CTE Resource Center - Verso - Business Law Task 1988004034
Describe the legal aspects of a real estate transaction.
Description should include elements such as
- real estate broker agreements/contracts
- listing agreements
- federal Fair Housing Act
- written-offer agreement
- earnest-money deposit
- appraisal of property
- title search
- title insurance
- recording of deed
- transfer of ownership
Other Related Standards
FBLA Competitive Events and Activities Areas
NBEA Achievement Standards for Business Law
Compare the four kinds of deeds in common use and point out when each would be used.
Determine methods of transferring real property other than by sale.
Explain the legal rules that apply to personal property, real property, and intellectual property.