Ad valorem tax state or - Study guides, Class notes & Summaries

Certified Pennsylvania Evaluator (CPE) Exam Questions And Answers Latest Updated | Rated A+. Assessor - Correct Answer-Any person responsible for the valuation of real property for ad valorum taxation purposes Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, Valuing Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in Exchange An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all taxing authorities ...

Principles of Real Estate Questions With Correct Answers. They limit consumer choice. Why are antitrust activities illegal? No, because the buyer's consideration is promise to buy. In a purchase offer, is earnest money required to have a binding contract? Yes, Sarah can require that Robert fulfill the contract terms. Robert and Sarah enter into a contract for Sarah to purchase Robert's home. Robert decides he doesn't ant to sell and is elated when he finds out that Sarah's onl...

Principles of Real Estate Questions With Correct Answers. They limit consumer choice. Why are antitrust activities illegal? No, because the buyer's consideration is promise to buy. In a purchase offer, is earnest money required to have a binding contract? Yes, Sarah can require that Robert fulfill the contract terms. Robert and Sarah enter into a contract for Sarah to purchase Robert's home. Robert decides he doesn't ant to sell and is elated when he finds out that Sarah's onl...

Champions Real Estate Principles of Real Estate 1 in 2024 Already Graded A brokerage A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships Real Estate Development Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. immobility It's a physical characteristic of land that cannot be moved The demand for real estate is affected b...

Which statute governs the ad valorem taxation of property? A. Machinery Act B. General Statute C. The Ad Valorem Act D. Real Estate Taxation Act - ANSWER A. Machinery Act This act provides a framework for listing, appraising, and assessing real and personal property Which type of valuation technique applies a standard percentage increase or decrease to all property in a specified location? A. Valuation B. County appraisal C. Mass appraisal D. There is no such appraisal - ANSWE...

SIE exam caril: complete study guide Q-bank answered latest spring 2023. What type of risk is unique to a specific industry, business enterprise, or investment type? - Under which of the following circumstances is an investor in a position to acquire stock? - Options- a premium - Options- strike price A customer believes that ABC's price will go up but does not have the money to buy 100 shares right now. How could the customer use options to profit from an increase in the sto...

FHCE 3200 Exam 2 Questions and Answers 100% Pass capital asset - Answer- -almost everything you own or use for personal or investment purposes --your home --your car --investment like stocks, bonds, and mutual funds --ownership interest in small business you started --rental or other real estate you own basis - Answer- the price you pay, when you buy a capital asset capital gain - Answer- if you sell the asset for more than you paid for it capital loss - Answer- if you sell the asset ...

NC Real Estate Exam Study Guide with 1005 Correct Answers |Graded A+| Which statute governs the ad valorem taxation of property? A. Machinery Act B. General Statute C. The Ad Valorem Act D. Real Estate Taxation Act *Ans* A. Machinery Act This act provides a framework for listing, appraising, and assessing real and personal property Which type of valuation technique applies a standard percentage increase or decrease to all property in a specified location? A. Valuation B. County a...

Abstract of Title A summary and certification by the abstractor of the history of the title to property form the original grant through all subsequent conveyances. Acceleration Clause The clause in a mortgage or deed o trust that can be enforced making the entire debt due immediately upon default of the borrower. Acceptance The expression of the intention of the person receiving an offer (offeree, usually the seller) to be bound by the terms of the offer. Accession Obtai...

Certified Pennsylvania Evaluator Questions With Verified Solutions. How often must you be recertified? -Answer-2 Years How many hours of continuing ed must you receive to be recertified? -Answer-28 Hours How many hours are mandated? -Answer-9 Hours When does a recertification cycle start? -Answer-July 1st of every odd numbered year Break down the mandated hours. -Answer-7 hours USPAP and 2 Hours of Act 28 What does USPAP stand for? -Answer-Uniform Standards of Professional Appraisal Pract...