Principles of real estate Study guides, Class notes & Summaries

appraisal - ANSWER-defined as an appraiser's opinion of value. Loan-to-Value Ratio (LTV) - ANSWER-is the percentage of value or sales price that a lender is willing to finance. Principle of Substitution - ANSWER-According to this principle, a commodity's value is influenced by the cost of acquiring a substitute or comparable item. Principle of Regression - ANSWER-The presence of lower-priced properties in the area will cause a decline in the value of the subject property. Principle...

RRLLB81 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 (818640) - DUE 17 September 2024;100% TRUSTED workings, explanations and solutions. for assistance Whats-App ...0.6.7..1.7.1..1.7.3.9 .......... LIABILITY INSURANCE IN SOUTH AFRICAN LAW AS A COMPLEX FORM OF INDEMNITY INSURANCE Background There are several classifications of insurance; the most common is the distinction between indemnity insurance (also referred to as non-life insurance) and non-indemnity insurance (also referred to as...

Texas Principles of Real Estate 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate. Townhomes and single-family homes differ in that ______a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not own the land because of (d) townhomes are retro-commissioned and share 2. a: Rights that are associated with the ownership of real property are often referred to as the owner's: (a) Bundle...

AYPO Real Estate Principles of Real Estate I Exam Study Guide With Correct Answers.

Test Bank for Real Estate Principles: A Value Approach, 7th Edition 7e by David Ling and Wayne Archer. ISBN-13: 0185 Full Chapters test bank are included PART 1: SETTING THE STAGE  Chapter 1: The Nature of Real Estate and Real Estate Markets  PART 2: LEGAL AND REGULATORY DETERMINANTS OF VALUE  Chapter 2: Legal Foundations to Value  Chapter 3: Conveying Real Property Interests  Chapter 4: Government Controls and Real Estate Markets  PART 3: MARKET VALUATION AND APP...

Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated :Complete Version Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated :Complete Version Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated :Complete Version

appraisal CORRECT ANSWER value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) CORRECT ANSWER The percentage of value or sales price that a lender is willing to finance. limited appraisal report CORRECT ANSWER exterior only/drive by inspection. deemed as low risk loan highest and best use of property CORRECT ANSWER legal use that gives the greatest return Principal of Contribution CORRECT ANSWER cost does not equal value ...

Principles of Real Estate 2 Champions School of Real Estate Exam 2023...