condo and others
Building stuff
Agents
Sales info
Contracts etc
100

This type of ownership has a deed and fractional ownership.

What is a timeshare?

100

A roof that is susceptible to water, or has Henry would say...is bad

What is a flat roof?

100

This term specializes in one geographical neighborhood.

What is farming

100

What is when you get to skip payments because the lender approves.

What is forbearance?

100

This unilateral contract allows a buyer the right to purchase a property at a specific price for a specific time.

What is an optional contract?

200

They are responsible for governing a condominium.

What are the Board of Directors?

200

This is why a door from the garage to the house needs to be solid.

For fire protection

200

When you brighten a room by cleaning the windows and turning on the lights.

What is home staging  to make a home more appealing?

200

To qualify for a short sale this is not required.

What is filed for bankruptcy?

200

This gives you the best protection for your commission when representing a BUYER.

What is an exclusive buyer brokerage agreement?

300

In this, the property owner owns a percentage of the common area as well as their individual unit.

What is a condominium?

300

This is the ability of an insulating material to resist heat flow.

What is R-Value Measurement?

300

To qualify the seller this should never be asked.

What type of buyer are you looking for?

300

This is what happens when a lis pendens is filed. 

What is the start of foreclosure?

300

With this agreement, you can list your property with more than one broker.

What is an Open Listing?

400

This is very important for a co-op owner to review the annual financial statements.

What is because they own shares of stock

400

This is the substructure that supports the building's weight.

What is the foundation?

400

Because you need to qualify a buyer.

What is to not waste your time?

400

Prospecting should not just include.

What is only focusing on new people?

400

This is used to show any material defects.

What is a seller's disclosure?

500

This document describes the basic rules for which a condo operates.

What is a letter of intent?

500

This is created to protect the public health and safety regarding the construction of buildings.

What is the purpose of building codes?

500

When you are representing someone and have a fiduciary duty. 

What is a single agent?

500

This is the largest real estate organization in the US

WHAT IS NAR

500

This must be present in a contract also know as meeting of the minds.

What is offer and acceptance?

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