RE-121 Chapter Seven Crossword Puzzle: Types of Real Estate Contracts

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A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

land contract

To create an entitlement to a privilege or a right (verb.)

vest

______ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

safety

Expel (someone) from a property, especially with the support of the law.

evict Signup and view all the answers

A ___________ clause defines a condition or action that must be met for a real estate contract to become binding.

contingency Signup and view all the answers

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale.

exclusive agency Signup and view all the answers

A conveyance of an interest in real property through the terms of a lease.

sublease Signup and view all the answers

This occurs when a new contract is created and an old contract is extinguished.

novation Signup and view all the answers

Abbreviation for Multiple Listing Service. (___)

MLS Signup and view all the answers

A piece of paper that entitles the holder to a discount (i.e. ___)

coupon Signup and view all the answers

A type of listing in which the commission is any amount received from the sale over and above the 'net' required by the seller. (___)

open Signup and view all the answers

To create an entitlement to a privilege or a right (verb.). (___)

vest Signup and view all the answers

____ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period. (_)

carryover Signup and view all the answers

Expel (someone) from a property, especially with the support of the law. (___)

evict Signup and view all the answers

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale. (___)

exclusive agency Signup and view all the answers

A conveyance of an interest in real property through the terms of a lease. (___)

sublease Signup and view all the answers

A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

Land Contract Signup and view all the answers

To ______ an entitlement to a privilege or a right (verb.)

Grant Signup and view all the answers

______ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

Protection Signup and view all the answers

Expel (someone) from a property, especially with the support of the law.

Eject Signup and view all the answers

A ______ clause defines a condition or action that must be met for a real estate contract to become binding.

Contingency Signup and view all the answers

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale.

Exclusive Agency Listing Signup and view all the answers

A conveyance of an interest in real property through the terms of a lease.

Leasehold Signup and view all the answers

This occurs when a new contract is created and an old contract is extinguished.

Novation Signup and view all the answers

A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

land Signup and view all the answers

To ______ an entitlement to a privilege or a right (verb.)

grant Signup and view all the answers

______ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

escalation Signup and view all the answers

Expel (someone) from a property, especially with the support of the law.

evict Signup and view all the answers

A ___________ clause defines a condition or action that must be met for a real estate contract to become binding.

contingency Signup and view all the answers

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale.

exclusive Signup and view all the answers

A conveyance of an interest in real property through the terms of a lease.

assignment Signup and view all the answers

This occurs when a new contract is created and an old contract is extinguished.

novation Signup and view all the answers

A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

land Signup and view all the answers

To create an entitlement to a privilege or a right (verb.).

grant Signup and view all the answers

______ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

kickout Signup and view all the answers

Expel (someone) from a property, especially with the support of the law.

evict Signup and view all the answers

A ___________ clause defines a condition or action that must be met for a real estate contract to become binding.

condition precedent Signup and view all the answers

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale.

exclusive agency Signup and view all the answers

A conveyance of an interest in real property through the terms of a lease.

assignment Signup and view all the answers

Abbreviation for Multiple Listing Service.

MLS Signup and view all the answers

A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

land Signup and view all the answers

To create an entitlement to a privilege or a right (verb.).

grant Signup and view all the answers

_________ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

escalation Signup and view all the answers

Expel (someone) from a property, especially with the support of the law.

evict Signup and view all the answers

A _______ clause defines a condition or action that must be met for a real estate contract to become binding.

contingency Signup and view all the answers

A piece of paper that entitles the holder to a discount (i.e. ______)

coupon Signup and view all the answers

To create an entitlement to a privilege or a right (verb.)

grant Signup and view all the answers

A _______ clause defines a condition or action that must be met for a real estate contract to become binding.

contingency Signup and view all the answers

A type of listing in which the commission is any amount received from the sale over and above the 'net' required by the seller. (___)

open Signup and view all the answers

RE-121 Chapter Seven Crossword Puzzle: Types of Real Estate Contracts

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Questions and Answers

A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

To create an entitlement to a privilege or a right (verb.)

______ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

Expel (someone) from a property, especially with the support of the law.

A ___________ clause defines a condition or action that must be met for a real estate contract to become binding.

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale.

A conveyance of an interest in real property through the terms of a lease.

This occurs when a new contract is created and an old contract is extinguished.

Abbreviation for Multiple Listing Service. (___)

A piece of paper that entitles the holder to a discount (i.e. ___)

A type of listing in which the commission is any amount received from the sale over and above the 'net' required by the seller. (___)

To create an entitlement to a privilege or a right (verb.). (___)

______ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period. (___)

Expel (someone) from a property, especially with the support of the law. (___)

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale. (___)

A conveyance of an interest in real property through the terms of a lease. (___)

A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

To ______ an entitlement to a privilege or a right (verb.)

______ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

Expel (someone) from a property, especially with the support of the law.

A ______ clause defines a condition or action that must be met for a real estate contract to become binding.

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale.

A conveyance of an interest in real property through the terms of a lease.

This occurs when a new contract is created and an old contract is extinguished.

A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

To ______ an entitlement to a privilege or a right (verb.)

______ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

Expel (someone) from a property, especially with the support of the law.

A ___________ clause defines a condition or action that must be met for a real estate contract to become binding.

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale.

A conveyance of an interest in real property through the terms of a lease.

This occurs when a new contract is created and an old contract is extinguished.

A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

To create an entitlement to a privilege or a right (verb.).

______ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

Expel (someone) from a property, especially with the support of the law.

A ___________ clause defines a condition or action that must be met for a real estate contract to become binding.

A type of listing that requires the property owner to pay a broker's commission only if the broker is the procuring cause of the sale.

A conveyance of an interest in real property through the terms of a lease.

Abbreviation for Multiple Listing Service.

A contract for the sale of real property in which the vendee pays the purchase price in installments. The vendee takes possession of the property, but the vendor retains legal title until the full price has been paid.

To create an entitlement to a privilege or a right (verb.).

_________ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period.

Expel (someone) from a property, especially with the support of the law.

A _______ clause defines a condition or action that must be met for a real estate contract to become binding.

A piece of paper that entitles the holder to a discount (i.e. ______)

To create an entitlement to a privilege or a right (verb.)

A _______ clause defines a condition or action that must be met for a real estate contract to become binding.

A type of listing in which the commission is any amount received from the sale over and above the 'net' required by the seller. (___)

A conveyance of an interest in real property through the terms of a lease. (___)

This occurs when a new contract is created and an old contract is extinguished.

Expel (someone) from a property, especially with the support of the law. (___)

Abbreviation for Multiple Listing Service. (___)

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____ clause. A provision in a listing agreement that obligates the seller to pay a commission if the property is sold within a certain period after the listing expires to someone the broker negotiated with during the listing period. (_)