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How HUD Regulates Real Estate

Details: One of most important things HUD does is enforce the 1968 Fair Housing Act and the 1988 Fair Housing Amendments Act. The Fair Housing Act of 1968 …

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The Impact of the Fair Housing Act of 1968 on Real Estate

Details: Lesson Summary. Let's review what we've learned. The Fair Housing Act of 1968 prohibits discrimination in housing based upon race, color, religion, sex or …

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Real Estate Listing Requirements in Wyoming

Details: Whenever a real estate brokerage or firm represents a property for sale or for rent on behalf of a client, the terms of that representation must be defined in a contract known as a listing agreement.

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Quiz & Worksheet

Details: If you use a real estate agent to sell your home, and the sales price you and the buyer agree on is $300,000, how much will agent fees be? $9,000 $1,800 $30,000 $18,000

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Ch. 7: Financing Housing Chapter Exam

Details: those that want to rent Question 10 10. Which of the following is suitable for those that want to purchase a home but don't want to maintain the landscaping or the roof?

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Underwriting in Real Estate: Definition & Requirements

Details: Underwriting goes a step further and requires specific documentation to prove to the lender that the borrower is a good credit risk. The underwriter is an employee of the lender and acts as a

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Tennessee Fair Housing Laws

Details: There are federal and Tennessee state laws that protect renters and property buyers from discrimination, called Fair Housing Laws. These laws ensure individuals and families have access to …

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Arizona Real Estate Commissioner: Duties & Powers

Details: Marketing homes for sale ; Managing rental properties ; Soliciting buyers and sellers ; Advertising apartments for rent ; Negotiating the sale of real estate ;

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Quiz & Worksheet

Details: Single-family homes for sale or rent by the owner, properties of four units or less occupied by the owner, communities for individuals age 55 and older …

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Fair Housing Laws in South Carolina

Details: Collectively, these laws are known as fair housing laws. They make it illegal to discriminate in the rental, sale or financing of housing based on the race, religion, color, sex, family status

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Real Estate Disclosure Requirements in Massachusetts

Details: Required Rental Brokerage Fee Disclosure. Ahmed and Charlotte first became interested in renting a home near Boston. They met up with Samuel, a real estate agent with Chance Real Estate, who made

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Real Estate vs. Real Property: Differences & Terms

Details: Real property is a concept that not only includes real estate but also a bundle of rights related to the real estate. In other words, real estate is a …

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How to Identify Comparable Real Estate Sales

Details: Comparable Sales Identification. Jane has placed an offer for a home and is waiting for Bob, the appraiser, to complete a report on the property's estimated value. If the property value is less

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Real Estate Value

Details: Question 21 21. Jack wants to sell his three bedroom Tudor house for $250,000, but all other similar homes in the area are selling for $225,000. According to …

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Real Property vs. Personal Property: Overview and Examples

Details: Estates in Real Property. The real estate portion of real property can be divided into two categories. The first category is freehold estates, which involve long-term or permanent ownership.You

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Renting vs. Buying a House: Pros, Cons & Costs Study.com

Details: He explains that right now because the cost of homes is low enough, the monthly mortgage to buy a home is actually lower than the monthly fee to …

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Property Condition Disclosures in Mississippi Study.com

Details: Jenna took Jan and Mike to see many homes for sale in the area. They found a house they thought they might like to make an offer on, and the seller provided them with a completed disclosure statement.

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Rules for Referral & Finder's Fees in Real Estate

Details: Alice works as a licensed real estate salesperson in commercial real estate, while Frank is a software engineer. Alice currently has a commercial building downtown listed for sale.

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Real Estate Technology: Importance & Benefits

Details: Lesson Transcript. Realtors at all levels use technology to gain advantages, prompting regulation of digital information by specific organizations. Explore the role of data sharing, the importance

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Real Estate Closing Documents: Overview & Description

Details: The sale of real estate is finalized when closing documents are signed. Learn about the different types of documents used to complete the sale of …

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Effects of Income & Expenses on Real Estate Valuation

Details: This brings his planned monthly capital expenses to $350. Subtracted from the $1,005 above, Tom can expect a monthly profit of $655. At a monthly profit …

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Sales Price & List Price in Real Estate: Definition & Ratio

Details: If trying to figure the ratio for a property that is sold already, divide the sales price by the listing price ($196,000 divided by $200,000 = 98%). To figure what the sales price might be when

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Kansas Real Estate Activities that Require a License

Details: Practicing real estate without a license is a misdemeanor criminal offense in the state of Kansas. The punishments are as follows: First …

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Delaware Real Estate Broker Exam: Study Guide & Practice Final …

Details: To restrict the sale of houses only to licensed real estate agents To share properties for sale and compensation information among local real estate agents Question 2 2.

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Principle of Substitution in Real Estate Study.com

Details: 2. Principle of competition - A rising demand for real estate will cause profits to rise and competition to begin. This can cause more homes to be built and more development to …

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Types of Missouri Real Estate Licenses Study.com

Details: A real estate salesperson has the ability to represent buyers and sellers in the negotiation of the purchase, sale or lease of a property. A salesperson can also consult and offer property

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Property Appraisal: Definition, Purpose & Process

Details: We also saw how an appraiser collects specific data about the property and applies local real estate industry knowledge. Factors like sale price, age of the property, or what it can rent for all

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Quiz & Worksheet

Details: Type of agent who lists homes for sale Skills Practiced Information recall - access the knowledge you have gained about an agent who manages rental properties

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Missouri Real Estate Advertising: Rules & Requirements

Details: Missouri Real Estate Advertising Requirements. It is a well known fact that the ability of any business to attract new clients rests largely …

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Leases & Property Management Chapter Exam

Details: Answers: A sale and a lease. A lease and an assumption. A lease and an assignment. A lease and a sublease. Question 5. 5. An HOA community can be a group of similar homes, condominiums, single

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Minnesota Real Estate Contracts & Disclosures

Details: Test and improve your knowledge of Minnesota Real Estate Contracts & Disclosures with fun multiple choice exams you can take online with Study.com

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Types of Real Estate Contracts in Massachusetts

Details: Purchase and Sale Agreement. A purchase and sale agreement is the contract between the buyer and seller noting the terms to purchase a property; …

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Market Data Analysis in Property Appraisal: Definition & Factors

Details: Market Analysis. Comparative Market Analysis (CMA) is a method used to help buyers, sellers, and real estate agents or brokers to fairly price a property. Simply …

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Real Estate Activities that Require a License in Arkansas

Details: As a licensee, Nancy can show property for sale, negotiate the price and terms of the purchase of a property on the buyer's behalf, and prepare real …

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New Mexico Real Estate License Violations, Investigations & Audits

Details: Audits. The real estate commission's investigative authority is not limited to investigating complaints. The license law authorizes the commission to audit the records of all New Mexico brokerage

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Redlining, Blockbusting & Steering: Definition & Differences

Details: Don is an unethical real estate flipper that has his unscrupulous eyes on acquiring some homes to flip in a certain midtown neighborhood. Of course, the key to flipping is buying cheap and selling

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General & Special Agent Types in Real Estate

Details: Types of Agents. A real estate agent is a qualified individual who specializes in real estate transactions. They essentially make markets by bringing buyers and sellers together. Being qualified

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New Hampshire Real Estate Licenses: Activities & Bonds

Details: Lesson Summary. With a real estate license in New Hampshire, there are many activities you may engage in such as representing buyers and sellers in the purchase, sale or lease of a property.

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