Cooperative time share - Study guides, Class notes & Summaries

Florida Community Association Manager Prelicensure Course Exam Questions And Answers After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 - ANS C. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occupy a un...

Florida Real Estate Exam Questions With 100% Verified Answers. Samuel wants to do a 1031 exchange. He sold his investment property and has identified the property he'd like to buy next. Within how many days must he close on this property in order for it to qualify as part of the exchange? - answera. 180 b. 30 c.45 d.60 a. He has 45 days to identify a property he would like to purchase and 180 days to close on it, from time of sale. In which form of co-ownership is a person's ownershi...

Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+ A corporation is - Answer ️️ -a legal entity that can buy and sell real estate as set out in its charter. Ownership in severalty is - Answer ️️ -property owned by one individual or corporation. A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells that interest to a new owner. The result is a - Answer ️️ -tenancy in common between the new owner and the remaining joint t...

CompuCram Real Estate Quiz 1 correctly answered to pass 2023 Cooperative Time Share - correct answer A buyer is considering purchasing an interest in a time share. The buyer is offered the right to buy stock in a corporation that owns the property; he will receive a lease of its units for his time share interest. This is a: Special assessment tax - correct answer A tax levy on real property for government improvements (i.e. curbs, sewers and sidewalks) is known as: Means "runs with the la...

being licensed under part VIII of chapter 468 F.S. means - ️️you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners - ️️limited common elements property owned by all owners in a condominium - ️️the common elements a maintenance coordinator must... - ️️be licensed as a community association manager and is not exempt the condominium concept is made up of... - ...

Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+ A corporation is - Answer ️️ -a legal entity that can buy and sell real estate as set out in its charter. Ownership in severalty is - Answer ️️ -property owned by one individual or corporation. A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells that interest to a new owner. The result is a - Answer ️️ -tenancy in common between the new owner and the remaining joint t...

being licensed under part VIII of chapter 468 F.S. means - Answer- you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners - Answer- limited common elements property owned by all owners in a condominium - Answer- the common elements a maintenance coordinator must... - Answer- be licensed as a community association manager and is not exempt the condominium concept is made up ...

Texas SAE: Real Estate Appraisal Exam review with Complete Solutions | Verified & Updated Transferability - Answer ️️ -Which value-influencing DUST factor addresses the ease with which the property can be conveyed to another? Present index ÷ Index at time of construction x Original cost = Present cost To arrive at the present cost, the appraiser applies a factor that represents the costs of construction over time up to the appraisal date (present index ÷ index at time of construction...

Which of the following people involved in a real estate transaction are "Principal to a transaction" according to Virginia real estate law? Selling broker buyer Listing broker appraiser - ANSWER-buyer A person or business entity who for compensation, sells or offers for sale, units or interest in condominiums, cooperative interests, or time-shares in a time-share program, describes a supervising broker real estate salesperson. real estate broker affiliate broker. - ANSWER-real...

Community Association Manager Licensing Questions And Answers Well Illustrated. Community Association (Definition) - correct answer. a residential homeowners' association in which membership is a condition of ownership (mandatory) of a unit in a planned unit development, or of a lot for a home or a mobile home, or of a townhouse, villa, condominium, cooperative, or other residential unit which is part of a residential development scheme and which is authorized to impose a fee (...