Real Estate Law 107

admin 2019.05.17 21:39 Views : 455

Check Your Understanding Answers

  1. Define business opportunity.

    Real Estate Law defines a business opportunity as the sale or lease of the business and goodwill of an existing business enterprise or opportunity. This also includes the business's stock, trade fixtures, and trade name, as well as a non-competition agreement and lease assignment.
     
  2. What are the essential elements of a business opportunity sale?

    A bill of sale and specific financial statements, such as a balance sheet and a profit and loss statement.
     
  3. What is real estate syndication?

    Real estate syndication combines the money of individual investors, along with the management of a sponsor, to invest in real estate and achieve a good rate of return on that investment.
     
  4. Describe the two types of Real Estate Investment Trusts (REITs).
    • An Equity Trust: A company that invests in real estate itself or in several real estate projects.
    • A Mortgage Trust: A company that invests in mortgages and other types of real estate loans/obligations.
No. Subject Author Date Views
342 void contract admin 2019.05.22 242
341 requirement be restored admin 2019.05.22 300
340 discriminate admin 2019.05.22 323
339 culmination admin 2019.05.22 294
338 Exclusive agency vs Exclusive right to sell admin 2019.05.22 479
337 ground floor handicapped accessible admin 2019.05.22 1287
336 violation of the Federal Fair Housing Act admin 2019.05.22 412
335 Valuable consideration admin 2019.05.22 357
334 quiet title admin 2019.05.22 341
333 Subrogation admin 2019.05.22 521
332 Quiz 15 admin 2019.05.17 12983
331 Chapter 15 Conclusion admin 2019.05.17 1119
» Real Estate Law 107 admin 2019.05.17 455
329 Real Estate Law 106 admin 2019.05.17 259
328 Real Estate Law 105 admin 2019.05.17 298
327 Real Estate Law 104 admin 2019.05.17 353
326 Real Estate Law 103 admin 2019.05.17 262
325 Real Estate Law 102 admin 2019.05.17 375
324 Quiz 14 admin 2019.05.16 16957
323 Chapter 14 Conclusion admin 2019.05.16 285