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Under an EXCLUSIVE AGENCY listing agreement, does the real e…

Under an EXCLUSIVE AGENCY listing agreement, does the real estate broker get paid if any person EXCEPT THE OWNER sells the property?

Published March 24, 2021
Categorized as Uncategorized

Which party to a real estate contract typically PAYS the rea…

Which party to a real estate contract typically PAYS the real estate brokerage commission? 

Published March 24, 2021
Categorized as Uncategorized

What term refers to a buyer’s “homework” that needs to be do…

What term refers to a buyer’s “homework” that needs to be done before they purchase a piece of property? Ie. appraisal, survey, inspection. 

Published March 24, 2021
Categorized as Uncategorized

What is the term for a real estate broker/salesperson’s SUBJ…

What is the term for a real estate broker/salesperson’s SUBJECTIVE statements about a property that are made by the broker/salesperson in its attempt to convince a person to buy the property? ie. “this home has the most beautiful view I have ever seen!”

Published March 24, 2021
Categorized as Uncategorized

What is the term for a clause in a commercial “percentage” l…

What is the term for a clause in a commercial “percentage” lease where the tenant agrees not to lease space in a nearby location to open another store?

Published March 24, 2021
Categorized as Uncategorized

What is the term for depreciation in the value of property r…

What is the term for depreciation in the value of property resulting from poor design and/or outdated equipment?

Published March 24, 2021
Categorized as Uncategorized

What is a person who can act independently to conduct real e…

What is a person who can act independently to conduct real estate business? 

Published March 24, 2021
Categorized as Uncategorized

What are forces outside of the property itself that may have…

What are forces outside of the property itself that may have an impact on the value of that property?

Published March 24, 2021
Categorized as Uncategorized

What type of relationship is created when one person gives a…

What type of relationship is created when one person gives another person the right to act on his or her behalf?

Published March 24, 2021
Categorized as Uncategorized

What is the term for a landlord’s obligation to maintain the…

What is the term for a landlord’s obligation to maintain the leased premises in condition that is safe and livable?

Published March 24, 2021
Categorized as Uncategorized

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