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</center><p>NEED TO KNOW Learn with flashcards, games, and more The total amount of an item that is for sale or lease, at various prices, at any given point in time. This book was designed specifically for the dedicated real estate student who wants to pass the licensing examination on the first try. Study with Quizlet and memorize flashcards containing terms like BUNDLE OF RIGHTS, REAL Closing costs are one-time administrative fees paid for finalizing the mortgage. someone who speaks for, or represents someone. A Form that states the buyer consents to purchase a property and the seller agrees to sell that property with the terms and conditions illustrated in from both parties. See more. (The replacement of a roof would be considered a capital improvement.) Capital LossA loss from the sale of an asset not in the usual course of business. Study with Quizlet and memorize flashcards containing terms like Surrender, Subordination Clause, manufactured home and more The buyer must examine the goods or property and buy at the buyer’s own risk Make studying for the real estate license exam fun and easy with these free downloadable real estate license exam flashcards. An agent of a person who is already acting as an agent for a principal. Caveat EmptorLet the buyer beware. The costs included in closing costs are all the fees required to close the loan, including the loan fees, origination fees, title fees, prepaid taxes, attorney fees, and others real estate, usually extending the useful life and value of a property. We have over two-sided flashcards to help you memorize and retain the knowledge you need to pass Questions  Possesses the property as a fee simple subject to a condition. Simply submit your information, download the cards, and print them off Squatters who live on a property for a long period of time and get property. With over real estate terms and definitions, these flashcards are a great tool to help you study for and PASS the real estate license exam. Closing costs are 2% to 5% of the home’s purchase price. You can acquire all the necessary  The Legal Principle in which a person who does not have legal rights to a property acquires legal ownership based on continuous occupation of the land without the permission of its  Free Flashcards for the Real Estate License Exam.</p></translate>
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