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40 Cards in this Set
- Front
- Back
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this ad is intentionally designed to mislead the reader
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blind ad
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the law says you need this in your RE ad
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"agent"
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these are required if advertising a service
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-name of broker
-DRE lic. # |
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required if advertising a product (house)
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agent
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this is partial rembursement for a person who has been harmed by a licensee (financially)
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recovery account
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what are the recovery maximums?
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20,000 per transaction or claimant max
100,000 charged against the licensee max |
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this can never be waived in a 1-4 unit property
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Real Estate Transfer Disclosure Statement (TDS)
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does an "as is" property still need to have disclosures?
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yes
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how much time does the buyer have to respond to disclosures?
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if hand delivered: 3 days
if mailed: 5 days |
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buyers and sellers must fill out this form on transactions of homes built before 1/1/60
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Natural Hazards Disclosures Form
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buyers and sellers must fill out this form on transactions of homes that are 1/4 mile to a fault zone
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Alquist Priolo Earthquake Fault Zone Act
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a special assessment placed on property by a developer to pay for some building. Coms billed to you with the taxes
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Mello Roos
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this law refers to sex offenders
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meghans law
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are property managers required to have a RE license?
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yes
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manages +16 units in one building
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resident manager
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what is the max security deposit that can be charged on a residence?
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2x monthly rent unfurnished
3x monthly rent furnished |
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this is required upon leasing, even if not mentioned in the lease
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implied warranty of habitability
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i fthe tenant fails to keep the unit habitable, they are forced to leave. this is known as...
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constructive eviction
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buyers and sellers must fill out this form on transactions of homes that are 1/4 mile to a fault zone
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Alquist Priolo Earthquake Fault Zone Act
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who can physically remove a tenant?
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Only a sheriff after many steps have been taken. Not the landlord
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a special assessment placed on property by a developer to pay for some building. Coms billed to you with the taxes
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Mello Roos
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lawsuit to regain property (process to evict)
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unlawful detainer
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this law refers to sex offenders
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meghans law
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are property managers required to have a RE license?
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yes
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manages +16 units in one building
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resident manager
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what is the max security deposit that can be charged on a residence?
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2x monthly rent unfurnished
3x monthly rent furnished |
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this is required upon leasing, even if not mentioned in the lease
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implied warranty of habitability
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i fthe tenant fails to keep the unit habitable, they are forced to leave. this is known as...
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constructive eviction
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who can physically remove a tenant?
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Only a sheriff after many steps have been taken. Not the landlord
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lawsuit to regain property (process to evict)
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unlawful detainer
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metal on roof to prevent water
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flashing
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treatment on bottom of house to protect foundation
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mudsill
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vertical wood in frame
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studs
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parallel beams that support floor and ceiling
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joists
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heat measurement
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BTU (british thermal unit)
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energy measurement
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EER (energy effeciency rating)
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Insulation resistance measurement
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R value
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soil used to replace a foundation
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backfill
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move in ready
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turnkey project
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1 mile
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5280 feet
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