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Reference Book - A Real Estate Guide - DRE You will Well go through the dozens of items that go into generating a property assessment in this part, as well as how determining a property value is a combination of art and science. 10 Page Digital Download Study Guide of the Topics Tested on the National Portion of the Real Estate Exam (Applies to all States) (Digital Product - No PHYSICAL Items will be shipped) An easy to follow Real Estate Agent study guide to aid in the comprehension and learning of Real Estate Principles. In order to gain your real estate Download our app to access exclusive features like online lessons. Types of Leasehold Estates, Dual Legal Nature of Lease, Verbal and Written Agreements, Lease Ingredients, Contract and Conveyance Issues, Rights and Obligations of Parties to a Lease, Condemnation of Leased Property, Notice Upon Tenant Default, Non-Waivable Tenant Rights, Remedies of Landlord, Disclosures by Owner or Rental Agent to Tenant
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California Real Estate Salesperson Exam Study Guide Certain contracts bind both parties legally, while others bind only one, and some contracts cannot be legally enforced by either side. You will receive questions and answers that are similar to those on the Ohio Department of Real Estate . Follow this article to know about real estate license requirements state-by-state. As a result, certain provisions of this book may be outdated at this time. reversion-upon termination of a life estate, ownership transfers back to the grantor or the grantor's heirs, power of the government granted through the fifth amendment to take a private citizen's property for public use as long as there is just compensation, clause in policy meant as disinsentive to underinsure - penalty, length between two metes and bounds description is called a course t/f, money paid from a by a lessee to a lessor for the possession of a property per a lease agreement, list and explain two insurance issues in a commercial lease, subrogation- right to substituted for the rights and obligations of another, when, where, and by whom was the statute of frauds created, created in 1677 in england by parliament to protect the rights of the illiterate - originally called the act for the prevention of fraud and perjury, list and explain 2 remedies for a breach of real estate contract, specific performance - forces defaulting party to complete their side of the deal, dower - wife's share of husband's real property upon his death, an estate that a person holds during the life of another person, 3 requirements to be a bonafide purchaser for sale, lien imposed on real property to secure payment for work performed or materials furnished for construction or improvements on property, most loan commitments rae not assignable by borrower t/f, who holds a dominant and servient tenement, an easement is located on the servient tenement but benefits only the dominant tenement, what is a same name affadavit and why is it used, verifies that you are the person listed on the form, 640 acres in a section x 36 sections in a township, damages that are agreed upon in the contract for if a party defaults on their obligations, rights of a property owner for the use of water bordering their land, lien on real property resulting from a lawsuit, prohibits tenant from opening another business within a certian geographical radius of the leased premises, a written agreement is the only evidence and no oral testimony can be submitted, general warranty - contains full warranty of title, prohibits sale of property without lenders consent, right of property owner to buy back thier property before a foreclosure, historical sequence of all owners of property starting with the original owner, a recorded notice informing all interested parties that a legal action has begun which may affect the title of a real property, appropriate amount of coverage for lenders title insurance policy, abandonment, purchase the property, foreclosure, cooperative is owned by a corporation in which a person buys shares and has the right to live there, in larimer county do odd number streets run n/s or e/w, term for combination of adverse possession of differeent people, agreement between bank and tenant recognizing each other in the event of a foreclosure, to prove contents of a written agreement the party must produce the original agreement. 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