Market va - Study guides, Class notes & Summaries

Mario's investment in a home in an older neighborhood is paying off now that the old post office next door has been converted to a recreational open space. correct answers Change Jane owns an empty warehouse. She's contemplating whether she stands to profit more by keeping the industrial property or converting it to residential condominiums. correct answers Highest and Best Use "Last year, we could have sold for $20,000 more, but there just aren't enough buyers in the current market,"...

California Real Estate License Exam 1 Questions and Answers 100% Pass 1.1. A title was recorded for a parcel of real property vested in the name of Johan Wilson, a single woman. After her marriage to William Roberts, she executed a deed to the property only in the name of Johan Roberts, a married woman. The discrepancy in the grantors name is: A. Valid if William Roberts agrees to it B. A defect on title that may cause title to be vested as tenants in common C. Immaterial if the property...

Functional obsolescence - Answer- Refers to the loss in desirability of the style, layout or function of an element of a property over time Sales comparison - Answer- best indicator of value for existing properties highest and best use - Answer- the legal use for property that gives the greatest return in money and/or amenities external obsolescence - Answer- the loss in value of a property caused by factors outside the property itself principle of contribution - Answer- suggests the...

1.1. A title was recorded for a parcel of real property vested in the name of Johan Wilson, a single woman. After her marriage to William Roberts, she executed a deed to the property only in the name of Johan Roberts, a married woman. The discrepancy in the grantors name is: A. Valid if William Roberts agrees to it B. A defect on title that may cause title to be vested as tenants in common C. Immaterial if the property is properly described D. A defect which may cause a cloud on the title ...

The Real Estate Settlement Procedures Act (RESPA) was enacted by Congress to provide each of the following EXCEPT a maximum level of closing costs In the event of mortgage default, FHA-insured loans provide protection for the lender Mortgagees are entitled to possession of mortgaged property upon default in states that recognize the concept of title theory The percentage of a borrower's gross monthly income required to meet monthly housing expenses (only) is called the mortga...

ASREB Exam Questions with 100% Correct Solutions Salesperson is working for a principal, but the salesperson exceeds authority in agreement. Principal does nothing to correct the actions, and the public is led to believe the actions were okay. Agency? - Correct Answer ️️ -Estoppel Amount stated in a purchase contract in case the buyer breaches is called: - Correct Answer ️️ -Liquidated In a sublease with a positive leasehold who benefits from excess rent? - Correct Answer ️️ -...

Texas Principles of Real Estate 2 (2023/ 2024) Exam | Guide with Verified Answers| 100% QUESTION Loan Origination Fee? Answer: The financing charge that a lender requires. QUESTION VA Loan? Correct Answer: A loan made to qualified veterans for the purchase of real property wherein the Department of Veteran's Affairs guarantees the lender payment of the mortgage. Guarenteed Loan. QUESTION FHA Loans? Answer: Insured. 203b, 203h, Rehab loa...

Medication Aide Pharmacology BasicsDEA - correct answer Drug Enforcement Administration federal agency regulates and enforces laws on drugs Schedule I-IV federal level schedule classification appropriate drugs FDA - correct answer Food Drug Administration federal agency determines manufacturer market its drug based on safety and efficiency data determines if generic drug therapeutically equivalent brand name drug ADR - correct answer Adverse Drug reaction chemical name - correct answe...

Xinnix Quiz Questions with 100% Correct Answers Ginnie Mae was wholly created to purchase government mortgages on the secondary market - Answer- false which of the following was not a reason The Federal Housing Administration (FHA) was created - Answer- to simplify mortgage forms match in order of creation - Answer- 1st-FNMA 2nd-GNMA 3rd-FHLMC match the following - Answer- FNMA-fannie mae FHLMC-Freddie Mac what allowed more conventional mortgages to be originated in the early 1970s wit...

CVA Practice exam 1. Which of the following is/are a purpose of a valuation? I. Income tax II. Divorce III. Corporate planning IV. Litigation V. Going-concern value VI. Fair market value: I, II, III, IV