TEXAS SAE REAL ESATE INVESTMENT COURSE EXAM QUESTIONS AND ANSWERS
0 view 0 purchase
Course
NURSING 706
Institution
NURSING 706
TEXAS SAE REAL ESATE INVESTMENT COURSE EXAM QUESTIONS AND ANSWERS
Rob purchased a property five years ago for $200,000. He put down $50,000 and financed $150,000. Today, the property is valued at $250,000. What is this an example of?
What phrase describes the amount that todays dollars grows ove...
TEXAS SAE REAL ESATE INVESTMENT COURSE
EXAM QUESTIONS AND ANSWERS
1). Rob purchased a property five years ago for $200,000. he put down $50,000 and financed
$150,000. today, the property is valued at $250,000. what is this an example of?
Ans: Equity Build up
2). What phrase describes the amount that todays dollars grows over time?
Ans: Future value
3). Private loan companies may place a ______ on the property for which the loan is being
taken.
Ans: Lien
4). What's the definition of appreciation?
Ans: An increase in property value
5). With a ______ lease, the tenant pays the rent and some expenses related to the property
Ans: Net Lease
6). Participants in this temporary organisation are looking for profit. they may be corporation,
partnerships, llc or other entities
Ans: Joint Ventures
7). In terms of investment, liquidity means an investment
Ans: Can be easily converted to cash
8). When an investment property is sold, three taxes that apply are transfer tax, capital gains,
and _____
PaperStoc.com Page 1 of 8
, Ans: Recaptured depreciation
9). Amanda wants to know how long, on average, homes are staying on the market before they
sell. what market indicator can give her this information?
Ans: Inventory Rates
10). What type of impact is e-commerce having on commercial property investments
Ans: Significant
11). Which of the following best describes foreclosure by entry and possession?
Ans: Petition to enter, repossession, notice of eviction
12). A neighborhood that has been disintegrating for some time is undergoing a rejuvenation,
with several properties on one block being heavily renovated or entirely rebuilt. as a result,
even the properties that are still old and shabby increase somewhat in value. this is the
principle of ________.
Ans: Progression
13). The capital gains exclusion for couples filing jointly who have lived in their primary
residence at least two of the five years immediately preceding the sale of the home is up to
$500,000. what is the capital gains exclusion for single taxpayers?
Ans: $250,000
14). For the vast majority of loans, a single late____ does not automatically mean the loan has
gone into default.
Ans: Payment
15). Santiago plans to develop a super-regional shopping center. what size lot will he need
Ans: 60 -120 acres
16). Which of the following statements is true regarding developers who plan to allow fha
financing in their subdivisions?
PaperStoc.com Page 2 of 8
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Academik001. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.