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A CMA is prepared to estimate the likely sale price of a property. This analysis is based on the - market data approach. A forced sale is also known as - specific performance. A group of New York City neighbors wants to get a theater on their block designated as a landmark. How old must that the...

1866 Civil Rights Act prohibits discrimination on: - race A broker must: - give all offers to seller A house has many liens, in foreclosure, which lien is paid first? - property tax a house has many liens. in foreclosure which is paid first - real property tax a large increase in amount of money...

A _____ has a fiduciary obligation to a _____. - property manager / property owner A building has 28,000 rentable square feet, 22,160 square feet of which are considered useable. What is this building's loss factor? - 20.9% A buyer is considering a house with asbestos insulation coating the wate...

4 types of Deeds = Full Covenant, Bargains/Sale, Quitclaim, Judicial - a. Full Covenant = best deed b. Quitclaim = quit your claim (divorce/cloud on title) c. Judicial = deed written by court A legal description of property based on lines of longitude and latitude, townships, and sections is d...

A building has 28,000 rentable square feet, 22,160 square feet of which are considered useable. What is this building's loss factor? - 20.9% A buyer is considering a house with abestos covering the water pipes, what should the buywe be most concerned about? - Abestos can contaiminate the house i...

1 acre - 43,560 square feet 100 by 150 - first number is always the front footage / beachfront 3 Approaches to Value - 1. Sales Comparison Approach 2. Cost Approach 3. Income Approach A broker must give: - all offers to the seller, sound advice on mortgages, accurate appraisals, and explanatio...