Term
Pier and beam aka crawlspace
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Definition
| The type of foundation that uses concrete or cedar piers either on ground or resting on concrete |
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Definition
| Better stability if piers are dug down below the - |
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Definition
| The distance between the ground and subfloor should be a minimum of - |
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Term
| Masonry or metal skirting |
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Definition
| Usually found around the exterior of the foundation convering the crawlspace from view |
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Definition
| The type of foundation that involves excavation at least eight feet deep |
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Definition
| The type of foundation that uses poured concrete |
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Definition
Continuous pour of concrete with steel rebar as support
-supposed to reman stable during shrink/swell |
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Definition
Supposed to be slightly flexible during soil shrink/swell
instead of rebar sheathed cables are tightened after the concrete cures |
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Definition
| Means soil swells with moisture and shrinks when dry |
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Definition
| Located east of 35 and is very expansive with HIGH shrink/swell potential |
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Definition
| West of 35 with LOW shrink/swell potential |
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Definition
| To prevent a buildup of water around the foundation |
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Definition
| This type of crack may be a problem |
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Term
Slab Steps-
1. Excavation |
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Definition
| Wood forms are placed around perimeter |
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Term
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Definition
| Gravel bags and compacted sand are used to "build" the slab up |
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Term
| 3. Plastic (polyethylene) sheet vapor barriers |
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Definition
| Placed on top of the fill material |
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Term
| 4. Steel rebar or tension cables |
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Definition
| Placed on top of the vapor barrier |
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Term
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Definition
| Mixture of cement, aggregate and water |
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Definition
Spruce, pine and fir (SPF)
Grow like CRAzY and less expensive
Used where apperance is LEAST important |
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Definition
Pecan, oak, ash maple elm, mesquite
Slow growing and more expensive
Apperance is most important
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Term
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Definition
Not used in framing
Most commonly used in subfloor, subroof, exterior sheathing |
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Term
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Definition
| 2 story construction is _% cheaper than 1 story |
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Term
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Definition
Veritcal lumber framing members
16" on center |
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Term
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Definition
Horizontal lumber framing members
ex floor joists in pier and beam homes or ceiling |
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Definition
| The studs that connect the bottom of a window frame to the bottom plate |
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Definition
| The bottom of a window frame |
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Definition
| The door and window top frame |
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Definition
| Walls that are crucial to the support of ceiling joists and the roof structure |
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Definition
| The horizontal framing members of the ceiling |
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Definition
| Diagonal roof framing members |
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Definition
| The top of the roof where rafters meet |
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Definition
| The exterior areas of a house from the ceiling to the ridge |
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Term
Three main types of roof framing
1. Sloped ceiling joist system |
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Definition
| A vaulted ceiling framing system with no horizontal joists |
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Term
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Definition
A conventional framing system with both horizontal and diagonal framing members
***most common |
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Term
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Definition
Triangular arrangement of roof framing typically pre-assembled and trucked to the site and lifted into place and that is more structurally sound than other roof systems
First used after WWII |
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Definition
| Trusses reduce but do not elimate the need for some |
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Definition
| A roof type with one ridge with slanted gable ends |
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Term
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Definition
| A roof type with more than one ridge with slanted gable ends |
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Definition
| A roof type with one ridge with vertical gable ends |
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Term
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Definition
| Composition shingle, farm tin, standing seam (galavalume), tile, concrete, clay |
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Definition
A type of roof material usually on flat roofs |
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Definition
| A type of roof material illegal in most cities due to fire hzard |
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Definition
| A strip of metal placed at roofing angles and joints to protect against water seepage |
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Definition
| A term that describes the entire roof overhang |
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Definition
| A 1x6 horizontal top exterior face board around the perimeter of the house |
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Definition
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Term
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Definition
| Provide attic ventilation |
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Term
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Definition
| Gable end ventilation screens |
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Term
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Definition
| Usually baked clay or PVC |
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Term
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Definition
| Gray colored 1" plastic plumbing pipe material that has been proven to leak in millions of homes nationwide |
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Term
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Definition
| Provide water in some rural areas where city water service is unavailable |
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Definition
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Term
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Definition
| Drilled in rural areas where city and community water systems are unavailable |
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Term
| Between $15-$20 per linear foot deep |
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Definition
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Term
| Conventional Ground absorption and evaporate system |
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Definition
| Two main types of septic systems |
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Term
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Definition
| Sewage flows from a home into a concrete cistern where bacteria dissolves the solids and grease into a liquid |
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Definition
| The area containing the pipes where sewage is absobed |
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Definition
| Shows how quickly the ground will absorb liquids |
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Term
| Aeration (Aerobic) system |
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Definition
| The sewage liquid is sprayed in the air and allowed to evaporate |
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Definition
| Electrical conduit is run through the framing wall studs along the ceiling |
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Definition
| A measure of the rate of electrical flow similar to water flow gallons per minute (GPM) |
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Definition
| A measure of the amount of pressure forcing the electricity through the wiring |
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Definition
| the measure of the resistance to heat flow that is labeled on all insulation |
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Term
Exterior finish
Masonry finish |
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Definition
| Stucco, brick, stone and concrete |
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Term
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Definition
Cedar (most expensive)
Louisiana pine, cypress |
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Definition
| Does not add value to the home equal to its cost |
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Term
| Hard board aka masonite siding |
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Definition
| The least expensive exterior finish |
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Term
| Hardiboard aka hardiplank aka Cement fiberboard |
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Definition
| A type of exterior finish made of cement of wood fibers mixed together and formed as siding |
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Term
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Definition
| The process of attaching the drywall panels to interior studs and taping over the cracks |
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Definition
| An expensive type of oak, mahogany, or walnut paneling often found in a home study or library |
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Term
| kitchen counters in order least to most expensive |
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Definition
Laminate
Stainless Steel
Butcher block
Ceramic tile
Granit or marble
Corian
Quartz |
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Term
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Definition
| An individual who holds a real estate license in Texas |
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Term
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Definition
| A person or legal entity licensed to act independently in conducting a real estate business |
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Term
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Definition
| An individual who is employed by or contracts with a licensed broker to conduct real estate business |
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Definition
| The broker in charge of a real estate office |
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Definition
| The action of TREC that temporarily makes a license ineffective |
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Definition
| The action to recall and make void a license |
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Term
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Definition
A term for anyone employed by or contracted with a principle broker
NOT a licensing category |
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Term
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Definition
| The primary purpose of the TRE licensing act is to |
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Term
| Examples of individuals who are exempt from licensing requirements |
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Definition
1. FSBO
2. attorney
3. on-site apt manager
4. model home salesperson
5. auctioneer
6. Public official during the course of official duties
7. cemetary lot sales |
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Term
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Definition
Has to be at least 18 and TX resident
210 classroom hours |
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Term
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Definition
At least two years as a salesperson
900 hours |
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Term
| real estate recovery fund |
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Definition
| A state administered account that pays damages to consumers who receive a judgement against a licensee |
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Term
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Definition
| A registered trademark owned by the National Association of Realtors for use by its members |
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Term
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Definition
| One who, for a fee, acts as an agent for a property owner in negotiating a contract |
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Term
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Definition
| A contract whereby a broker is employed to find a buyer or tenant is called a |
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Term
| Multiple Listing System (MLS) |
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Definition
| An organization of member brokers who agree to share information and commissions electronically |
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Term
| A listing must have all the essentials of a valid contract- |
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Definition
Owner and broker must be legally capable of contracting
Mutual assent
Must be consideration
Agreement must be for lawful purposes
Must be in writing and signed |
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Term
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Definition
| Typical full service sales commissions |
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Term
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Definition
| The listing broker typically pays 1/2 of the total commission to the |
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Term
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Definition
The type of listing whereby the listing broker is paid a commission even if the owner finds a buyer and sells the property
Most common type of listing |
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Term
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Definition
| The type of listing whereby the broker is not paid a commission in the event the owner finds a buyer |
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Term
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Definition
| The type of listing whereby two or more agencies/brokers have a listing on the same property |
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Term
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Definition
| The type of listing whereby a listing broker is paid the excess amount over an agreed price stated in the listing |
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Term
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Definition
| A relationship that exists between a principle and his/her agent |
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Definition
| A person empowered to act on behalf of the principle |
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Definition
| The mixing of a client's funds with an agent's personal funds |
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Definition
| A relationship with one agent representing two or more principles in a transaction |
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Definition
| The term for two or more people conspiring to charge a fixed fee, having an anti-competitive effect |
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Definition
A person who authorizes another to act on their behalf
Buyer, seller or potential buyer |
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Term
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Definition
| The making of statements a reasonable person would recognize as non-factual |
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| Agency aka fiduciary relationship |
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Definition
| A relationship created when an owner gives a broker a listing |
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Term
3 types of agencies-
Universial |
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Definition
When broad powers are given to an agent to bind the principle in matters of all kinds
ex guardian power of attorney |
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Definition
When power is given to an agent to bind the principle in a specific matter
ex relationship between a broker and his salesperson |
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Definition
When limited power is given to an agent to perform specific acts
no binding
ex relationship between owner and listing agent |
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Definition
| Texas law requires that a potential purchaser be given a lead paint disclosure on homes built before |
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Term
| Seller's disclosure notice |
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Definition
| Disclosure by the owner of a property of both obvious and latent defects |
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| Purpose of Seller's disclosure notice |
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Definition
Inform the buyer as to any defects
Allows the buyer to further examine the house
Allows the buyer to make an informed decision
Provides protection to the listing agent in the case of non-disclosure lawsuit |
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Definition
| Protection against certain protected classes including race, color, religion, national origin |
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Definition
| prohibits states from depriving a person of life, liberty or property without due process |
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Definition
| The illegal act of directing homebuyers to particular neighborhoods based on the indiviudals race |
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Definition
| A contract that is either written or oral |
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Definition
| A contract that is neither written nor oral but put forth by actions |
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Term
Expressed contracts can be one of two types-
Bilateral |
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Definition
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Definition
| Promise exchanged for a performance |
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Definition
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| Essentials of a valid contract |
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Definition
1. competent parties
2. mutual agreement
3. lawful objective
4. consideration |
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Term
Three options are available after an offer is made
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Definition
accept
reject
counter offer |
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Term
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Definition
| Any change in the terms of a contract |
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| Breach of contract- six alternatives |
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Definition
1. partial performance
2. unilateral rescession
3. sue for specific performance
4. sue for money damages
5. liquidated damages
6. Mutual recession |
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