Category: Real Estate

Choose four terms or concepts that might be used during a Real Estate closing. These terms must be connected in some way to the closing. Write a four to six page academic, APA-formatted research paper 
Explaining the meaning of each term, 
Why it is important, 
List any important issues and concerns or advantages and disadvantages that might occur.
Discuss who these terms affect and who is responsible; e.g., buyer, seller, agent, lender, closing agent, etc.
The Real Estate terms used should illustrate the current terminology used in closings.
Some examples of such terms include Closing Disclosure, escrow closing, deed, note, mortgage, marketable title, title search, binder, deed of trust, warranty and other types of deeds, closing costs and seller contributions, prorated/prepaid expenses, transfer tax, or any other terms directly related to a closing.
A minimum of three references are required. Two must be from the APUS Library.
Style Guidelines for the paper
Prepare a paper thoroughly discussing the topic. The paper must include your research, your thoughts and analysis, and a critical-thinking evaluation of the research. It must be in proper APA format. 
Before submitting, use the following checklist to be sure you’ve included all parts of the paper. 
Double-space everything in all assignments.
The paper must contain
A title page, using APA 7th Edition Student formatting as outlined at the APUS Library or Purdue OWL. (Note: Student papers use page numbers in the upper-right corner, NOT Running Headers)
An Executive Summary- (On a separate page, placed between the title page and the main paper). Businesses do not use Abstracts. 
An Executive Summary is a summary of the most important content in your report. They are written for upper management, so the manager can review your ideas and plan. 
The way I write an Executive Summary is to go to each paragraph, make a note of the most important point, and then take those notes and write my summary from them. You are summarizing your analysis for the manager. Do not just write a list of sentences that you have taken from your paper. For the papers in this class, an Executive Summary will be about one-half to a page and a half long.
The body of the paper must contain
The title of the paper, centered above the introductory paragraph and bolded. 
An introductory paragraph (Do NOT label it Introduction. See the sample student APA paper at https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/general_format.html). 
The discussion and analysis of your research, using APA headings and citationswhere needed,
No more than 20% of your paper should be taken from other authors. Please check TurnItIn (TII) percentage after submission. If TII says you have more than 20%, look at your paper and see where you can add more of your ideas and analysis to bring the percentage down to less than 20%. Then resubmit.
A conclusion, labeled as such with an APA first-level heading.
A separate reference page formatted in APA style- (On a separate page). ***If you do not have citations for your references, you will not receive credit for the research.
Plagiarized material will not receive credit and will be forwarded to the APU/AMU Plagiarism Department. This report goes in your permanent file.
A minimum of three references are required. These will support or refute your ideas in the paper. Two must be from the APUS Library. You, also, may use your text. Extra valid references may earn extra points. 
Wikipedia, Investopedia, Dictionaries, and other sites like this are not considered valid academic sources. You may use them, but they do not count as your three valid references.
Please note that mere copying and pasting from a website is not research, and I am aware of AI and essay purchase websites, how to access them, and how to detect papers obtained from them. All papers are electronically checked using specialized software to see if you wrote your work. You must demonstrate original thought in your paper – a book report consisting of several pages of quoted work with no original thought will not receive credit.
A Few More Tips
EVERYTHING in an APA paper is double-spaced, including references.
This is not an instructional document, so do not use “you” in any form. If you are telling a personal story, you may use “I” or “We.” Personal connections to your experiences made in papers are a good thing. Apply what you’re learning.
Numbers less than 10 are written in words.
Abstracts are not indented; Executive summaries are.
Do not use contractions in academic papers. Examples of contractions are don’t, didn’t, it’s, weren’t, aren’t, etc.
Books, journals, websites, etc. are italicized. Names of articles are not.
Please Note: All student papers are automatically submitted to Turnitin. TurnItIn now has an AI detector, as well as a plagiarism checker.

Please Note: Once your assignment is submitted and graded, the grade will be fi

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
CHAPTER 13 – Land-Use Planning, Subdivisions, Fair Housing and Other Public Controls
1. Briefly describe the Unruh Civil Rights Act, the Rumford Act and the Holden Act. Name an activity that each law prohibits. Why are these laws important to real estate agents?
2. What is the Subdivision Map Act? What is the Subdivided Lands Law? Who administers these laws?
3. Which Act in Question 2 above requires the issuance of a public report?
4. Explain the following terms: General Plan, Police Power & Zoning, be specific.
5. Name the three most influential methods that local governments have for controlling land use. Hint: categorized under police power enactments.

Please Note: Once your assignment is submitted and graded, the grade will be fin

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
CHAPTER 14 – Introduction to Taxation
1. Who is the County Assessor for San Diego County? Who is the County Tax Collector for San Diego County? Yes, you must name the two names !
2. What is an Ad valorem tax?
3. Describe in detail what Proposition 13 is and how property taxes are figured from it.
4. What is the fiscal year for San Diego County? When are property taxes due? When are they delinquent? (For both installments).
5. What are the special assessments, listed on the property tax bill ? Be Specific. Who or what is a Mello-Roos ?

Please Note: Once your assignment is submitted and graded, the grade will be fin

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
CHAPTER 7 – Encumbrances, Liens & Homesteads:
1. Define an Encumbrance and explain the two basic categories of an Encumbrance.
2. Define an Easement and name the 5 ways in which an Easement can be created.
3. Name and define the 5 ways to terminate an Easement.
4. Describe and write an example of each of the following: Voluntary Lien, Involuntary Lien, General Lien and Specific Lien.
5. Regarding mechanic’s liens; if an owner files a Notice of Completion what is the filing time for the general contractor (for a mechanic’s lien)? For a sub-contractor? And for all mechanics if the owner did not file a notice of completion?

There are two parts to complete: the individual pitch and the pitch deck.
Indivi

There are two parts to complete: the individual pitch and the pitch deck.
Individual Pitch
Develop a dynamic and persuasive five-minute presentation in which you pitch a real product/service/idea to a
specific audience of decision-makers (e.g., leadership team, executive board, or department). Prepare to
respond to questions during a two-minute Q&A session following your pitch.
Pitch Deck :
Design a professional-quality pitch deck to accompany your presentation. The deck must include an appendix
that provides further detail on your pitch (e.g., product/service features, financial projections, interview/survey
data).
I chose to promote a nail salon, and my audience are investors. The following documents list some of the requirements and what the instructor is required to include in the presentation.

Fully Define the loan program known as the Adjustable Rate Mortgage.

Questions:
1. What is the main objective of Alternative Financing for a potential borrower ? Define the term “Point” and how much is its value ?
2. Fully Define the loan program known as the Adjustable Rate Mortgage.
3. Explain the terms Index and Margin, give an example. What does a borrower need to know before agreeing to an Adjustable Rate Mortgage ?
4. Fully Define Negative Amortization, please provide an example.
5. Name at least 5 supporting documents from the borrower that a lender needs in the loan file.
Please number your responses to match the questions.

What is a Freehold Estate? What is the estate that is the most complete form of ownership?

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
CHAPTER 6 (Part II) – Estates & Methods of Holding Title:
1. What is a Freehold Estate? What is the estate that is the most complete form of ownership? What is an estate in remainder? Be specific.
2. What is a Less-Than-Freehold Estate? How does it differ from a Freehold Estate?
3. What is ownership in severalty mean? Define Tenancy in Common.
4. Name and describe the 4 unities of Joint Tenancy.
5. Define Community Property. How is it different from Joint Tenancy?
Please number your responses to match the questions.

The two main federal government loan programs are the FHA (Federal Housing Administration) and the VA (Department of Veteran Affairs) True or False

lease Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
1. The two main federal government loan programs are the FHA (Federal Housing Administration) and the VA (Department of Veteran Affairs). Simply answer if the following two statement(s) are True or False:

Question A, True or False: Neither the FHA nor VA makes loans directly to the borrowing public. Through approved lenders, the FHA insures the loan(s) and the VA guarantees the loans ?
Question B, True or False: The FHA and VA participate in the secondary market, meaning they sell loans to generate more money to lend ?
So for Question 1, you will simply have two (2) True or False responses.
2. The lecture notes and PowerPoint for this module 2 lists seven (7) FHA loan requirements that distinguishes it from conventional loans. Name these seven (7) requirements of an FHA loan.
3. Name and briefly describe the three (3) FHA loan programs, hint: they are numbered.
4. The lecture notes lists six (6) VA loan characteristics, please name these VA loan characteristics.
5. Can a non-Veteran qualify for a VA loan (Yes or No)? Hint: the spouse of a deceased active duty service member can qualify for a VA loan, did you know you have a nice teacher.
Can a non-Veteran assume a VA loan (Yes or No)?
Is mortgage insurance required on a VA loan (Yes or No) ?
Can a borrower get a VA loan with zero (0) percent down payment (Yes or No)?
Please number your responses to match the questions.

Please Note: Once your assignment is submitted and graded, the grade will be fin

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
CHAPTER 11 – Escrow and Title Insurance Companies
1. What does an Escrow company do? How does escrow benefit the buyer and seller? Be specific.
2. What are the legal requirements for a valid escrow? Who decides which escrow company to use? Who pays for escrow?
3. What do title insurance companies insure against? What is a preliminary title report? Be specific.
4. What is considered standard coverage? What is extended coverage? What does CLTA and ALTA mean and which is the standard coverage and which is the extended coverage? Who pays for title insurance?
5. What is the difference between recurring and nonrecurring closing costs? Give specificexamples.
Please number your responses to match the questions.

Please Note: Once your assignment is submitted and graded, the grade will be fin

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
CHAPTER 12 – Landlord and Tenant Relations
1. Name and define the four types of leasehold estates. Which one is considered a lease? Which one is considered a rental agreement?
2. Name the requirements for a valid lease.
3. What is an unlawful detainer? What are the four steps for the successful completion of an unlawful detainer?
4. What is the difference between an assignment and a sublease? Be specific.
5. What is a rental offset? How often may a tenant utilize a rental offset?
Please number your responses to match the questions.