Condemnation - Study guides, Class notes & Summaries

You borrow $144,000 for 30 years and the interest rate is 6.2%. The lender requires you to pay 1.5 points at the closing. How much do you have to pay for the points? correct answers $2,160 144000x1.5%=2160 What makes a good appraiser? correct answers Attributes of a good appraiser These are certainly not all of the possibilities but important items would include: Competent Independent Impartial Objective Prompt Articulate Logical Organized Well educated Good communicator Problem ...

Equal Protection - ANS A right guaranteed by the Fourteenth Amendment to the US Constitution, wherein "no state shall deny a person" this right. It required the state to apply the same laws to all citizens. Due Process - ANS necessary procedural requirements that government agencies must follow to take action against parties in violation of applicable laws Statutes - ANS laws enacted by either the state or the federal legislature Ordinances - ANS Laws enacted by local governm...

2024 LAW AND PRACTICE VAN ED FINAL EXAM Questions and 100% Verified Answers. 1. A loan whose payments do not fully liquidate the loan and thus requires a large final payment, is known as Partially amortized loan Term loan Growing equity mortgage Graduated payment mortgage: 1. Partially amortized loan - Repays partially, the part of the loan that hasn't been repaid yet is called a balloon payment Graduated/Growing - accelerate repayment of their fixed-rate mortgage by sched- uling ...

Basic Appraisal Principles Questions and Answers Graded A+ When are appraisers needed? to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser competent, independent, impartial, objective, prompt, organized, educated, honest & diligent Appraiser must be knowled...

Texas Principles of Real Estate II (2023/ 2024) Exam| Questions and Verified Answers| 100% Correct Q: According to value a. Police power b. Ad valorem c. Taxation d. Escheat e. Condemnation Answer: B Q: The government retains the following rights in lands, EXCEPT: a. Eminent domain b. Allodial c. Police Power d. Taxation Answer: B Q: If a landowner sues the government in order to force it to buy his or her land, this is called: a. Reverse condemnati...

When the agency relationship has been terminated, the licensee is no longer considered the principal's agent but still owes which of the following duties to the principal? - ️️Accounting Which of the following may not involuntarily terminate an agency relationship? - ️️Expiration of the agreement term When a seller authorizes a unilateral offer of subagency to all MLS members, any agent who shows the listed property automatically becomes - ️️A subagent An agency relationship ...

Gold Coast RE 1001 Cram, Practice Math and Final Exam with complete solutions Graded A+ 312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be ...

A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - correct answer a contract Antitrust laws prohibit competing brokers from all of the following - correct answer 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared by - correct answer all current owners of ...

Basic Appraisal Principles Questions and Answers Already Passed When are appraisers needed? to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser competent, independent, impartial, objective, prompt, organized, educated, honest & diligent Appraiser must be knowledgeab...

CPFS STUDY GUIDE QUESTIONS WITH CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) NEWEST VERSION What is true when ordering game meat? 1. Should not be commercially raised. 2. Should be slaughtered onsite. 3. Should only be shot. 4. Should be commercially raised. - Answer- 4 Commercially raised game is safe from disease. Only commercially raised game should be ordered. It must be slaughtered and processed by an agency that is approved. What needs to be on a 1/2 gallon package of shucked...