As valorem - Study guides, Class notes & Summaries

NATIONAL REAL ESTATE EXAM PRACTICE TEST ALREADY PASSED In most cases, broker compensation, as a percentage of home price, falls somewhere between: 5-7% A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the federal Fair Housing Act, is this legal? Yes. Religious organizations which rent to tenants for residential purposes are exempt from the Fair Housing Act What happens to trade fixtures after a business moves out of a leased property? The tenant remo...

100. Specific tariffs are: a. Levied as a proportion of the value of the imported good. b. Levied as a fixed charge for each unit of a good imported. c. In the form of manufacturing or production requirements of goods. d. Government payment to domestic producers. : B All of the following are true of tariffs except: A. They reduce the revenue for the government. B. They can be levied as a proportion of the value of the imported good. C. They can be levied as a fixed charge for each unit ...

Champions School Principles of Real Estate II Latest Update Graded A+ Appraisal An Appraiser's opinion of value Principle of conformity Suggests that value is maximized when there is reasonable degree of homogeneity, or sameness, in a neighborhood USPAP Uniform Standards of Professional Appraisal Practice Uniform Standards of Professional Appraisal Practice Standards that have been established by the Appraisal Standards Board of the Appraisal Foundation Ad Valorem According to...

NC (North Carolina State) Real Estate Exam/ 40+ Qs with Answers & Rationales/ . 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 - Answer: C. Mass Appraisal This is a valuation technique that is sometimes used for tax assessment purposes. It is also referred to as a horizontal adjustment. Which statute governs the ad valor...

Certified Pennsylvania Evaluator (CPE) Exam Questions And Answers Latest Updated | Rated A+. 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 In order for an assessor to accomplish the task of discovering property, the assessor needs what? - Correct Answer-An ...

100. Specific tariffs are: a. Levied as a proportion of the value of the imported good. b. Levied as a fixed charge for each unit of a good imported. c. In the form of manufacturing or production requirements of goods. d. Government payment to domestic producers. - ️️B All of the following are true of tariffs except: A. They reduce the revenue for the government. B. They can be levied as a proportion of the value of the imported good. C. They can be levied as a fixed charge for eac...

CBRE FSG Glossary of Real Estate Exam Questions & Answers 2024/2025 1031 Exchange - ANSWERSSection 1031 of the Internal Revenue Code permits like-kind property used in trade or business, or held as an investment, to be exchanged for other similar property tax-free. Abatement - ANSWERSA reduction or decrease; usually applies to the forgiveness of rent or a decrease of assessed valuation of ad valorem taxes after the assessment and levy. Above Building Standard - ANSWERSSpecialized desi...

SIE Latest Update with Verified Solutions What is an Income Bond, and when is it typically utilized? An Income Bond, also known as an adjustment bond, is an unsecured type of bond that is commonly issued during a company’s restructuring process. What are the different maturity options for debt securities? Debt securities can be categorized into three main types of maturities: serial, balloon, and term. Can you explain the concept of a Limited Partnership? A Limited Partnership invo...

Certified Pennsylvania Evaluator (CPE) Exam Questions With Correct Answers Latest Updated Rated A+. 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 In order for an assessor to accomplish the task of discovering property, the assessor needs what? - Correct Ans...

NC Paralegal Certification Exam Latest 2024 Graded A+ acceptance in contract law, the offeree's indication to the offeror that the offeree agrees to be bound by the terms of the offeror's offer or proposal for a contract acquittal a certification of declaration following a trial that the individual accused of a crime is innocent, or free from guilt, in the eyes of the law and is thus absolved of the charges. actionable capable of serving as the basis of a lawsuit. an actionable c...