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NYREI SCHOOL EXAM 2025 QUESTIONS AND ANSWERS Land Use Controls/Zoning - ....ANSWER ...-any public or private restrictions on how land may be used; usually government zoning laws Eminent Domain - ....ANSWER ...-government's power to take private property for public use as long as the owner is paid just compensation Escheat - ....ANSWER ...-property reverts back to the state when someone dies without a will and without heirs Fiscal - ....ANSWER ...-governments plan for spending, taxation, and debt management Monetary - ....ANSWER ...-government exerts control over money supply secondary mortgage markets - ....ANSWER ...-private investors and government agencies that buy and sell real estate mortgages Federal Housing Administration (FHA) - ....ANSWER ...-provides mortgage insurance to help people who have smaller down payments to quality for a loan ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1