Improved land - Study guides, Class notes & Summaries

Real Estate Brokerage (Ch. 1) A business in which real estate-related activities are performed under the authority of a licensed real estate broker Farming (Ch. 1) concentrating on one type or style of property in one particular area of neighborhood Property Transfer, Valuation & Marketing (Ch. 1) areas of expert knowledge that are required for all real estate licensees Residential Transaction (Ch. 1) F.S 475 The sale of any improved residential property of 4 units or f...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

If the site represents 40% of the total value in a particular neighborhood, how much land value would be allocated from a $200,000 sale of a single family home? - $80,000.00 In the subject property's neighborhood, improved properties are selling for prices in a range of $140,000 to $160,000. Research reveals a typical land value-to-total property value ratio of 20%. What is the range of value for a similar site in this neighborhood? - $28,000 to $32,000 Land can be valued by Sales comp...

"The age of property that is based on the amount of observed deterioration and obsolescence it has sustained" is the definition of ____________ age. (Ans- effective In what type of heating system would you find an expansion tank? (Ans- hot water Which of the following would be general data? (Ans- mortgage rates, unemployment rates, property tax rates A comparable new house just sold for $440,000. You estimate the value of the site at $90,000 and the cost of the site improvements a...

CHAPTER 3—ECOSYSTEMS: WHAT ARE THEY AND HOW DO THEY WORK? MULTIPLE CHOICE 1. Scientists estimate that tropical rain forests contain up to half of the earth’s land plants and animal species. What percentage of the world’s land surface do tropical rain forests cover? a. 2 b. 4 c. 8 d. 10 e. 12 ANS: A PTS: 1 TOP: 3-0 Core Case Study: Tropical Rain Forests Are Disappearing KEY: Bloom's: Remember NOT: New 2. The disappearance of the tropical rain forests is an import...

End of Semester Test: World History A (for Edmentum / Plato) Already Passed Q 1 Type the correct answer in the box Identify the type of source based on the information provided A historian found a journal belonging to an ancient Indian princess. The princess liked to keep a record of all the royal women of her dynasty who lived before her time. She tried to collect as much accurate information about their history as possible. Her joumal is a great source of historical information Based on th...

Gleim Private Pilot FAA Knowledge Test Guide Gleim Private Pilot FAA Knowledge Test Guide What is one purpose of wing flaps? To enable the pilot to make steeper approaches to a landing without increasing the airspeed. One of the main functions of flaps during approach and landing is to: Increase the angle of descent without increasing the airspeed. What is the purpose of the rudder on an airplane? To control yaw. Which is not a primary flight control surface? A. Flaps B. Stabilat...

In the subject property's neighborhood, improved properties are selling for prices in a range of $140,000 to $160,000. Research reveals a typical land value-to-total property value ratio of 20%. What is the range of value for a similar site in this neighborhood? - $28,000 to $32,000 Land can be valued by - Sales comparison, land residual, allocation, and extraction You are asked to appraise a vacant building lot. The neighborhood is about 75% built up. Most lots in the area are from 55 to...

Steps. 1. Determine Cost New Main house 2400 SF x 85/SF =204,000 Garage 440 x 18/SF = 7920 ====================================== 204,000 + 92 = 211,920 2. Determine Depreciation Cost Sale Price 240,000 - Land Value 50,000 - Improvements 25,000 ======================== 165,000 3. Determine Total Depreciation Cost New 211,920 - Depreciation Cost 165,000 = 46,920 4. Determine Depreciation Percentage Cost New 211,920/Total Depreciation 46,920 = 22.14% correct answers For the p...

If the site represents 40% of the total value in a particular neighborhood, how much land value would be allocated from a $200,000 sale of a single family home? - $80,000 In the subject property's neighborhood, improved properties are selling for prices in a range of $140,000 to $160,000. Research reveals a typical land value-to-total property value ratio of 20%. What is the range of value for a similar site in this neighborhood? - • $28,000 to $32,000 Land can be valued by - Sales comp...