Real estate l Study guides, Class notes & Summaries

University of Law LPC Real Estate Law and Practice Notes for Units 1 - 15. This includes FULL comprehensive completed workshop notes for the entire module, which includes answers for the preparatory tasks and the in-workshop tasks, that will leave you 100% ready for your workshops, learning and will help you to get a distinction. Some of the workshop units even have a bonus as some of the units come with an additional workshop recap! It is also ready to take into the University of La...

Description: Test Bank for Practical Real Estate Law, Hinkel, 7e prepares you efficiently for your upcoming exams. It contains practice test questions tailored for your textbook. Practical Real Estate Law, Hinkel, 7e Test bank allow you to access quizzes and multiple choice questions written specifically for your course. The test bank will most likely cover the entire textbook. Thus, you will get exams for each chapter in the book. You can still take advatange of the test bank even ...

Real Estate Finance 1 - Texas, Champions School of Real Estate – Finance Latest Update 100% Pass Loan Processing The process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision. Underwriting The process of evaluating a borrowers loan application to determine the risk involved for the lender. Funding The process of transferring funds to a title or escrow company for disbursement. Servicing Sending monthly pa...

Champion School of Real Estate Latest Update 100% Pass Brokerage The aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction Property Managers are generally responsible for the following Day to Day operations, Maintenance and Tenant Relations RMLO Mortgage Brokers are known as NAR The largest trade organization representing real estate professionals is Value A fair return or equivalent in goods, services, or money f...

Property Manager Eligibility Requirements Able to read, write, and understand English Real Estate Broker Practice May engage in building housing and selling housing, or may sell or negotiate the sale of any lot in any subdivision of land comprising of 5 or more lots. Agent Eligibility Requirements 1. Able to read, write, and understand English 2. Is a high school graduate or GED holder 3. Has successfully completed course of study (60 hours) prescribed by the Commission at an ...

Champions School of Real Estate - Real Estate Finance Latest Update Rated A+ A loan unable to be sold to Fannie Mae or Freddie Mac (i.e. A sub-prime loan) Non- Conforming Loan VA Veteran's administration - assists veterans in the purchase of housing by guaranteeing loans) Seller's equity Cash price minus the loan balance A clause often found in a blanket loan allowing the borrower to obtain partial releases of specific lots by making required lump sum payments. Release Clause ...

Oklahoma Real Estate Latest Version Rated A+ Abrogate To abolish in a public manner or end something when formal steps are needed Abstract of Title A summary or copy of all transfers, conveyances, legal proceedings, and any other facts relied on as evidence of title, showing continuity of ownership, together with any other elements of record which may impair title. Abutting The joining, reaching or touching of adjoining land, Abutting parcels of land have a common boundary. acc...

Champions Real Estate Finance Latest Version Graded A+ Loan-to-Value Ratio (LTV) The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage Covers more than one piece of property. Wraparound ...

The Real Estate License Act (TRELA) Exam 1 Quiz Questions Part 2 Already Passed Which of these IS NOT covered in The Real Estate License Act (TRELA) described above? 1. Requirements for establishing and maintaining a real estate business 2. Activities prohibited for licensees, disciplinary processes, and disciplinary actions 3. Structure and purpose of the Texas Real Estate Commission Which of these IS NOT a subchapter subject matter addressed by TRELA? The confidentiality of infor...