Real estate appraisal - Study guides, Class notes & Summaries

Appraisal An estimation of a property's value, usually prepared by a professional who is licensed in this field. Brokerage The business of bringing people together in a real estate transaction. Commerical The types of properties that include office spaces, shopping centers, stores, theaters, hotels, parking facilities, etc. Development The term for the construction of improvements upon the land. Elevation Certificate Insurance agents are required to obtain one of these on any property be...

California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case (Ans- Must disclose death (and manner of death) on a property if occurs within 3 years, except AIDS Jones vs. Mayer Supreme Court Decision (1968) (Ans- Racial discrimination not allowed (whether selling or buying) in all PRIVATE property transactions (based on Civil Rights Act of 1968) Easton vs Strassburgar (Ans- Seller disclosures to third parties AND agent visual inspection of all...

TEXAS SAE: REAL ESTATE APPRAISAL EXAM REVIEW

REAL ESTATE APPRAISAL PRACTICE EXAM QUESTIONS AND ANSWERS

The right of the sovereign government to take private property for public use upon the payment of just compensation is - correct answer Eminent domain A person owning less than an entire bundle of rights in real estate is said to have - correct answer Partial interest Real estate appraisers perform analyses and render opinions or conclusions relating to the nature, quality, value, or utility of specified interests in, or aspects of, identified - correct answer real estate According to l...

REAL ESTATE APPRAISAL FINAL PRACTICE EXAM

CESHOP Real Estate Appraisal Practice Tests Questions With Complete Solutions

CESHOP Real Estate Appraisal Practice Tests Questions With Complete Solutions

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 properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residential units...