Substitution rule - Study guides, Class notes & Summaries

Indirect methods of measuring depreciation - Answer- -Sales comparison (Market Extraction) -Capitalization of income method Financing - Answer- The first adjustment in the sales comparison approach is Sales Comparison Approach - Answer- A fundamental strength in this approach is that it reflects the actions of the marketplace as well as what by buyers & sellers are actually doing doing and paying. -Consumer tastes/preferences -Consumer income -Price of related commodities -Consumer ...

RECA Fundamentals Exam Questions and Answers Already Passed Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) Which of the following will occur to the supply of a good when ther...

National Real Estate Exam - Guide to Pearson Vue Book, Question sections coverage. Rated A+. Verified. An estate for years - -The phrase definite duration refers to: A periodic tenancy - -A lease that automatically renews itself, in the absence of notice, is: $66,666 - -A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 Signed by the grantor - -A requirement of a valid deed is that the deed be: The Truth In Lending...

NPTE Vex/Cave Rule for capitate, lunate, scaphoid and triquetrum? ANSWER- Vex=Opp Loose packed position for GH Joint? ANSWER- 50-70 Deg Abd, 35 Deg Horz Abd Loose packed position for Humeroulnar joint ? ANSWER- 70 deg flex, 10 deg Sup Loose packed Position for Proximal Radioulnar Joint? ANSWER- Full Ext 35 deg Sup Loose packed Position for Distal Radioulnar Joint? ANSWER- 10 deg sup Vex/Cave Rule for Navicular, Cuneiform? ANSWER- Vex=opp Vex/Cave Rule for Cuboid and Calcaneu...

A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - correct answer Periodic tenancy Physical land and everything attached to it is called - correct answer Real Estate Equipment a tenant installs for use in his or her business is called - correct answer Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial compos...

ASA BV 201 | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Principle of Substitution - Answer -a prudent buyer will pay no more for a property than it would cost to acquire a substitute property with the same utility How is a Fairness Opinion different than a FMV? - Answer -A Fairness Opinion goes further than a FMV by assessing whether a transaction is fair between all ownership entities. It also serves as an insurance policy for the transacting parties. Which tw...

A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - correct answers--Periodic tenancy Physical land and everything attached to it is called - correct answers--Real Estate Equipment a tenant installs for use in his or her business is called - correct answers--Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial com...

EDPNA Exam | 60 Questions with Complete Solutions 100% Correct. The practice items for the Social Security Administration Direct Payment to Non-Attorney Representatives Examination are available below. These items are for practice purposes only and will not appear on the actual examination. All names used in these practice items are purely fictional and do not apply to any real claimants or any other individual. The items are multiple choice and there is only 1 correct answer for each quest...

A "Rule" that says an informed buyer will not pay more for one home than a comparable one is - Substitution A borrower pays off his loan. However, the lender refuses to cancel the mortgage. Which of the following clauses of a mortgage has the lender violated? - Defeasance clause (A defeasance clause states that when the loan is paid, the mortgage is void. The bank's failure to cancel the mortgage of record is a violation of this clause. The habendum clause is the "to have and to hold" ...

A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a CORRECT ANSWER Periodic tenancy Physical land and everything attached to it is called CORRECT ANSWER Real Estate Equipment a tenant installs for use in his or her business is called CORRECT ANSWER Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial composition of the...