Industrial actual estate - Study guides, Class notes & Summaries

Principles of Real Estate Exam- Charles Cowell Questions and Answers 100% Pass What might be the role of a real estate broker in the event a homeowner seeks to overturn a property appraisal? A) a broker might be able to offer actual appraisals and sales prices of comparable homes B) a broker might offer the attorney for the local board of REALTORS to prepare the homeowners case C) a broker might testify about current market conditions and direction of home prices D) a broker might b...

Agent Thompson received a letter from the Department of Insurance asking her to provide proof of completing the continuing education requirements. Within how many days must Agent Thompson respond to the Department's inquiry? 20 30 10 45 - ANSWER-10 days Abby lives in Ohio, where she is licensed as an insurance producer. She wants to apply for a nonresident license in Pennsylvania. Which of the following conditions must she satisfy? She must move to Pennsylvania. She must surrende...

Real Estate U Final EXAM LATEST 2023- 2024 ACTUAL EXAM 350 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ TESTBANK Syndication - CORRECT ANSWER Method of using capital (money) from multiple investors for the common goal of acquiring real estate. Investments are often syndicated in order to allow individuals to invest in properties or projects that are significantly larger than they could afford on their own. Types of Commercial Real Estate Note: Co...

Types of Real Property (5) - Answer 1) Residential, 2) commercial, 3) Industrial, 4) Agricultural, 5) Special-purpose. Two Types of Real Property Ownership - Answer 1. Legal 2. Equitable **Most people have BOTH** Legal Title - Answer Actual Ownership of property Equitable Title - Answer When someone holds title for the benefit of others (Trustee of a trust holds title. The Trustee holds legal title to the property, but the beneficiaries hold equitable title) Estates...

Functional obsolescence - Answer- Refers to the loss in desirability of the style, layout or function of an element of a property over time Sales comparison - Answer- best indicator of value for existing properties highest and best use - Answer- the legal use for property that gives the greatest return in money and/or amenities external obsolescence - Answer- the loss in value of a property caused by factors outside the property itself principle of contribution - Answer- suggests the...

An open-end management company is a: A. mutual fund B. publicly traded fund C. fixed unit investment trust D. real estate investment trust A. mutual fund To impose the maximum sales charge, under FINRA rules, mutual funds must offer investors all of the following benefits EXCEPT: A. Breakpoints B. Plan Completion Insurance C. Rights of Accumulation D. Letter of Intent B. Plan Completion Insurance A closed-end...

Assessor The government official responsible for administrating the property tax system and for Establishing value for ad valorem tax purposes Requirements of the assessor Discovery , listing and valuation Discovery Location of all taxable property Listing Creating an inventory of the quantity, quality and important characteristics of all taxable property Valuation An estimate of the actual or market value of all taxable property Property tax Primary sour...

KY Real Estate Final Exam Practice Actual Questions and Answers (Scored 100%) what happens with a Judicial foreclosure? broker Dean realizes he has relocation buyers. What is something he should focus on with these buyers? real estate licensees should know enough about building ordinances to be able to... if an industrial property is described as "special-purpose" it is during the final walk-through a buyer sees that the seller did not remove a downed tree. What is the best way of ha...

45 Hour Post License Florida EXAM |ACTUAL EXAM WITH QUESTIONS AND CORRECT DETAILED ANSWERS VERIFIED ANSWERS ALREADY GRADED A+ 2024 Farming Correct Answer: Concentrating on one type of style of property or on one particular neighborhood A residential transaction os defined in F.S. 475 as the sale of any: Correct Answer: - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural prope...

Colorado Law And Practice Exam Questions And Answers The term "effective age" when applied to an industrial building means The observed age of the property in relation to its actual age An employed broker who both lists and sells has earned: The agreed upon split from the employing broker for each side of the transaction If a borrower must pay one discount point on a 250,000 loan, the charge will be: 2,500 Federal Fair Housing law provides that possible discrimination exists...