REAE 3325 Exam 1 Review Questions and Answers 100% Correct
6 views 0 purchase
Course
REAE 3325
Institution
REAE 3325
REAE 3325 Exam 1 Review Questions and Answers 100% CorrectREAE 3325 Exam 1 Review Questions and Answers 100% CorrectREAE 3325 Exam 1 Review Questions and Answers 100% CorrectAccording to the text, the user market is not highly segmented because the entire market is dependent on interest rates and t...
REAE 3325 Exam 1 Review Questions
and Answers 100% Correct
According to the text, the user market is not highly segmented because the entire
market is dependent on interest rates and those do not vary much on a national basis.
True
False - ANSWER-False
Real Estate competes for ______ in the capital market.
funds
users
space
awards - ANSWER-Funds
Due to online data and sources such as Google, the real estate market can be classified
as being highly informationally efficient.
True
False - ANSWER-False
Real estate values are determined by interactions in:
Property markets.
Capital markets
User markets.
All of these are correct. - ANSWER-All of these are correct.
Risk premiums are typically required by investors on riskier investments.
True
False - ANSWER-True
According the lecture, lease is an example of tangible property because it in writing.
True
False - ANSWER-False
The ____ market is also called the "space" or "rental" market.
None of these is correct.
User
, Capital
Property - ANSWER-User
According to the lecture, real estate can be described as:
Land and things attached to it.
A bundle of rights.
An industry or a profession.
All of these are correct. - ANSWER-All of these are correct.
A _____ is a special written contract for conveying a permanent interest in real property.
None of these is correct.
deed
lease
title - ANSWER-deed
A __________ deed makes no covenants or assertions about grantor's interest
general
quitclaim
bargain and sale
quickclaim - ANSWER-quitclaim
The __________ is the person or entity that is receiving the real property.
claimant
grantee
grantor
None of these is correct. - ANSWER-grantee
The "habendum clause" defines the interest being conveyed.
True
False - ANSWER-True
Almost no personal or household wealth in the United States is derived from housing
equity.
True
False - ANSWER-False
Cash flows in the property market generally derive from:
community grants.
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 NursingTutor1. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.