Blockbusting Study guides, Class notes & Summaries

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...

1866 Civil Rights Act prohibits discrimination on: - race A broker must: - give all offers to seller A house has many liens, in foreclosure, which lien is paid first? - property tax a house has many liens. in foreclosure which is paid first - real property tax a large increase in amount of money in circulation without a corresponding increase in goods and services to be purchased results in - inflation a lawsuit filed to close a missing link in chain of title is: - a suit to quiet title A...

The STAR program provides a partial exemption to NYS homeowners for: A. school district taxes B. special assessment taxes C. county property taxes D. capital gains taxes - correct answers--school district taxes A licensee attempts to get listings by telling homeowners in a neighborhood that their property values will decline when a group of immigrants move in. The licensee could be found guilty of A. Blockbusting B. Steering C. Boycotting D. Redlining - correct answers--Blockbus...

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

Promulgated Contract Forms – Champions|80 Questions & Answers 100% Correct!!. An attempt to induce panic selling in a given neighborhood. a. Blockbusting b. Stigmatized c. Steering d. Straw buyer e. Reasonable Accommodation - ANSWER-a. Blockbusting A(n) _________________ property is one where a particular event has affected the desirability of said property. a. Undesirable b. Stigmatized c. Unsellable d. Foreclosed - ANSWER-b. Stigmatized (ex: murder or haunting) A(n) _____...

Real Estate test bank Exam Questions and answers 100% correct1. Brokerage definition... the business practice of bringing together the parties in a practice. 2. What are two examples of special use property? schools and cemetary 3. What is an example of functional obsolescence? bathroom 4. Principal definition... a consumer of real estate services who has entered into an agency relationship with a broker or another licensee employed by a broker. 5. Capitalization ...

Hawaii real estate exam study guide latest 2023 graded A+ Four land divisions in correct sequence. Division one - oahu Division Two - Maui Division three - Big Island, Division four - Kauai. What is an example of modular Pre-fabricated buildings Blockbusting Making you feel uncomfortable about who moved in your neighborhood Steering Race not fitting in with another race. Land contract Installment contract/agreement of sale Seller removed two speakers after the closing and to hold a letter t...

Surveys are often obtained to - correct answer Partition a property Establish boundary lines Sell a portion of a larger property Real Estate Center in Texas - correct answer Was created by the Texas Legislature in the 1970s It is located on the Texas A&M university campus Collects and complies data relating to real estate matters in Texas Does not have the authority Blockbusting - correct answer Attempting to induce panic selling in a neighborhood for financial gain In real e...

A broker obtained an offer with a deposit from a buyer on June 10, 2008, which states that the offer was irrevocable for five days from date. There had been no acceptance by the next day when the buyer called and revoked his offer. The broker should: get an acceptance by June 15th. get an acceptance by June 16th. return the deposit to the buyer. place the deposit in escrow. CORRECT ANSWER return the deposit to the buyer. Informing a person that he should sell his property because non...

Hawaii real estate exam study guide Questions and Correct Answers, Updated 2024. 100% Four land divisions in correct sequence. Division one - oahu Division Two - Maui Division three - Big Island, Division four - Kauai. What is an example of modular Pre-fabricated buildings Blockbusting Making you feel uncomfortable about who moved in your neighborhood Steering Race not fitting in with another race. Land contract Installment contract/agreement of sale Seller removed two speakers af...