Ree 3043 - Study guides, Class notes & Summaries

REE 3043 EXAM 1 QUESTIONS WITH CERTIFIED ANSWERS Rules used by courts to determine whether something is a fixture include all except: a. Law of capture b. Intention of the parties c. Character of the article and manner of adaptation d. Manner of attachment - Answer-Law of capture Which of the following is a titled estate? a. Fee simple absolute b. Fee simple conditional c. Life estate d. All of these - Answer-all of these Which of these forms of co-ownership could best be...

REE 3043 REVIEW QUESTIONS WITH REVISED CORRECT ANSWERS Nonrecurring Expenses - Answer-Leasing commissions, tenant improvements, retenanting expenses A project's NOI is calculated by: - Answer-deducting all expenses and allowances from the property's effective gross income The capitalization rate found by dividing the NOI of a property by its selling price takes into account investor's future cash flows - Answer-true The allowance known as the reserve for replacements and other nonr...

REE 3043 TEST QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+ Investment Value Definition - Answer-Def: *The value of the property to a particular investor*. The price a particular investor (as opposed to the typical investor) is willing to pay, given the investor's unique tax situation, financing opportunities, required rate of return, and expectations of the property's future cash flows. Market Value Definition - Answer-Def: *Exact value.* The price a typical buyer would pay should the prop...

Which is NOT a method the federal government uses to influence the real estate market? through fair housing laws. by granting housing subsidies through income tax incentives. by regulating building codes. Correct Answer-by regulating building codes. Real estate markets differ from other asset classes by having all of the following characteristics except: High transaction costs. Integrated market. Heterogeneous product. Local market. Correct Answer-Integrated mark...

REE 3043 EXAM 3 LATEST UPDATE...

REE 3043 EXAM 1 LATEST UPDATE ...

100 Percent Correct Answer-The maximum loan-to-value ratio on a VA gauranteed loan is: 1.75% Correct Answer-What is the up-front premium changed on FHA loans? $63,000 Correct Answer-Given the following information, how much PMI i required? PMI is to cover the top 35% of the loan. Purchase Price: $200,000 Loan Amount: $180,000 Down Payment: 10% Annual Percentage Rate (APR) Correct Answer-Jan is hopping for a home loan in order to purchase her retirement home. She has several loans ...

REE 3043 EXAM QUESTIONS WITH ALL CORRECT ANSWERS The investment strategy may be separated into three components - Answer Investment policy, investment objectives, and investment policies Characteristics of income property investment - Answer Property Type- Apartments, hotels, office buildings etc Rental Income Purchase as Investors Geographic Scope Net sellping price NSP= - Answer expected sale price (SP) - selling expense (SE) a measure of the extent to which NOI can decline b...

REE 3043 Exam questions with 100% Correct answers

REE 3043 EXAM 1 QUESTIONS WITH REVISED ANSWERS The Rushing River Ranch is running out of room for their livestock. They ask the property owner adjacent to their land if they can lease 1000 acres for the next ten years. Upon signing the lease, Rushing River Ranch erects 40,000 feet of fence on the property to contain their livestock. At the end of the lease, Rushing River Ranch decides not to renew the lease. According to the four rules for fixtures, who owns the fence and why? - Answer-- The R...