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RECA / Real Estate Fundamentals COMBINED

RECA / Real Estate Fundamentals

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RECA Commercial Unit2 Set Test Exam Questions & Correctly Verified Solutions

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RECA Commercial Unit2 Set Test Exam Questions & Correctly Verified Solutions Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) - ANSWER 1. They involve land 2.Transaction t...

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RECA Commercial Unit2 Set Test Exam Questions & Correctly Verified Solutions

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RECA Commercial Unit2 Set Test Exam Questions & Correctly Verified Solutions Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) - ANSWER 1. They involve land 2.Transaction t...

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RECA Commercial Unit3 Questions And Verified Correct Answers

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RECA Commercial Unit3 Questions And Verified Correct Answers What does Fee Simple mean? - ANSWER 'Fee' means the land can be inherited and 'simple' means the inheritance is unqualified as to who can inherit it. Bundle of rights include (x4) - ANSWER Possession (to occupy and keep out o...

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Real Estate Fundamentals Questions And Verified Correct Answers

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Real Estate Fundamentals Questions And Verified Correct Answers Which of the following would be included in the "bundle of legal rights?" A. Immobility B. Uniqueness C. Control D. Indestructibility - ANSWER C. Control In the "bundle of legal rights" which right allows the owner to sell ...

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Real Estate Fundamentals Questions & Correctly Answers

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Real Estate Fundamentals Questions & Correctly Answers An owner of a residential property had planted a rose bush several years ago on the property. Regarding the rose bush she had planted, this would be considered - ANSWER Real estate An owner of a property built a free standing bookshelf to...

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