Barney fletcher exam - Study guides, Class notes & Summaries

Barney Fletcher Exam questions 2 And Answers Which of the following statements is true of a private deed restriction? A. it is imposed by an individual on other people through a contract or deed B. it is put on a property by an owner to reduce tax liability C. it applies only to crops on agricultural property D. it is imposed by the city restricting the use on the property A. it is imposed by an individual on other people through a contract or deed

Barney Fletcher Exam 2: 2024 Updated Questions with Verified 100% Correct Answers | Latest Edition B. highest and best use - An appraiser recommended tearing down a $28,000 house. There was a shopping center across the street. Which of the following appraisal principles BEST describes this situation? A. deterioration B. highest and best use C. capitalization D. substitution B. title insurance policy - What could guarantee no encroachments and good title? A. assumption package B. ti...

Barney Fletcher Exam Questions with Answers In doing a market analysis, you find a recently sold property where the owners had just gone through a divorce. It was listed for $60,000 for 3 months but sold for $40,000. Would you use this as a comparable? A. no, because it had only been listed for 3 months B. no, because of the divorce, it was not an arms length agreement C. yes, you would use the actual sales price of $40,000 D. yes, because it was a comparable type property - Answer-B. ...

Barney Fletcher Exam Questions 4 And Answers A deed would be presumed to have been delivered upon the happening of which of the following events? A. it was subrogated B. it was notarized C. it was recorded D. it was signed C. it was recorded

Barney Fletcher Exam questions and answers

Barney Fletcher Exam Questions with Answers In doing a market analysis, you find a recently sold property where the owners had just gone through a divorce. It was listed for $60,000 for 3 months but sold for $40,000. Would you use this as a comparable? A. no, because it had only been listed for 3 months B. no, because of the divorce, it was not an arms length agreement C. yes, you would use the actual sales price of $40,000 D. yes, because it was a comparable type property - Answer-B. ...

Barney Fletcher Exam Questions with 100% Correct Answers 2024.

Barney Fletcher Exam questions 2 and answers An appraiser recommended tearing down a $28,000 house. There was a shopping center across the street. Which of the following appraisal principles BEST describes this situation? A. deterioration B. highest and best use C. capitalization D. substitution - Ans ️️ B. highest and best use What could guarantee no encroachments and good title? A. assumption package B. title insurance policy C. survey D. termite inspection - Ans ️️ B. titl...

Barney Fletcher Exam Questions and Answers 2024.

which BEST describes the principle that a home maintains its highest value in a neighborhood with similar homes and similar type housing? A. substitution B. conformity C. highest and best use D. competition - ANSWER B. conformity If you took projected future costs from projected future income, you would arrive at: A. capitalization rate B. projected net income C. projected debt service D. projected debt coverage - ANSWER B. projected net income A deed would be presumed to have ...