Blockbusting Study guides, Class notes & Summaries

One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): A) attorney-in-fact B) broker with a listing C) special agent D) attorney-at-law attorney-in-fact No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: A) township B) section C) scarcity D) nonhomogeneity nonhomogeneity The five essential elements that make a contract valid are: comp...

Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - ANSWER-B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class into their neighborhood. Which of the following advertisements would violate fair housing law? A Private outdoor space B No elevator access C Walk-in closet D Easy access to the highway - AN...

Promulgated Contract Forms – Champions Promulgated Contract Forms – Champions with Complete SolutionsPromulgated Contract Forms – Champions Promulgated Contract Forms – Champions with Complete SolutionsPromulgated Contract Forms – Champions Promulgated Contract Forms – Champions with Complete Solutions An attempt to induce panic selling in a given neighborhood. - ANSWER-Blockbusting A(n) _________________ property is one where a particular event has affected the desirability of...

Real Estate Principles Final Exam Agent the party authorized to conduct business on the principal's behalf Agency a legal relationship between a principal and an agent Blockbusting the illegal practice of encouraging property owners to sell their homes when minorities begin moving into an area Broker an intermediary who brings together buyers and sellers, assists in negotiating agreements between them, executes their orders, and receives compensation for services rendered Buyer R...

Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a...

Four land divisions in correct sequence. - Answer- Division one - oahu Division Two - Maui Division three - Big Island, Division four - Kauai. What is an example of modular - Answer- Pre-fabricated buildings Blockbusting - Answer- Making you feel uncomfortable about who moved in your neighborhood Steering - Answer- Race not fitting in with another race. Land contract - Answer- Installment contract/agreement of sale Seller removed two speakers after the closing and to hold a let...

Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class into their neighborhood. Which of the following advertisements would violate fair housing law? A Private outdoor space B No elevator access C Walk-in closet D Easy access to the highway - C Walk-in close...

A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - correct answer Periodic tenancy Physical land and everything attached to it is called - correct answer Real Estate Equipment a tenant installs for use in his or her business is called - correct answer Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial compos...

A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a CORRECT ANSWER Periodic tenancy Physical land and everything attached to it is called CORRECT ANSWER Real Estate Equipment a tenant installs for use in his or her business is called CORRECT ANSWER Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial composition of the...

A home is being purchased for $275,000. The buyer agrees to an 80% loan with the seller paying $5,000 of the buyer's closing costs. What amount will the ... - $55,000 A national company desires a parcel of land which must be four times the size of its proposed building. If the building design includes 20,000 square feet .... - B) 2 acres A salesperson is convicted of a crime which involved activities as a real estate licensee. The Commission obtains a certified copy of the .... Acco...