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PA REAL ESTATE VOCABULARY 101-200 EXAM LATEST 2024 WITH ACTUAL QUESTIONS AND CORRECT ANSWERS/ALREADY GRADED A+ 100% GUARANTEED TO PASS CONCEPTS (ALL WHAT YOU NEED) LATEST EDITION 2024$24.89
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PA REAL ESTATE VOCABULARY 101-200 EXAM LATEST 2024 WITH ACTUAL QUESTIONS AND CORRECT ANSWERS/ALREADY GRADED A+ 100% GUARANTEED TO PASS CONCEPTS (ALL WHAT YOU NEED) LATEST EDITION 2024
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Course
PA REAL ESTATE VOCABULARY 101-200
Institution
PA REAL ESTATE VOCABULARY 101-200
PA REAL ESTATE VOCABULARY 101-200 EXAM LATEST
2024 WITH ACTUAL QUESTIONS AND CORRECT
ANSWERS/ALREADY GRADED A+ 100% GUARANTEED TO
PASS CONCEPTS (ALL WHAT YOU NEED) LATEST EDITION
2024
PA REAL ESTATE VOCABULARY 101-200 EXAM LATEST
2024 WITH ACTUAL QUESTIONS AND CORRECT
ANSWERS/ALREADY GRADED A+ 100% GUARANTEED TO
PASS CONCEPTS (ALL WHAT YOU NEED) LATEST EDITION
2024
construction loan - ✔✔ANSWER✔✔->>>>>>>>>>>>>>A short-term loan
usually made during the construction phase of a building project.
constructive eviction - ✔✔ANSWER✔✔->>>>>>>>>>>>>>Actions of a
landlord that so materially disturb or impair a tenant's enjoyment of the
leased premises that the tenant is effectively forced to move out and
terminate the lease without liability for any further rent.
, consumer - ✔✔ANSWER✔✔->>>>>>>>>>>>>>a person who is the
recipient of any real estate transaction
consumer notice - ✔✔ANSWER✔✔->>>>>>>>>>>>>>A specific form
adopted by the State Real Estate Commission in Pennsylvania to
disclose information about permitted business relationships and specific
agency procedures in real estate transactions. This notice must be
presented at an initial interview to any consumer of real estate services.
contingency - ✔✔ANSWER✔✔->>>>>>>>>>>>>>Provisions in a
contract that require a certain act to be done or a certain event to occur
before the contract becomes binding.
contract - ✔✔ANSWER✔✔->>>>>>>>>>>>>>a legally enforceable
promise or set of promises that must be performed and for which, if a
breach of the promise occurs, the law provides a remedy.
contribution - ✔✔ANSWER✔✔->>>>>>>>>>>>>>The appraisal
principle that states that the value of any component of a property is
what it gives to the value of the whole or what its absence detracts
from that value.
conventional loan - ✔✔ANSWER✔✔->>>>>>>>>>>>>>A loan that is
not insured or guaranteed by a government agency or private source
, cooperative - ✔✔ANSWER✔✔->>>>>>>>>>>>>>A residential
multiunit building whose title is held by a trust or corporation that is
owned by and operated for the benefit of people living within the
building who are the beneficial owners of the trust or shareholders of
the corporation, each possessing a proprietary lease to a property unit.
co-ownership - ✔✔ANSWER✔✔->>>>>>>>>>>>>>Title ownership
held by two or more persons.
corporation - ✔✔ANSWER✔✔->>>>>>>>>>>>>>An entity or
organization, created by operation of law, whose rights of doing
business are essentially the same as those of an individual. The entity
has continuous existence until it is dissolved according to legal
procedures.
corrective maintenance - ✔✔ANSWER✔✔-
>>>>>>>>>>>>>>Correction of problems after they have occurred.
cost approach - ✔✔ANSWER✔✔->>>>>>>>>>>>>>The process of
estimating the value of a property by adding to the estimated land
value the appraiser's estimate of the reproduction or replacement cost
of the building, less depreciation.
counteroffer - ✔✔ANSWER✔✔->>>>>>>>>>>>>>A new offer made as
a reply to an offer received, having the effect of rejecting the original
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