REAE 3325 - Exam 1 with Complete
Questions and Answers 100% Verified
Real estate values are determined by interactions in: - ANSWER-User markets.
Capital markets
Property markets.
All of these are correct.
All of these are correct
According to the text, the user market is not highly segmented because the entire
market is dependent on interest rates and those do not vary much on a national basis. -
ANSWER-False
According to the lecture, real estate can be described as: - ANSWER-Land and things
attached to it.
All of these are correct.
An industry or a profession.
A bundle of rights.
All of these are correct
Due to online data and sources such as Google, the real estate market can be classified
as being highly informationally efficient. - ANSWER-True
An acre consists of __________ square feet. - ANSWER-43,560
A __________ deed makes no covenants or assertions about grantor's interest -
ANSWER-Quitclaim
Almost no personal or household wealth in the United States is derived from housing
equity. - ANSWER-False
The ____ market is also called the "space" or "rental" market. - ANSWER-User
Cash flows in the property market generally derive from: - ANSWER-leasing space to
tenants
According the lecture, lease is an example of tangible property because it in writing. -
ANSWER-False
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