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[Show more]CALIFORNIA REAL ESTATE COMPLETE COMPILATION BUNDLE!!
[Show more]An appraiser's definition of "Value" would be: 
 
a. present worth of all rights to future benefits arising out of ownership. 
b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. 
d. all of the above. 
d....
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Add to cartAn appraiser's definition of "Value" would be: 
 
a. present worth of all rights to future benefits arising out of ownership. 
b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. 
d. all of the above. 
d....
In reference to Property Taxes, "basis" or "cost" is 
Purchase price of prop plus cost of improvements. 
 
 
 
How is a condominium unit owned? 
Separate interest 
 
 
 
 
 
 
00:03 
 
01:17 
How are common interests in a condo owned? 
Equally in undivided interest 
 
 
 
Subdivided Land Laws re...
Preview 4 out of 51 pages
Add to cartIn reference to Property Taxes, "basis" or "cost" is 
Purchase price of prop plus cost of improvements. 
 
 
 
How is a condominium unit owned? 
Separate interest 
 
 
 
 
 
 
00:03 
 
01:17 
How are common interests in a condo owned? 
Equally in undivided interest 
 
 
 
Subdivided Land Laws re...
In reference to Property Taxes, "basis" or "cost" is 
Purchase price of prop plus cost of improvements. 
 
 
 
How is a condominium unit owned? 
Separate interest 
 
 
 
 
 
 
00:03 
 
01:17 
How are common interests in a condo owned? 
Equally in undivided interest 
 
 
 
Subdivided Land Laws re...
Preview 4 out of 51 pages
Add to cartIn reference to Property Taxes, "basis" or "cost" is 
Purchase price of prop plus cost of improvements. 
 
 
 
How is a condominium unit owned? 
Separate interest 
 
 
 
 
 
 
00:03 
 
01:17 
How are common interests in a condo owned? 
Equally in undivided interest 
 
 
 
Subdivided Land Laws re...
Two friends hold title as joint tenants. One borrowed money and executed a deed of trust against the property. In terms of affecting title this action could: 
Place the beneficiary in a precarious position should the borrower die before the debt is paid. 
 
 
 
Joint tenant estate held by two joint ...
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Add to cartTwo friends hold title as joint tenants. One borrowed money and executed a deed of trust against the property. In terms of affecting title this action could: 
Place the beneficiary in a precarious position should the borrower die before the debt is paid. 
 
 
 
Joint tenant estate held by two joint ...
Using time-management to increase income, you should realize that 
doubling "A" time activities should double your income. 
 
 
 
What are the advantages of a good time-management program? 
Improved efficiency 
Increased income 
A release from time pressures 
 
 
 
 
 
 
00:11 
 
01:17 
One of the...
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Add to cartUsing time-management to increase income, you should realize that 
doubling "A" time activities should double your income. 
 
 
 
What are the advantages of a good time-management program? 
Improved efficiency 
Increased income 
A release from time pressures 
 
 
 
 
 
 
00:11 
 
01:17 
One of the...
How many square feet in one acre? 
There are 43,560 square feet in an acre 
 
 
 
Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? 
$332,600 
 
To solve t...
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Add to cartHow many square feet in one acre? 
There are 43,560 square feet in an acre 
 
 
 
Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? 
$332,600 
 
To solve t...
When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: 
Actual Fraud 
 
 
 
A fee simple estate is: ...
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Add to cartWhen agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: 
Actual Fraud 
 
 
 
A fee simple estate is: ...
Which of the following is most vital or important in planning a subdivision: 
Market Analysis 
 
 
 
When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: 
Percentage Lease 
 
 
 
 
 
 
00:02 
 
01:17 
What is not an adequate method of transfe...
Preview 4 out of 51 pages
Add to cartWhich of the following is most vital or important in planning a subdivision: 
Market Analysis 
 
 
 
When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: 
Percentage Lease 
 
 
 
 
 
 
00:02 
 
01:17 
What is not an adequate method of transfe...
1.1. A title was recorded for a parcel of real property vested in the name of Johan Wilson, a single woman. After her marriage to William Roberts, she executed a deed to the property only in the name of Johan Roberts, a married woman. The discrepancy in the grantors name is: 
 
A. Valid if William R...
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Add to cart1.1. A title was recorded for a parcel of real property vested in the name of Johan Wilson, a single woman. After her marriage to William Roberts, she executed a deed to the property only in the name of Johan Roberts, a married woman. The discrepancy in the grantors name is: 
 
A. Valid if William R...
All of the following are ways by which an offer to purchase real estate would be terminate, except 
Failure to communicate notice of revocation before the other party has communicated his or her acceptance 
 
 
 
When using their closing statement, escrow would debit the seller of income property fo...
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Add to cartAll of the following are ways by which an offer to purchase real estate would be terminate, except 
Failure to communicate notice of revocation before the other party has communicated his or her acceptance 
 
 
 
When using their closing statement, escrow would debit the seller of income property fo...
Title Types 
... 
 
 
 
M.A.R.I.A. 
IS PROPERTY REAL OR PERSONAL: 
-Method of Attachment (or Annexation) - How the item is attached to the property (a window air-conditioner (personal) vs. a central air conditioning unit (appurtenance). 
-Adaptability - A microwave oven that is "built in" vs. a mi...
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Add to cartTitle Types 
... 
 
 
 
M.A.R.I.A. 
IS PROPERTY REAL OR PERSONAL: 
-Method of Attachment (or Annexation) - How the item is attached to the property (a window air-conditioner (personal) vs. a central air conditioning unit (appurtenance). 
-Adaptability - A microwave oven that is "built in" vs. a mi...
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