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Real Estate Practice : Lesson 423 - 11/24/2009 06:32 PM
#423 Appraisal, financing, property management, and real estate developement are all…
Real Estate Practice : Lesson 422 - 11/24/2009 06:31 PM
#422 When the population of a town suddenly increases demand for housing will start to decrease…
Real Estate Practice : Lesson 421 - 11/23/2009 02:43 PM
#421 If an option to purchase real estate has been recorded but has never been worked out, the…
Real Estate Practice : Lesson 420 - 11/23/2009 02:40 PM
#420 A contract is considered to be a void contract if it can't be enforced because of a statute…
Real Estate Practice : Lesson 419 - 11/23/2009 02:16 PM
#419 When we talk about REALTORS® we're talking about professionals that are members of the…
Real Estate Practice : Lesson 418 - 11/23/2009 01:44 PM
#418 When we speak of the statute of frauds we're talking about a law which requires that all…
Real Estate Practice : Lesson 417 - 11/23/2009 01:23 PM
A contract can be discharged, terminated and cancelled if it is breached by any party to the…
Real Estate Practice : Lesson 416 - 11/23/2009 01:12 PM
#416 If a clause is included in a contract that will award five thousand dollars to one party if…
Real Estate Practice : Lesson 415 - 11/23/2009 12:33 PM
#415 Special assessment taxes are transfer taxes imposed at closing and affect the transfer of…
Real Estate Practice : Lesson 414 - 11/16/2009 08:07 PM
#414 In order to obtain a nonconforming use permit a property owner has to demonstrate to the…
Real Estate Practice : Lesson 413 - 11/16/2009 08:06 PM
#413 If the owner of a property believes that their property was unfairly or improperly zoned by…
Real Estate Practice : Lesson 412 - 11/16/2009 08:06 PM
When new zoning ordinances become law and become effective nonconfroming uses are only allowed a…
Real Estate Practice : Lesson 411 - 11/16/2009 08:05 PM
#411 Land use control laws are created to insure that certain properties remain profitable and…
Real Estate Practice : Lesson 410 - 11/16/2009 08:04 PM
#410 Particular conditions may arise that require an environmental impact statement to be…
Real Estate Practice : Lesson 409 - 11/16/2009 08:04 PM
#409 Zoning ordinances may be designed to control the types of religious preferences that are…
Real Estate Practice : Lesson 408 - 11/16/2009 08:03 PM
#408 When a conveyance tax is assessed it's always based on the fair market value of the home…
Real Estate Practice : Lesson 407 - 11/16/2009 08:03 PM
#407 When we speak about the police power of a local government we're usually referring to the…
Real Estate Practice : Lesson 406 - 11/16/2009 08:02 PM
#406 When areas of a property are demarcated because their use is deemed unfit with the local…
Real Estate Practice : Lesson 405 - 11/16/2009 08:01 PM
#405 A judgement lien will always take a priority over a property tax lien regardless of how…
  Most states require agents to take continuing education. In Pennsylvania we must take 14 hrs…
Real Estate Practice : Lesson 404 - 11/09/2009 01:46 AM
#404 A type of document, which is recorded, which informs persons interested in buying a…
Real Estate Practice : Lesson 403 - 11/09/2009 01:45 AM
#403 A judge ruled in a pending lawsuit that a lien is to be placed on the defendant's home…
Real Estate Practice : Lesson 402 - 11/09/2009 01:45 AM
#402 Andrew has actually constructed an easement over Tanya's property. If Andrew buys Tanya's…
Real Estate Practice : Lesson 401 - 11/09/2009 01:44 AM
#401 If a balcony in an apartment structure hangs over a boundary line which was created to…
Real Estate Practice : Lesson 400 - 11/09/2009 01:44 AM
#400 When we talk about real estate property tax liens we're talking about tax liens that are…
Real Estate Practice : Lesson 399 - 11/09/2009 01:43 AM
#399 When a subdivision creates private restrictions in the declaration of Covenants, Conditions…
Real Estate Practice : Lesson 398 - 11/09/2009 01:43 AM
#398 If there is a cloud on a title, and it seems that it can't be cleared, a judicial…
Real Estate Practice : Lesson 397 - 11/09/2009 01:42 AM
#397 One of the main reasons why the grantee should see to it that the deed is recorded properly…
Real Estate Practice : Lesson 396 - 11/09/2009 01:42 AM
#396 If a will is written but there is no witness to the composition of the will this type of…
Real Estate Practice : Lesson 395 - 11/09/2009 01:41 AM
#395 If there just happens to be an unfortunate cloud on the title the cloud may be cleared by…
Real Estate Practice : Lesson 394 - 11/02/2009 02:23 AM
#394 When a conveyance is undertaken, in order for the conveyance to take place the deed must be…
Real Estate Practice : Lesson 393 - 11/02/2009 02:21 AM
#393 When a warranty deed is given to the purchaser of a parcel of real estate the warranty deed…
Real Estate Practice : Lesson 392 - 11/02/2009 02:18 AM
#392 If te government decides to transfer the title of property to a private party this is…
Real Estate Practice : Lesson 391 - 11/02/2009 02:15 AM
#391 When real estate is transferred from one party to another the process is commonly referred…
Real Estate Practice : Lesson 390 - 11/02/2009 02:12 AM
#390 An owner of a parcel of real estate allows a trespasser to continue trespassing on the land…
Real Estate Practice : Lesson 389 - 11/02/2009 02:07 AM
#389 When we talk about a license a license is always considered to be an example of a…
Real Estate Practice : Lesson 388 - 11/02/2009 02:05 AM
#388 When the government decides to take over the ownership of a piece of real estate for public…
Real Estate Practice : Lesson 387 - 11/02/2009 02:02 AM
#387 Most states have a law which says that a comparative market analysis, a CMA, must be…
Real Estate Practice : Lesson 386 - 11/02/2009 02:00 AM
#386 Under a listing contract a broker commits himself or herself to an obligation to work for…
Real Estate Practice : Lesson 385 - 11/02/2009 01:58 AM
#385 When a final decision is to be reached regarding the matter of the price to be listed for…
Real Estate Practice : Lesson 384 - 10/26/2009 04:17 AM
#384 Under an open listing and an exclusive agency listing agreement the seller can avoid having…
Real Estate Practice : Lesson 383 - 10/26/2009 04:17 AM
#383 A listing agreement stated that it will expire on June 18th, 2009. If the owner dies on…
Real Estate Practice : Lesson 382 - 10/26/2009 04:16 AM
#382 When we consider the likenesses inherent in an exclusive-right-to-sell listing and an…
Real Estate Practice : Lesson 381 - 10/26/2009 04:15 AM
#381 When a listing is taken by an agent and the brokerage the listing is generally considered…
Real Estate Practice : Lesson 380 - 10/26/2009 04:14 AM
#380 When a broker creates a relationship between himself / herself and the seller this type of…
Real Estate Practice : Lesson 379 - 10/26/2009 04:13 AM
#379 When we consider the term fiduciary when we're talking about a real estate transaction we…
Real Estate Practice : Lesson 378 - 10/26/2009 04:13 AM
#378 When a home was constructed, each room of the house was preassembled at a factory before…
Real Estate Practice : Lesson 377 - 10/26/2009 04:12 AM
#377 A medical building owner wanted to convert the building into residential property and sell…
Real Estate Practice : Lesson 376 - 10/26/2009 04:11 AM
#376 Some of the costs and expenses that have to be considered are the recurrent taxes on…
Real Estate Practice : Lesson 375 - 10/26/2009 04:07 AM
#375 When the owner of the property signs an agreement allowing the tenant that signs the…
Real Estate Practice : Lesson 374 - 10/19/2009 02:21 AM
#374 A life-tenant by the name of Senderfell wants to dig up the earth around his property and…
Real Estate Practice : Lesson 373 - 10/19/2009 02:20 AM
#373 Two property owners, Ben and Susan, who are not married, own a property together. Susan…
Real Estate Practice : Lesson 372 - 10/19/2009 02:19 AM
#372 When property is transferred from one owner to the next this process is referred to as…
Real Estate Practice : Lesson 371 - 10/19/2009 02:19 AM
#371 When we consider participation in a REIT, a real estate investment trust, it is necessary…
Real Estate Practice : Lesson 370 - 10/19/2009 02:17 AM
#370 When we talk about a title which is taken in fee simple we're talking about a title that…
Real Estate Practice : Lesson 369 - 10/19/2009 02:15 AM
#369 When one considers the four unities of possession, interest, time and title these unities…
Real Estate Practice : Lesson 368 - 10/19/2009 02:15 AM
#368 If a title is conveyed and a condition is written into the conveyance stating that no flea…
Real Estate Practice : Lesson 367 - 10/19/2009 02:13 AM
#367 When we speak of condominiums condominiums are individual housing units that have common…
Real Estate Practice : Lesson 366 - 10/19/2009 02:12 AM
#366 When we speak of a unit in a cooperative we're talking about a unit that is also owned as a…
Real Estate Practice : Lesson 365 - 10/19/2009 02:11 AM
#365 When a landowner has water flowing through his or her land the landowner's rights to that…
Real Estate Practice : Lesson 364 - 10/12/2009 12:48 AM
#364 Because drapes are so important when considering the treament of a window they are…
Real Estate Practice : Lesson 363 - 10/12/2009 12:47 AM
#363 If there's one thing that we can compare real estate to it's personal property. Is this…
Real Estate Practice : Lesson 362 - 10/12/2009 12:47 AM
#362 Articles and items that are installed by tenants on real estate for use in a business are…
Real Estate Practice : Lesson 361 - 10/12/2009 12:47 AM
#361 When real property is acquired a specific right accompanies it and this right is referred…
Real Estate Practice : Lesson 360 - 10/12/2009 12:46 AM
#360 When we consider the distance between the east and west boundary lines of any township the…
Real Estate Practice : Lesson 359 - 10/12/2009 12:45 AM
#359 When we speak of a twonship, a township contains 36 sections that are numbered 1 through 36…
Real Estate Practice : Lesson 358 - 10/12/2009 12:45 AM
#358 The most important thing one should consider when trying to determine whether or not an…
Real Estate Practice : Lesson 357 - 10/12/2009 12:44 AM
#357 Nearly every real estate brokerage has an obligation to pay for a salesperson's cell phone…
Real Estate Practice : Lesson 356 - 10/12/2009 12:44 AM
#356 When a salesperson has to pay a desk fee the desk fee is used to pay for meals and never…
Real Estate Practice : Lesson 355 - 10/12/2009 12:42 AM
#355 When a real estate agent considers himself an employee or an independent contractor the…
Real Estate Practice : Lesson 354 - 10/05/2009 12:16 AM
#354 If a salesperson works for any brokerage as an independant contactor the salesperson must…
Real Estate Practice : Lesson 353 - 10/05/2009 12:16 AM
#353 It is extremely importaqnt that all real estate agents understand the concepts of contract…
Real Estate Practice : Lesson 352 - 10/05/2009 12:15 AM
#352 What is traditionally considered to be the last step in a real estate transaction Take…
Real Estate Practice : Lesson 351 - 10/05/2009 12:15 AM
#351 When a slaeperson is acting as an employee and is not acting as an independent contractor…
Real Estate Practice : Lesson 350 - 10/05/2009 12:15 AM
#350 A broker has the right to exercise the decision to control the number of hours an…
 
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