America's Real Estate Academy, Inc.

This is often used to finance large commercial or industrial properties. Arrangements would set up the original owner as a tenant to operate their business with preferable rates and freeing up capital.

A person who, for a compensation or valuable consideration, is employed either directly or indirectly by a licensed real estate broker to perform certain acts: to sell, offer to sell, buy, offer to buy

refers to property excluded from community property ownership interests if it was acquired in the following manner:

• Individual property owned at the time of marriage and capital gains thereon (income received from individual property will likely be considered community property)
• Individual property inherited or received by gift during the marriage
• Individual amounts received for personal injury (except recovery for lost income)

cash accounting by the person designated to process the sale. This shows all the cash received, all charges and credits made and all cash paid. Also called the closing statement or adjustment sheet.

Antitrust legislation is designed to prohibit monopolies and encourage competition. The Sherman Antitrust Act prohibits price-fixing, group boycotting, allocation of customers or markets, and tie-in-agreements.

the business limits representations to buyers and tenants; or to sellers and landlords.

A business where one person owns the entire business and reports all profits and losses on his or her personal income tax return.

• Control - complete control of the business
• Liability - owner is personally responsible for the debts and liabilities of the business
• Taxes - all income and expenses of operation will be reported using supplemental forms on the owners tax return.
• Administrative obligations - three categories: support income and expenses show on tax return, ensure business is running efficiently, and establish that the business follows licensing rules.

is an agent who is authorized to represent the principal in one specific act or business transaction only and under very detailed instructions.

An example would be a broker hired by a seller to list their property. The broker is a special agent of the property owner for the purpose of finding a ready, willing, and able buyer for that particular property.

requires certain agreements to be in writing and signed to be enforceable by court action.

For example: deeds, real estate sales contracts, and certain leases.

the practice of directing buyers towards or away from certain neighborhoods based on their race or certain properties based on their status as a protected class. This involved two broad classes of conduct:

• directing or encouraging people to select properties and locations based on the person's protected class (most commonly "racial" sterring); and/or
• failing, on the basis of the person's protected class, to show, or to inform buyers of houses that meet their specifications. 

Loans that are interest only and have to be paid back in three to five years. The short payback period meant that borrowers had to either pay the loan back in full or refinance the loan at the end of the three or five year term.

This focuses on the cleanup of releases or hazardous substances on property. This also creates legal exposure based on liability for owners, landlords, and, sometimes, lenders.

cover a business for losses as a result of criminal activity of its employees when conducting tasks for the business.

parts of a contract that survive past the transaction

Examples:

1. When one section of a contract is invalid, the rest of the contract "survives" and is still valid
2. If you were to buy someone's house today and the property taxes have not been paid yet, the owner would hand you 300 dollars for the future payment. When time comes for the payment, it is really 400 that the owner owes you, they still have to pay this 400; that part of the contract "survives"