium

Cooperative

time sharing

community property

✓ Cooperative



The failure to perform provisions of a contract without a legal excuse is known as a(n):




termination of contract

exclusions

option

breach of contract

✓ breach of contract



The illegal activity that occurs when competing brokers get together to set commission rates is

called:

price-fixing

group boycotts


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redlining

blockbusting

✓ price-fixing



The seller under a land contract is also known as:




the vendee

leasee

the vendor

leaser

✓ the vendor



The type of survey system that is based on sets of intersecting lines, which are principal

meridians and base lines, is known as:




metes-and-bounds

government survey

lot-and-block system

anticipation

✓ government survey




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A court order that authorizes and directs the proper officer of the court to sell the property of

a defendant as required by the judgment or decree of the court is known as:




a writ of attachment

a writ of execution

constructive eviction

actual eviction

✓ a writ of execution



The buyer's legal procedure to enforce a contract is:




Lis pendens

Specific performance

An attachment

An injunction

✓ Specific performance



This illegal activity is a conspiracy to boycott a firm and drive it out of business. This is known

as:




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