Exam (elaborations)
Texas Property Tax Consultant Exam - Multiple Choice WITH CORRECT !! ANSWERES 100% VERIFIED
- Course
- Institution
Passing the exam demonstrates the candidate's knowledge and expertise in property taxation
[Show more]
Content preview
Texas Property Tax Consultant Exam - Multiple ChoiceWITH CORRECT !! ANSWERES 100% VERIFIED
Which of the following would be an example of an economic force?
a. A trend toward smaller household sizes
b. A city ordinance banning outdoor advertising
c. A city's favorable climate
d. A manufacturing plant reopening after closing - correct answer ✔ d. A
manufacturing plant reopening after closing
Which of the following would be an example of a social force?
a. Higher utility rates for a certain area
b. Lower interest rates
c. An increasing divorce rate
d. Recurring flooding in a certain few homes in a subdivision - correct answer ✔ c.
An increasing divorce rate
Which of the following would be an example of a governmental force?
a. An area's abundant natural resources that results in lower lumber costs
b. Strict building codes requiring poured concrete foundations for homes within
the city
c. The development of a new private country club golf course
d. The opening of a new grocery store - correct answer ✔ b. Strict building codes
requiring poured concrete foundations for homes within the city
Which of the following is not a governmental influence?
a. Development of a new subdivision by a local builder
b. Sales tax increase for a certain area
c. A hotel occupancy tax
d. Development of a new sports arena financed by city bonds - correct answer ✔
a. Development of a new subdivision by a local builder
An area has a reputation for being a neighborhood with a low crime rate and an
excellent quality of life. What force is this an example of?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ a. Social
,Texas Property Tax Consultant Exam - Multiple Choice
WITH CORRECT !! ANSWERES 100% VERIFIED
A neighborhood has excellent views of the ocean. What force does this exhibit?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ d. Environmental
A city has a zoning code that does not allow satellite dishes in the front yard. This
is an example of which kind of force?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ c. Governmental
San Francisco is a city influenced by its strategic location along the Pacific Coast
and its favorable climate. Which of the four forces are these part of?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ c. Governmental
Los Angeles had some major obstacles in its economic expansion in the 1980s
including civil rights issues, crime, and illegal immigration. Which of the four
forces were these part of?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ a. Social
A severe hurricane damaged the Miami region in August 1991. Which of the four
forces does this represent?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ d. Environmental
,Texas Property Tax Consultant Exam - Multiple Choice
WITH CORRECT !! ANSWERES 100% VERIFIED
The Disney theme park outside Orlando has had a significant impact on uses of
land in southwest Orlando for many years and an influence on the value of that
land. Which of the four forces does this represent?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ b. Economic
The King's Bay Submarine Base in southwestern Georgia is one of the largest
developments in America. It was created by the Department of Defense to build
nuclear submarines for the Navy. What force does this represent?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ c. Governmental
The tax reform act of 1986 had a dramatic impact on real estate by eliminating
many of the tax advantages for passive real estate investors. This is an example of
which kind of force?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ c. Governmental
A real estate mall developer purchases a site with the intent of building a regional
mall because the immediate area has a significant number of households and the
income level of those households is affluent. What type of force is the
neighborhood going through?
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ a. Social
Families are more aware of recycling their consumer wastes than ever before.
This is an example of which kind of force?
, Texas Property Tax Consultant Exam - Multiple Choice
WITH CORRECT !! ANSWERES 100% VERIFIED
a. Social
b. Economic
c. Governmental
d. Environmental - correct answer ✔ a. Social
Which of the following is not one of the three tests of when personal property
becomes a fixture and thus part of the real estate?
a. Cost of the item
b. Manner of attachment
c. Intent of the parties
d. Character of the item - correct answer ✔ a. Cost of the item
A fee simple interest in a property is an example of?
a. Real Property
b. Real Estate
c. Personal Property
d. Emblement - correct answer ✔ a. Real Property
A window air conditioner that is permanently attached to a home and built in
with caulked side/top/bottom molding and screwed to the window frame is an
example of a (an)?
a. Trade fixture
b. Fixture
c. Personal Property
d. Encroachment - correct answer ✔ b. Fixture
Which of the following is not a form of private limitation?
a. Lease
b. Mortgage
c. Severalty
d. Easement - correct answer ✔ c. Severalty
A tenant or lessee may most likely possess which type of interest?
a. Life estate
b. Leased fee estate
c. Lien
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 EXPERTIPS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
84146 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now