REAE 3325 Exam 1 Review Questions and Answers 100% Correct
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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.
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