Real Estate In The Movies
In The Wizard of Oz, Dorothy said, "There is no place like home!"... Her home was in this tornado prone state.
What is Kansas?
This certification is required on all sales prior to closing.
What is a smoke cert?
Object permanently attached to a property by way of bolts, screws, nails, glue, cement or other means.
What is a fixture?
43,560
What is an area of an Acre
A legal document that outlines the terms of a rental agreement.
What is a lease?
The Flintstones lived in this town.
What is Bedrock?
This disclosure must be produced by the Lender on the Buyers behalf 3 days prior to closing.
What is a CD?
This form is the first thing signed by the Buyer or Seller
What is the Mandatory Agency Disclosure
Latin for "Suit Pending"
Lis Pendens
What is a deed restriction?
This Real estate board game became the best-selling game in America just one year after it was created.
What is Monopoly
This agreement is prepared at closing to protect the Buyers residence from certain debts/creditors.
Daily Double
What is a homestead?
Homes built before 1978 require this form for the Buyers knowledge.
What is the Lead Paint Disclosure
A person dies with no legal heirs and has left no valid will, the state will take this person's property through this process...
Process of escheat
What is the clause in a mortgage that can be enforced to call the mortgage due?
Elvis Presley's home is named this.
GRACELAND
This is filed against a property for work that has been completed but not paid for
What is a mechanics lien?
This financial document shows your income and expenses over a period of time and helps you understand if your business is profitable.
What is a profit and loss statement?
A Developer can use this to control the types of homes that can be built in a subdivision...
Daily Double
Deed Restriction
This is an illegal practice of inducing an owner to sell based on the fear of the entry of a particular race/origin into the neighborhood.
What is Block Busting?
Movie starring Christian Bale about taking advantage of the economic and housing market collapse
What is The Big Short
This type of ownership is used by most married couples
What is Tenants in the Entirety?
This addendum or rider to a residential real estate purchase agreement that makes the purchase contingent upon the Buyer selling their own home first
What is a Hubbard Agreement.
A court proceeding to validate and distribute a dependent's estate to creditors, tax authorities, and heirs...
The probate process
A signed statement by a party (such as a tenant or mortgagee) certifying for anoth- er's benefit that certain facts are correct, as that a lease exists, that there are no defaults, and that rent is paid to a certain date.
What is an Estoppel Certificate?