And puds - Study guides, Class notes & Summaries

In which of the following situations can you sell timeshares without a real estate license? correct answers When you're selling your own timeshare Which department typically decides which development projects require a permit or approval? correct answers Building department What's true of all appraiser license classifications in Minnesota? correct answers They must complete a 15-hour USPAP course. Which of these is Minnesota broker Nancy NOT required to retain for six years? corre...

19. The New York Court of Appeals case Golden v. Planning Board of Town of Ramapo (1972) resulted in an important decision in what area? a. Exclusionary housing b. Growth management c. "Takings" claims d. Environmental justice correct answer: B. Ramapo, NY established a growth management system that awarded points to development proposals based on the availability of public utilities, drainage facilities, parks, road access, and firehouses. 1. The Disaster Mitigation Act of 2000 requir...

Brokerage The business of bringing people together in Real Estate transaction Broker A person or company licensed to buy, sell, exchange, or lease real property Appraisal Process of developing opinion of a property market value based on established methods and the professional judgment Property Manger Person or Company hired to maintain and manage property on behalf of the property owner Home Inspection A profession that combines a practitioners interest in real estate with skills and traini...

WRA Pre Exam Review Questions And Answers (Verified And Updated) What rights to property come with ownership? - answerControl; Disposition; Quiet enjoyment; Encumber; Exclude; Possession. What form of ownership allows title to a deceased spouse's property to pass to the surviving spouse without probate? - answerSurvivorship marital property. A special form of joint tenancy with right of survivorship. Just for married people. What are some examples of encumbrances? - answerEasement; Liens...

Real Estate Finance Champions questions and answers 100% guaranteed success. Origination gg- g gcorrect ganswer. g g gThe gprocess gof gcreating ga gnew gmortgage gloan, gincluding gall gsteps gtaken gby ga glender gto gattract gand gqualify ga gborrower Credit greports gwill gbe gordered, gin gmost gcases gfrom gall gthree gmajor gnational gcredit greporting gagencies: g- g gcorrect ganswer. g g gExperian, gEquifax, gand gTransUnion Not gall gcreditors gwill greport gto gal...

Appraiser must perform by being: (4) Impartial or neutral, objective or fair minded, independent or autonomous, free of self interest Uncompetent Steps Inform the client about the identified issues before accepting assignment, complete steps to understand issues, disclose what actions were taken to gain the knowledge Land immobile, unique, finite supply, solid surface on earth, distinguished from water Suprasurface Rights right to undisturbed use and control of designate...

Florida Real Estate License Exam Study Guide Solutions client specialization - ANSWER-working exclusively with buyers or sellers property type specialization - ANSWER-residential, commercial, agricultural, etc type of transaction specialization - ANSWER-sales agent, leasing agent, short sales buyer or seller, REO specialist, property manager, etc geographical area specialization - ANSWER-a neighborhood specialist, for example type of relationship specialization - ANSWER-a fee based consul...

Net worth - answer-Assets (own) - Liabilities (owe) = Net Worth Personal finance plan - answer-Reasons to develop a __________: - Achieve your financial goals - Achieve financial independence - Invest intelligently - Minimize your payments to Uncle Sam - Cover your assets The Personal Financial Planning Process - answer-Step 1: Awareness and Setting Financial Goals Step 2: Creating and Activating Plans Step 3: Evaluating and Revising Plans: Moving forward Step 1: Awareness ...

URAR is the acronym for: 1. Uniform Residential Appraisal Report 2. Uniform Real Estate Appraisal Report 3. Universal Residential Appraisal Report - ANSWER-Correct answer is: 1 Uniform Residential Appraisal Report PR is the generally accepted acronym for: 1. Premium Title Report 2. Present Time Reclamation Association 3. Preliminary Title Report 4. Preliminary Tax Report - ANSWER-Correct answer is: 3 Preliminary Title Report PMI is the acronym for : 1. Preliminary Mortgage Invest...

What rights to property come with ownership? - Control; Disposition; Quiet enjoyment; Encumber; Exclude; Possession. What form of ownership allows title to a deceased spouse's property to pass to the surviving spouse without probate? - Survivorship marital property. A special form of joint tenancy with right of survivorship. Just for married people. What are some examples of encumbrances? - Easement; Liens; Encroachments; Property taxes and Special assessments. What type of interest is...