Ordinance survey - Study guides, Revision notes & Summaries

Real Estate Appraisal: SAE Fundamentals 2023 Rated 100% Correct The appraisal process requires that the appraiser collect, record and verify -ANS- data on the region, city and neighborhood when choosing comparable sales for the sales comparison approach, property characteristics that should be identical or very similar to those of the subject property include the -ANS- size of lot & building, ager of building and type of construction, number and type of rooms one method of compensation ...

Ashton, an appraiser, is estimating value using the sales comparison approach. He applies more weight to two comparables over several others he used. What process is he utilizing? - answerCorrelation; Through a correlation process, the most weight may be given to one or two comparables, or equal weight may be given to all. The term reconciliation is often synonymous with correlation. Blake is allowed to use his property in a way that's prohibited under current zoning ordinances, because t...

RE License Test Questions and Answers Latest Update 2024/2025 Graded A+. Ashton, an appraiser, is estimating value using the sales comparison approach. He applies more weight to two comparables over several others he used. What process is he utilizing? - answerCorrelation; Through a correlation process, the most weight may be given to one or two comparables, or equal weight may be given to all. The term reconciliation is often synonymous with correlation. Blake is allowed to use his propert...

Give an example of a customary right which preceded any formal cadastral system. Correct Answer take tupuna - ancestry take raupatu - conquest take taunaha - discovery take tuku - gift What survey system was the NZ Cadastral system modelled on, and when did this take effect? Correct Answer Land Registration Ordinance modelled off Britain, and took effect in 1841. Name the 4 duties of Felton Matthew when he was appointed the first Surveyor-General of New Zealand in May 1841? Correct Answ...

Which statement provides the basic justification for zoning? A. There must be regulations in place to prevent pollution B. The government does not want to encourage land development C. The inappropriate use of one's property may affect the value of another D. Professional planners want to control development - Answer- C. The inappropriate use of one's property may affect the value of another What is the rationale behind government planning of real estate development? A. To manage futu...

Who is generally responsible for ensuring that the Closing Disclosure is delivered to the buyer no later than three business days before consummation? - ANSWER creditor What type of lien is one placed against any and all real and personal property owned by a particular debtor? - ANSWER general lien In a foreclosure suit, what gives public notice that a mortgaged property may soon have a judgment issued against it? - ANSWER Lis pendens What type of variance permits an applicant to vary o...

The period between 1860 and 1870 in the US saw the beginning of suburbanization, with the creation of small settlements beyond large cities. Which of the following cities exemplifies this early American suburbanization? a) Radburn, New Jersey b) Riverside, Illinois c) Lake Forest, Illinois correct answer: B Which system may be used for legal description purposes? a) US Government Survey b) Metes and Bounds c) Lot, block, and tract d) All of the above correct answer: D Fred French Co. v. ...

a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these D.) All of these The least important factor affecting demand for real estate is: A.) Population Growth...

Data complied by others, which may or may not have been directly obtained from the individual or populations being assessed, is known as: A. Secondary B. Primary C. Tertiary D. Internal - ANSWER-A. Secondary Sending a personally addressed letter advertising a new weight loss program is an example of: A. Tailoring B. Targeting C. Marketing D. Mass mailing - ANSWER-B. Targeting The health education specialist wishes to raise public awareness of an important health issue using su...

Colibri Real Estate Course Exam chapter 1 - 5 Exam Questions and Complete Solutions Fixture - Answer: What term describes a personal property item that has been converted to real property by attachment to real estate? Subsurface Rights - Answer: What rights apply to land beneath the surface of the real estate parcel extending from its surface boundaries downward to the center of the earth? Lateral Support - Answer: What refers to support provided by the adjacent property, such as a land...