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Exam (elaborations)

Real estate Investments / champions Exam Study Guide Solutions

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  • Course
  • Champions Real Estate
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  • Champions Real Estate

Real estate Investments / champions Exam Study Guide Solutions if you are holding undeveloped land, your goal as an investment is: - ANSWER-appreciation land is referred to as _____ because it can be seen touched - ANSWER-tangible Formaldehyde gas is: - ANSWER-Colorless Local governments can u...

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  • October 30, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Champions Real Estate
  • Champions Real Estate
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Emillect
©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




Real estate Investments / champions

Exam Study Guide Solutions


if you are holding undeveloped land, your goal as an investment is: - ANSWER✔✔-appreciation


land is referred to as _____ because it can be seen touched - ANSWER✔✔-tangible


Formaldehyde gas is: - ANSWER✔✔-Colorless


Local governments can use which of the following to enforce subdivision requirements? - ANSWER✔✔-

Police Power


The time limitation on deed restrictions is typically __________ due to changes that render the original


restriction irrelevant. - ANSWER✔✔-25-35 years


Which of the following is a rating used for investment opportunities? - ANSWER✔✔-All of these are

ratings used for investment opportunities


Which phase assessment defines the steps needed to clean up contaminated areas of a property? -

ANSWER✔✔-Phase III Assessment




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, ©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




The ________, authorized in 1954, was the first program of Urban Planning Assistance - ANSWER✔✔-

Subdivision Act


Which of the following are potentially responsible parties for clean-up costs of an environmental

problem? - ANSWER✔✔-The party who transported the waste


The right of ___________ includes the right to sell or mortgage property and the right to determine the


duration of the ownership term. - ANSWER✔✔-Disposition


from which country's laws did community property stem? - ANSWER✔✔-Spain


A ______ is a written instrument by which a grantor conveys an ownership interest in real property to a


grantee - ANSWER✔✔-Deed


Which of the following would be considered a trade fixture? - ANSWER✔✔-Dentist Chair


In a lease, the landlord is referred to as the __________. - ANSWER✔✔-Lessor


The lessee in a lease agreement is also known as the ________ - ANSWER✔✔-Tenant


_____________ compensates a seller for taking a property off the market for an extended period of time

- ANSWER✔✔-Earnest Money




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