California Real Estate Practice 4th Edition, by Walt Huber and Arlette Lyons
Matching Vocabulary - Chapter 12
© 2005 Educational Textbook Company

a. Goodwill
b. Business Opportunity
c. Uniform Commercial Code
d. Real Estate Investment Counselor
e. Bill of Sale
f. Security Agreement and Financing Statement
g. Encumbrancers
h. Net Multipliers
i. Gross Multipliers
j. Covenant Not to Compete
 
 
1. ___ shows the debtor’s name and address, the secured party’s name and address; description and nature of the collateral property; and other items.
2. ___ the expectation of continued public patronage.
3. ___ the body of law adopted throughout the USA that standardizes a number of common business practices.
4. ___ the broker’s consultant, does for other brokers what they can’t do for themselves until their experience qualifies them for similar status.
5. ___ those who have an interest in the property by virtue of having a lien on, an easement against, or imposed restrictions on the subject property.
6. ___ the seller agrees not to open a competing business for a period of time within a specified geographic area.
7. ___ the amount that a business would sell for based upon the multiplication of its annual net income by some standardized number.
8. ___ a sale or lease of the business and goodwill of an existing business enterprise opportunity.
9. ___ commonly used in (ball park) valuations of income-producing property; based on rents.
10. ___ serves the same function in the transfer of personal property as the grant deed does for real property.