NYREI Vocab

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Author:
jaemann
ID:
230087
Filename:
NYREI Vocab
Updated:
2013-08-15 08:32:45
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NYREI Vocab
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Vocabulary from internet
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  1. Article 12-A
    Article of New York Real Property Law, which contains most of the laws relevant to real estate brokers and salespeople.
  2. Article 78 Proceeding
    Refers to an article of the Civil Practice Law and Rules that allows aggrieved persons to bring an action against a government body or officer.
  3. Dual Licensure
    When real estate licensees hold more than one license at a time.
  4. Escrow
    System in which things of value ex. money or documents are held on behalf of parties to a transaction by a disinterested third party an escrow agent, until specific conditions have been satisfied.

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