Industry Acronyms
Above & Beyond Realty
General Real Estate
Real Estate Math
NC REAL ESTATE RULES & PRACTICE
100
FHA
What is FEDERAL HOUSING AUTHORITY
100

2015

What year was Above & Beyond Realty founded?.

100

In North Carolina, this period allows a buyer to terminate a contract for any reason.

What is the Due Diligence period?

100
Divide the net operating income by the sale price
What is A CAP RATE?
100
WHEN A PROPERTY LIEN HOLDER AGREES TO RELEASE A LIEN ON A PROPERTY FOR LESS THAN WHAT IS OWED
What is A SHORT SALE?
200

CRM

What is Customer Relationship Management 

200

Renee Lee

Who is the owner & Broker in Charge for Above & Beyond Realty?

200

This survey issue occurs when a structure crosses a boundary line

What is encroachment?

200
PITI
What is PRINCIPAL INTEREST TAXES INSURANCE?
200

In NC, this professional typically conducts the real estate closing.

Who is the closing attorney?

300

WDI

What is Wood Destroying Insect

300

Angela Lloyd

Who was the first Agent to join Above & Beyond Realty?

300

This type of ownership includes right of survivorship between spouses in NC.

What is tenancy by the entirety?

300

A home sells for $300,000 with a 3% commission.
What is the total commission?

What is $9,000?

300

This NC property disclosure form addresses material facts about a residential property.

What is the Residential Property and Owners’ Association Disclosure Statement?

400

CDOM

What is Cumulative Days on Market 

400

Hillsborough

What is the home town the firm was founded in?

400

DAILY DOUBLE!!!!!!! This NC disclosure explains brokerage relationships and must be given at first substantial contact. 

DAILY DOUBLE!!!! What is Working With Real Estate Agents? 

400
43560 SQ. FT.
What is THE AREA OF AN ACRE?
400

This event occurs when all parties sign the contract.

What is Effective Date?

500

LTV

What is Loan to Value

500

Above & Beyond Realty was launched after leaving this national real estate franchise

What is RE/MAX?

500
Loyalty,Obedience,Disclosure,Confidentiality,Reasonable Care and Diligence and Accounting
Wat are Fiduciary Duties Of A Real Estate Agent?
500

$2 per $1,000 of the sales price

What is North Carolina revenue stamps? 

500

This agency type represents both buyer and seller.

What is Dual Agency?

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