Steering or channeling - Study guides, Class notes & Summaries

Champion Real Estate Vocabulary Exam Questions and Correct Answers RESPA - ANSWER Real estate settlement prodcedures act - Brokerage - ANSWER The overall real estate business-bringing parties together and completing transactions Independent Contractor - ANSWER A licensee sponsored by a broker who is not considered an employee- there must be a written agreement, the independent contraction must be licensed and [payment is on the basis of performance, not number of ...

TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE WELL RESEARCHED 2023. Statute of Frauds: law that requires some documents (deeds included) to be in writing and signed in order to be enforceable by law  Illegal practice of directing home seekers to a particular neighborhood based on fair housing protected classes? Steering  Taking buyers to or away from a particular area based on any of the protected categories under Fair Housing Laws is called...? steering or channeling ...

TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE WELL RESEARCHED 2023. The law requiring real estate contracts to be in writing is called the...? statue of frauds  Statute of Frauds: law that requires some documents (deeds included) to be in writing and signed in order to be enforceable by law  Illegal practice of directing home seekers to a particular neighborhood based on fair housing protected classes? Steering  Taking buyers to or away from a particular area based on a...

Asset held In a land trust - Answer-Real Estate Level of government where building codes are enforced - Answer-Local Fixtures - Answer-items of personal property that are attached or annexed to real property Fair Housing Act of 1968 - Answer-Prohibited discrimination concerning the sale, rental, and financing of housing based on race. Eliminate discrimination caused by blockbusting, steering, and redlining. Steering - Answer-Channeling prospective buyers or tenants to particular neig...

Gold Coast Real Estate Exam Questions and Answers 100% Pass How long must a broker maintain records/files - Answer- 5 years (2 years after court proceeding) Registered with DBPR, at least one room, records kept there, may be in broker's home if zoning permits - Answer- Broker office requirements Deposit accompanying offer - Answer- Earnest money Commercial bank, title company having trust powers, credit union, or savings association located in the state of FL - Answer- Broker's escrow ...

Champions principles of real estate 1 . EXAMS 3VERSIONS COMBINED Q & A Homestead Protection - ANSWER A statutory estate- a family homestead is protected from forced sale by all creditors except: mortgage, property taxes,m&m liens and homeowner association fees ad valorem taxes - ANSWER Taxes on real estate property's according to value of property Promulgated Contract Forms - ANSWER Written by the Broker-Lawyer Committee and promulgated by TREC these contract forms are for the manda...

NYREI Exam Review (11-20) Questions and Answers NYREI Exam Review (11-20) Questions and Answers NYREI Exam Review (11-20) Questions and Answers NYREI Exam Review (11-20) Questions and Answers NYREI Exam Review (11-20) Questions and Answers NYREI Exam Review (11-20) Questions and Answers NYREI Exam Review (11-20) Questions and Answers -race was first protected class -no exemptions -plessy vs ferguson: seperate but equal was legal -brown vs board of ed: seperate but equal was illegal - ANSWER- ...

Involuntarily Inactive - When the licensee fails to complete the required continuing education and thereby cannot renew their license. Multiple Licenses - Under certain situations, licensees can have more than one license; A Multiple license can exist if a broker has business of such a nature that more than one broker's license is needed for legitimate business purposes and not be harmful to the public. A broker can have multiple brokers' licenses if he manages more than one brokerage firm....

NYREI Test Questions with Correct Answers tester - Answer-the only and fair way to police the real estate industry is through ... civil rights act of 1866 - Answer-was the first major effort of the federal government to guarantee equal housing to all US citizens fair housing act - Answer-provided that it is unlawful to discriminate on the basis of race, color, religion, or national origin when selling or leasing residential property familial status - Answer-means a parent or guardian ...

Usury MOST nearly means - Answer A: illegal interest. Each state sets its own ceiling for the maximum interest rate lenders may charge. Rates above that ceiling are considered ________ and ______. No reputable lender exceeds those rates and those that make a practice of it are commonly known as loan sharks. - Answer usurious and illegal. Which of the following describes a mortgage that requires principal and interest payments at regular intervals and is called the liquidation of debt by pe...