Gold coast chapter 10 - Study guides, Class notes & Summaries

Gold Coast Chapter 13:questions with correct answers 100%Although there are a number of different methods for repaying a loan, there are only 3 types of mortgages: - correct answer FHA insured; VA guaranteed; And conventional. FHA insured mortgage loans: - correct answer The Federal Housing Administration (FHA) is a part of the U.S Department of Housing and Urban Development (HUD). ***The FHA DOES NOT make loans. Instead, it insures loans made by approved local lenders. The loan is fu...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...

Gold coast chapter 10which of the following best describes a contract for sale that contains a street address instead of a legal description? A. it is not valid under the statute of frauds b. It is valid only if witnessed c. It is valid, but may lead to Future dispute D. It is a violation of the code of ethics - correct answer C. It is valid, but may lead to a future dispute Which method of legal description uses compass bearings to indicate the direction of boundary lines? A. Lot a...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...

Gold coast chapter 10 correctly answered 2024/2025 which of the following best describes a contract for sale that contains a street address instead of a legal description? A. it is not valid under the statute of frauds b. It is valid only if witnessed c. It is valid, but may lead to Future dispute D. It is a violation of the code of ethics - correct answer C. It is valid, but may lead to a future dispute Which method of legal description uses compass bearings to indicate the directio...

Gold Coast Chapter 16________ is the amount that is actually paid in a real estate transaction Price ___a__ is the amount that remains after all assets of a business have been sold in a hurried, but not forced, sale and all liabilities have been paid. It is the vale of a ____b____ A. Liquidation value B. Failing business that is not expected to continue ____ is the value to a typical buyer and a typical seller. This is the most common type of value that is estimated by appraisers....

Gold coast chapter 15 questions with 100% Which of the following best describes the free enterprise system? A. A market system B. Centralized system c. Socialist system d. Communist system A. A market system All of the following statements apply to the real estate market, except: a. Situs value is value resulting from location B. Real estate is immobile C. Each parcel of real estate is unique D. The real estate market is national in nature D. The real estate market is national in nat...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...

Gold Coast chapter 10 questions n answers graded A+oldest method of land description and provides the most accurate type of legal description surveyors method/metes and bounds method the survey begins by giving directions from the monument to the edge of the property, which is called the point of beginning Page 171 a township contains a six-mile square and 36 square miles in the government survey method, a township is further subdivided into 36 sections the intersect...