A latin phrase meaning according to value; is usually used in connection with real estate taxation. Ajustable Rate Mortgage A mortgage note that allows a lender to adjust the interest rate at periodic intervals. The rate change is most commonly limited to the movement of a published interest rat...
Gives the agent the authority to represent his client in all matters, both business and personal. It is the equivalent of having unlimited power of attorney and is very rare in real estate. General Agency Gives the agent the power to bind his principal in a particular trade or business. Pow...
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用Quizlet學習並牢記包含*Law of Contracts* 1. Which of the following practices could be considered practicing law by a real estate broker for the sale or lease of real property? A. Use of a form prepared by the broker's company B. Use of a form prepared b
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Real estate licensees should know that pest control operators are required by law to: A: Make all needed corrections before the close of escrow B: Charge no more than the maximum set by law for an inspection C: Furnish a copy of any inspection report to the owner of the property * ...
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