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Chapter 5 - Principles I

Pioneer School of Real Estate
Horizontales
Retail strip centers are more likely to be found in __ areas.
__-family homes are fairly easy to analyze in determining a return on investment.
The term __ in real estate refers to the increase in value obtained when assembling several smaller parcels of land into one larger one.
The tenancy in __, is the most common form of co-ownership when the owners are not married.
A(n) __ living trust allows the grantor to maintain control of the assets during their lifetime and provides flexibility in making changes to the trust.
The terms of a/an __ trust typically cannot be altered or revoked without the consent of the beneficiaries.
The majority of mortgage __ profits are paid to investors as dividends.
Fannie Mae, Freddie Mac, and __ Mae all offer REMIC mortgage-backed securities.
Tenants in common do not have the right of __, so their interests are passed on to their heirs through probate.
One of the advantages to investing in a/an __ unit for the purpose of leasing to a tenant is that the amenities are managed by the community.
__ tenants own equal shares in the property, without exception.
__ occurs when an owner combines two adjacent properties to form one single unit.
As you make regular mortgage payments, a portion of each payment goes towards reducing the principal balance, which directly increases your __.
A form of ownership available only to spouses, that is not available in Texas, is __ by the Entirety.
Verticales
A real estate __ is comprised of several investors who pool their money together to invest in a real estate product.
Ownership in __ occurs when property is owned by one individual or corporation.
__ property belongs to only one spouse.
Investors who want to get in and get out are short-term investors and will likely be more suited to __ properties.
A/An __ is a legal entity owned by stockholders.
__ property is a form of ownership in Texas that is available only to spouses.
__ condominiums are generally smaller, share common space, and offers ownership of the space.
Investing in __ land can be risky.
A/An __ trust is established through a will and comes into effect after the death of the grantor.
When a business is owned by one person, and not formed legally as a corporation or partnership, it is called a/an __ proprietorship.
A/An __ is a house which has been divided into two separate units for two different families or groups of people.
All the __ partners in a limited partnership bear full liability for debts and obligations.
Real estate flipping was made popular due to the popularity of __.