Steering or channeling - Study guides, Class notes & Summaries

Real Estate Exam Questions And Correct Answers, With Complete Verified Solution 100% Constructive Fraud Misleading without intention Private Nuisance A nuisance that affects only a single individual or a very limited number of individuals. Public Nuisance An owner's use of land that causes damage or inconvenience to the general public. GI Zone heavy manufacturing zone eligibility VA loan requires a certificate of ________ Escalation Clause real estate contract offer where the buye...

Civil Rights Act of 1866 - ANSWER-Prohibited discrimination in housing based on race or color Civil Rights Act of 1968 - ANSWER-prohibits discrimination based on race, color, religion, and national origin Steering - ANSWER-taking buyers or renters to or away from a particular area based on race, religion, etc. aka "channeling" Blockbusting - ANSWER-any attempt to induce panic selling in a neighborhood for financial gain Encouraging owners to sell their properties because minorit...

Champion School of Real Estate-Law of Contracts Exam 2023. Texas Real Estate Commission - ANSWER TREC-created by the Legislature in 1949. 9 member commission whose primary purpose is to carry out the provision of the License Act Real Estate Recovery Trust Account - ANSWER administered by TREC. the purpose of the account is to protect aggrieved individuals who suffer monetary loss due to illegal acts of license holders unlawful practice of law - ANSWER license holder is not qualified to ad...

The purpose of the Texas Real Estate License Act is: A. to regulate the sale of real property in Texas B. to prevent commission splits among licensees C. To protect the public against unscrupulous brokers and salesmen D. to define the rule of agents in real estate transactions C Climate, views, access to natural recreation, good schools and job opportunities are some factors that contribute to the desirability of land in particular locations. These factors best describe: A. Scar...

Gold Coast final exam latest update graded A actual notice own it Constructive notice record something in public records How Is Real Estate Recovery Funded ? by fees & fines Eminent Domain government has right to take away public use citizens can't refuse to sell) immune properties government owned lot & block residential sub-division surgery system Metes and Bounds oldest method of land description & provides the most accurate type of legal descriptions What does the Real estate recover...

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  When a buyer purchases a property and takes over the payments and liability on ...

Subsurface rights Rights that include ownership of oil, gas and other minerals Surface and air rights Rights that are conveyed in a cell tower lease Improvement Any permanent man-made addition to the land Personal property Things of a temporary, movable nature Modular homes Factory-built housing built to local building codes Riparian rights Rights that an owner has to use water from a river or stream on or next to a property Littoral rights Rights...

Kentucky Driving Test All Answers Correct _________ are large areas around trucks or other large vehicles where cars may disappear into blind spots. ️no- zones A flashing yellow arrow means ️proceed with caution in the direction of the arrow A turnabout is a legal way to turn your vehicle around. It is also known as ️a two point turn According to Kentucky law, _________ must wear safety belts or suitable child restraints. ️driver and all passengers According to Kentucky law...

TEXAS PRINCIPLES 1 EXAM 2023 - CHAMPIONS SCHOOL OF REAL ESTATE WELL RESEARCHED. • 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...

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 wh...