Gold Coast final exam
Accretion - ANS-an increase in land area as moving water deposits soil
\actual notice - ANS-own it
\all real estate brokerage partnerships ... - ANS-must be registered with the DBPR
\an option is a unilateral contract that is binding to which party ? - ANS-optionor
\Assessor's Parcel Number - ANS-Court property appraisal office (ID# of parcel of land)
\assignment - ANS-the sale, transfer, or subrogation of rights in a contract
\Bill of Interpleader - ANS-broker doesn't claim any rights to the deposit under dispute
\blockbusting - ANS-Inducing owners to sell because of entry of minorities into
neighborhoods
\certificate of eligibility - ANS-Evidence of VA approval of a qualified veteran for a VA loan
\Constructive notice - ANS-record something in public records
\contract for deed define - ANS-aka an agreement between a property owner & potential
buyer in which the owner agrees to deliver a deed to the purchaser after certain conditions
been met
\credit = get check
debit = write check - ANS-
\Debit Seller/Credit Buyer - ANS-
\declaratory decree - ANS-A broker who feels he or she is entitled to some or all of earnest
money deposit that is in dispute. The deposit would be turned over to the registry of the court
pending a settlement.
\define gross lease - ANS-a lease in which the tenant agrees to pay a fixed rents amount
and landlord pays all other expenses related to rent (residential)
\Define implied contract - ANS-exists when some or all of the terms and conditions can be
assumed by the nature of the government
\define net lease - ANS-a lease in which the tenant pays a fixed rent plus all or a portion of
the operating costs
\Define promissory note - ANS-evidences the debt, and states the interest rate, term,
payment requirement, & other information related to that loan
\define real estate property taxes - ANS-property taxes
\define special assessment lien - ANS-for improvements; such as sidewalks, road paving,
etc.
\Each township contains ____ acres - ANS-640 acres
\Elective Share - ANS-Provision that gives a surviving spouse a share of most of the wealth
of the decedent.
\Eminent Domain - ANS-government has right to take away public use citizens can't refuse
to sell)
\equity of redemption - ANS-right of a borrower to cure the default before foreclosure rather
than lose the property.
\Estate in severalty - ANS-owned by one person; sole ownership
\exclusive listing - ANS-right to sell no guaranteed payment
\exclusive right - ANS-right to get paid
\exclusive right of sale listing - ANS-A bilateral contract in which the property owner
promises to pay a commission regardless of who sells the listed property.
Accretion - ANS-an increase in land area as moving water deposits soil
\actual notice - ANS-own it
\all real estate brokerage partnerships ... - ANS-must be registered with the DBPR
\an option is a unilateral contract that is binding to which party ? - ANS-optionor
\Assessor's Parcel Number - ANS-Court property appraisal office (ID# of parcel of land)
\assignment - ANS-the sale, transfer, or subrogation of rights in a contract
\Bill of Interpleader - ANS-broker doesn't claim any rights to the deposit under dispute
\blockbusting - ANS-Inducing owners to sell because of entry of minorities into
neighborhoods
\certificate of eligibility - ANS-Evidence of VA approval of a qualified veteran for a VA loan
\Constructive notice - ANS-record something in public records
\contract for deed define - ANS-aka an agreement between a property owner & potential
buyer in which the owner agrees to deliver a deed to the purchaser after certain conditions
been met
\credit = get check
debit = write check - ANS-
\Debit Seller/Credit Buyer - ANS-
\declaratory decree - ANS-A broker who feels he or she is entitled to some or all of earnest
money deposit that is in dispute. The deposit would be turned over to the registry of the court
pending a settlement.
\define gross lease - ANS-a lease in which the tenant agrees to pay a fixed rents amount
and landlord pays all other expenses related to rent (residential)
\Define implied contract - ANS-exists when some or all of the terms and conditions can be
assumed by the nature of the government
\define net lease - ANS-a lease in which the tenant pays a fixed rent plus all or a portion of
the operating costs
\Define promissory note - ANS-evidences the debt, and states the interest rate, term,
payment requirement, & other information related to that loan
\define real estate property taxes - ANS-property taxes
\define special assessment lien - ANS-for improvements; such as sidewalks, road paving,
etc.
\Each township contains ____ acres - ANS-640 acres
\Elective Share - ANS-Provision that gives a surviving spouse a share of most of the wealth
of the decedent.
\Eminent Domain - ANS-government has right to take away public use citizens can't refuse
to sell)
\equity of redemption - ANS-right of a borrower to cure the default before foreclosure rather
than lose the property.
\Estate in severalty - ANS-owned by one person; sole ownership
\exclusive listing - ANS-right to sell no guaranteed payment
\exclusive right - ANS-right to get paid
\exclusive right of sale listing - ANS-A bilateral contract in which the property owner
promises to pay a commission regardless of who sells the listed property.
