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| Personal Property changed to real property by permanent attachment |
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| A broker directs certain minority groups away from his listing |
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| When a court determines validity of a will |
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| Rights of navigable waterways |
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| Person who receives a property by will |
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| Expressed promise made by one party to act or perform in a specified manner |
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| An agreement kept open to buy or lease the owners property at a fixed price within a stated period |
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| Ratio of mortgage principal to the property appraised value (abbreviation) |
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| Arrangement in which money and or documents are transferred by escrow agent according to contract |
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| Areas where water supply is limited (abbreviation) |
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| The transfer of real property by will |
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| Life estate that a wife has in the real estate of her deceased husband |
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| A claim against a property owner as security for a debt |
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| Contract that transfers use of property for a specific time in exchange for rent |
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| A lender charges an interest rate above that allowed by law |
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| Life estate that a husband has in the real estate of his deceased wife |
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| Substituting a new obligation for an old one |
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| The one receiving property/buyer |
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| Right of government to make private property pay for costs of area improvements |
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| An equitable doctrine to bar legal claim due to delay or failure to assert the claim or right |
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| Site that focuses on cleaning up waste and hazardous material |
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| One giving up possession/seller |
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| The buyer in an option agreement |
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| Charge for using another persons money |
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| The seller in an option agreement |
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| Broker or salesperson/person representing |
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| Rights of non-navigable waterways |
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| Permission to use land for limited purpose |
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| Impartial 3rd party in a trust deed |
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| Written instrument transferring ownership of real property |
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| Exaggereated comment or opinion |
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| Intensional false statement that party relies on |
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| Person who has had authority delegated to him |
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| A written instrument used as security for a home |
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| When the seller delivers title to the buyer in exchange for the purchase price |
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| Property with same purpose or function as subject property |
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| Any claim, lien, charge or liability attached to real property that may lessen its value |
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| A buyer assumes a current loan from another borrower |
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| The person represented in a real estate transaction |
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| Person dies without a will |
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| Life estate in a real estate occupied as the family home |
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| Estate with a fixed period of time |
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| Act of conveying ownership |
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| Acquiring real estate by inheritance when someone dies intestate |
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| Property that is pledged as security |
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| Extent of interest a person has in a real estate |
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| Butting against each other |
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| Reversion of property to state |
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| Statement made by seller about the subject property's condition |
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| Legally enforceable agreement for consideration |
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| Act requirign disclosure of all closing and financing costs |
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| When a broker spends trust money |
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| Transferring right and intrest to another |
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| Estate that could last an indefinite duration |
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| To pledge property as security for an obligation to a loan without giving up possession |
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| A buyer or borrower in a mortgage |
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| Right of landlord to seize tenants belongings for damage or rent arrears |
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| Goverment's process of taking proerty |
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| Broker who deals with referrals |
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| Four correctional lines that intersect to form a square |
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| A map that onely shows lot location and size |
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| Ads that do not include the name of the licensed real estate broker |
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| Unconditional promise made in writing to repay debt |
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| Legal document in which the title to the property is transferred to a third party as security |
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| Permits the borrower to sell the property if the borrower defaults, without a court of law |
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| The governments right to enact legislation for the health, safety and general welfare of the public |
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| when an owner requests that his property be condemned because of the damages caused by government actions |
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| The partial taking of a property through eminent domain |
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| A specific levy for a public area improvment |
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| First in time, first in line |
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| Area of two or more platted subdivisions with the same CC&Rs |
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| Legal instrument verifying the exact loan amount, the current rate of interest and the date to which interest is paid. |
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| Buyer must be shown the appraisal, if not, may withdraw from sale penalty free. |
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| A false statement that the broker should have known about a fact. |
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| Negligent misrepresentation |
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| Written agreement is the final expression of the agreement prevailing over all oral negotiations. |
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| Laws that regulate investment securities |
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| A legal action to compel a party to carry out the terms of a contract |
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| Life estate measured by the life of another |
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| When a court devides a property due to a dispute regarding the use of the property |
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| A formal declaration made before a notary public by the signer of the document |
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| Lender in a Deed of Trust |
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| Attached to the land and passes with it. |
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| Unauthorized, physical intrusion of real property reducing the value |
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| On a land sales contract, who is the Vendee? |
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| The one negotiating the terms |
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| In a contract for land, who holds title? |
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| What does the superfund focus on? |
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Definition
| Liability and who is the responsible parties |
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| Uniform settlements act must be what? |
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| Puffing is legal or illegal? |
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Definition
| legal, but looked down on |
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| What happens to an easement after a sale? |
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| What happends if no one buys the house at a tax sale? |
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Definition
-Goes to next years sale
-Anyone can buy now
-redemption period is 3 years |
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| Who does the Governor appoint? |
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| Superfunds are also called what? |
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