Real Estate Exam Vocabulary included topics:various types of listings such as exclusive agency listing, where the seller can bypass the broker's commission if they sell the property themselves,
- Home
- |
- Category: Vocabulary Review
Real Estate Exam Vocabulary included topics:various types of listings such as exclusive agency listing, where the seller can bypass the broker's commission if they sell the property themselves,
Key Topics Covered: EstoppelFiduciary DutyBilateral vs. Unilateral Contracts ConsiderationLiquidated DamagesAssignment of ContractsStatute of Frauds
Key Topics Covered: Antitrust Laws:Price fixing: An illegal practice where competitors agree on prices.Group boycotting: Coordinated effort to exclude a party from business.Tie-in arrangements: Forcing customers to buy another
If you've been attending real estate classes, you know that there are many vocabulary terms and understanding each term and concept is essential for the real estate exam.
What are Liens? A lien is a legal claim on a property that gives the holder the right to seize the property if the owner fails to pay
Studying for the real estate exam involves tackling tricky real estate exam vocabulary. For most of us, it's like learning a foreign language. Our reading materials contain words