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Instructions for Side by Side Printing
  1. Print the notecards
  2. Fold each page in half along the solid vertical line
  3. Cut out the notecards by cutting along each horizontal dotted line
  4. Optional: Glue, tape or staple the ends of each notecard together
  1. Verify Front of pages is selected for Viewing and print the front of the notecards
  2. Select Back of pages for Viewing and print the back of the notecards
    NOTE: Since the back of the pages are printed in reverse order (last page is printed first), keep the pages in the same order as they were after Step 1. Also, be sure to feed the pages in the same direction as you did in Step 1.
  3. Cut out the notecards by cutting along each horizontal and vertical dotted line
To print: Ctrl+PPrint as a list

20 notecards = 5 pages (4 cards per page)

Viewing:

real estate unit 9 legal aspects

front 1

A. agency

back 1

Legal relationship in which a principal authorizes an agent to act as the
principal’s representative when dealing with third parties

front 2

G. fiduciary relationship

back 2

Implies a position of trust and confidence

front 3

B. agent

back 3

Person who has the authority to act on the behalf of another, representing
the business interests of that person

front 4

N. principal

back 4

Client who gives authority to an agent to represent his or her interests in
dealing with third parties

front 5

T. third party

back 5

Customer who may be affected by the terms of an agreement but who is
not a part of the agreement

front 6

H. general agency

back 6

Relationship in which a principal delegates ongoing tasks or duties to an
agent under his or her employ

front 7

S. special agency

back 7

Relationship in which a principal delegates limited tasks or specific duties
to an agent under his or her employ

front 8

D. cooperating broker

back 8

Selling agent who assists another broker by finding a buyer

front 9

E. dual agent

back 9

Broker acting as agent for both the seller and the buyer in the same
transaction

front 10

R. sales associate

back 10

Licensed real estate salesperson or broker whose license is held by an
employing licensed broker

front 11

Q. right to control

back 11

How much direction the broker exercises over the person the broker has
hired

front 12

M. power of attorney

back 12

Written document that gives a person legal authority to act on behalf of
another person

front 13

O. ratification

back 13

Acceptance of an act already performed

front 14

F. estoppel

back 14

Legal bar that prevents a person from asserting facts or rights that are not
consistent with what was implied by the person’s previous behavior

front 15

L. obedience

back 15

Willingness to follow the orders of others

front 16

C. confidentiality

back 16

Discretion in holding privileged information

front 17

J. material fact

back 17

Any fact that would seem likely to affect the judgment of the principal in
giving consent to the agent to enter into the particular transaction on the
specified terms

front 18

K. misrepresentation

back 18

Making a false statement or concealing a material fact

front 19

P. respondeat superior

back 19

“Let the superior answer.”

front 20

I. indemnification

back 20

Protect against damage, loss, or injury, or to make compensation for
damage, loss, or injury