Real estate realty - Study guides, Class notes & Summaries

CHAPTER 3 Mortgage Loan Foundations: The Time Value of Money TRUE/FALSE 1. In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 2. One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 3. At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 4. The future value of $800 deposited ...

WA State 3 Real Estate Exam Prep: Rockwell Institute Sample Exams 3 questions with correct answers The owner of property located along a stream or river may have which type of water right? A. Alluvion B. Riparian C. Appropriation D. Littoral Correct Answer-Your Answer: B Riparian rights are water rights that belong to owners of property that borders a stream or river. (Littoral rights refer to water rights associated with property that borders stationary water, such as a lake.) Five...

Law of Contracts - Champions Test | Questions & Answers (Graded A+) Law of Contracts - Champions Test | Questions & Answers (Graded A+) Wrongful or criminal deception intended to result in financial or personal gain is called: - ANSWER - fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - ANSWER - 90 days __________ extend above the surface without limitation. - ANSWER - air rights An example(s) of an appurtenance would be: - ...

REVIEW QUESTIONS FOR NY REAL ESTATE EXAM 2023 1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - Answer -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - Answer C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would...

Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 1. a: 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 o...

312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage - Answer- D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be revoked b. Automatically be suspended c. Probably be revoked because of the con...

Nevada Real Estate Key Realty Exam Questions with 100% Correct Answers | Latest Version 2024 | Expert Verified | Ace the Test

CA Real Estate Principles Test Aceable Agent Question and answer already passed 2023In what code is the Real Estate Law found? Business and Professions Code Who does the Real Estate Commissioner Report to? The governor A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the broker owns the remaining shares. Is the division ownership acceptable or unacceptable? Acceptable A salesperson is part owner of Rollo Realty Inc. In the broker's absence, the s...

Superior School of Real Estate Exam (2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: What is the most important economic factor of real estate? Answer: The Concept of Situs Q: Highest and Best Use is Answer: the one single use that provides the greatest return and maximizes the value of the real estate Q: Land Use Controls are Answer: public, private and government Q: What are the 5 categories of real estate? Answer...

Solution Manual for Real Estate Finance And Investments 17th International Edition by Jeffrey Fisher William B. Brueggeman-Question 1-1 What is the difference between real property and personal property? Real property refers to the ownership rights associated with realty. Realty refers to land and all things permanently attached. Personal property refers to ownership rights associated with personalty. Personalty are all things, tangible, intangible that are movable. This includes all things...