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Modern Real Estate Test Verified and 100% Correct Q & A, Complete Document for Exam
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Modern Real Estate Test Verified and 100% Correct Q & A, Complete Document for Exam
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Modern RealEstate Test
Enter the letter for the matching Answer
, A.
1. summary
ejectment Residential, Commercial, Industrial, Agricultural,
Special purpose.
2. Office of Fair B.
Housing and
Equal Opportunity Deed used when a grantor conveys property as
(OFHEO) a gift; must be recorded within two years or it
becomes void.
3. Special Warranty C.
Deed
The support a parcel of land receives from
adjacent land; a neighbor's duty to support
4. promissory adjoining land in its natural state.
note
D.
5. Real Estate a relationship in which the agent is placed in the
Procedures Act position of trust and confidence to the principal.
E.
6. Overlay
District Estimate based on the present worth of the
future rights to income.
7. Income F.
capitalization
approach to value In NC, the most common title for a real estate
sales contract
8. Fiduciar G.
y
When you deduct the annual operating
expenses of the real estate from the effective
9. fully amortized
gross income.
fixed-rate
mortgage H.
written promise to repay a debt in definite
10. Lateral
installments with interest.
Support
I.
11. Subrogation A type of zoning that is superimposed over
Clause another type of zoning.
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