Subleases - Study guides, Revision notes & Summaries

Realtors - Answer- Members of the National Association of REALTORS® (NAR) are known as Agents or sales people - Answer- Salespersons not associated with NAR are known as Realists - Answer- Members of the National Association of Real Estate Brokers The Texas Association of REALTORS - Answer- Professional organizations specific to the state of Texas would include real estate attorneys, title companies, surveyors, property insurance companies, and government regulatory officials. - Ans...

12A, Licensee: - ANS Article 12A is part of the NY. State Real Property Law known as "Real Estate License Law." And it is the article that states the things that can and cannot. Be done with our license. Capital Gains Tax Exemption - ANS Capital gains are profits from sale which are taxed. Taxpayer Relief Act, a law that says $250,000 of profit is tax-free (tax-exempt) for a single person and $500,000 for a married couple. Property Condition Disclosure Statement - ANS ...

NYS REAL ESTATE EXAM QUESTIONS AND ANSWERS .Buy Quality Materials JJ owns a building with 10 small office suites. The rent of each office is $2,000 per month. She averages 20% vacancy and collects $1,000 a year from the parking meters. What is the potential gross income for JJ's building? $240,000 Spencer financed the purchase of an office building with a $100,000 down payment and a $500,000 loan. His NOI is $56,000 and his debt service is $44,000. What is his cash-on-cash return? 12%...

NYREI Important Terms question and answers 2023 updated Article 12A, Licensee: - correct answer Article 12A is part of the NY. State Real Property Law known as "Real Estate License Law." And it is the article that states the things that can and cannot. Be done with our license. Capital Gains Tax Exemption - correct answer Capital gains are profits from sale which are taxed. Taxpayer Relief Act, a law that says $250,000 of profit is tax-free (tax-exempt) for a single person and $500,000 for...

CONTENTS Study unit Page ABBREVIATIONS FOR REFERENCE BOOKS, ACTS AND OTHER GENERAL TERMS viii MODULE OBJECTIVES AND LEARNING OUTCOMES x SUGGESTIONS FOR USING THIS STUDY GUIDE xi GLOSSARY xii PRACTICAL EXPOSITION xxi Study unit 1: OFFICE AND GENERAL FUNCTIONS OF THE NOTARY 1 1.1 General functions of the notary 1 1.1.1 Introduction and defi nition 1 1.1.2 Offi ce and conduct of notary 2 1.1.3 Protocol and protocol register 3 1.1.4 Duty of care 4 1.1.5 Deeds registry 5 1.1.6 Admissio...

A condominium would be considered as investment property if it is - non-occupant owned. Do real estate trade organizations influence the real estate industry? - The trade organizations influence the real estate industry through the use of codes of ethical conduct How many members does the Texas Real Estate Commission (TREC) consist of? - 9 Real estate professionals perform which of the following functions? - Management and maintenance Salespersons not associated with NAR are known as - rea...

AnswerPUR AUTRE VIE - ANSWER for another's lifetime; a term sometimes used in life estate if the life tenant is allowed to possess the property for the duration of someone else's life. AnswerQUALIFIED FEE ESTATE - ANSWER an estate that is subject to certain limitations imposed by a previous owner; also called a defensible fee. AnswerQUIET ENJOYMENT - ANSWER the right of possession and undisturbed use of property. AnswerQUIET TITLE SUIT - ANSWER a court action to dear clouds on a title...

Two page chart showing enforceability of leasehold covenants. Includes key information, statutes, relevant cases and examples. This document was designed for use during open book exams and MCQs when you need to double check information quickly. Available in Covenant and Land law bundles.