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[Show more]been a reason why cities developed Except - 
answerThe availability of top entertainers 
The set of activities that a city provides for the world beyond its boundaries is called: - 
answerEconomic Base 
The bid-rent curve is influenced by various factors but NOT : - answermale vs. female 
commuters ...
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Add to cartbeen a reason why cities developed Except - 
answerThe availability of top entertainers 
The set of activities that a city provides for the world beyond its boundaries is called: - 
answerEconomic Base 
The bid-rent curve is influenced by various factors but NOT : - answermale vs. female 
commuters ...
the role of Real Estate in our economy except: - 
answerReal Estate generates only 20% of local government revenue (property tax). 
Real Estate as a tangible asset includes all of the following except: - answerA mortgage 
Approximately what portion of U.S. households owns their own home? - 
answerAp...
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Add to cartthe role of Real Estate in our economy except: - 
answerReal Estate generates only 20% of local government revenue (property tax). 
Real Estate as a tangible asset includes all of the following except: - answerA mortgage 
Approximately what portion of U.S. households owns their own home? - 
answerAp...
©THEBRIGHTSTARS 2024 
REE 3043 EXAM 1 Questions With Revised 
Answers 
When viewed as a tangible asset, real estate can be defined as the land and its permanent 
improvements. Improvements on the land include: 
a. fences 
b. sewer systems 
c. walkways 
d. streets - answerfences 
Real estate is prop...
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Add to cart©THEBRIGHTSTARS 2024 
REE 3043 EXAM 1 Questions With Revised 
Answers 
When viewed as a tangible asset, real estate can be defined as the land and its permanent 
improvements. Improvements on the land include: 
a. fences 
b. sewer systems 
c. walkways 
d. streets - answerfences 
Real estate is prop...
REE 3043 Exam 1 Questions With Revised 
Answers 
Which methods does the federal government use to influence the real estate market? - 
answerincome tax incentives, fair housing laws, granting housing subsidies 
The term "real estate" is used in three fundamental ways. These include all of the foll...
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Add to cartREE 3043 Exam 1 Questions With Revised 
Answers 
Which methods does the federal government use to influence the real estate market? - 
answerincome tax incentives, fair housing laws, granting housing subsidies 
The term "real estate" is used in three fundamental ways. These include all of the foll...
REE 3043 Exam Questions With Revised 
Answers 
Fully Amortized Mortgage - answerPeriodic payments that are sufficient enough to cover the 
entirety of the loan and the entirety of the interest by the end of the term 
Interest only loan - answerMaking payments toward only the interest during the dura...
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Add to cartREE 3043 Exam Questions With Revised 
Answers 
Fully Amortized Mortgage - answerPeriodic payments that are sufficient enough to cover the 
entirety of the loan and the entirety of the interest by the end of the term 
Interest only loan - answerMaking payments toward only the interest during the dura...
REE 3043 Exam Questions With Revised 
Answers 
Immovable possesions - answerrealty 
moveable possessions - answerpersonalty or chattel 
residential real estate - answerone-to-four unit properties suitable for dwelling use 
commercial real estate - answerall real estate other than resedential 
class ...
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Add to cartREE 3043 Exam Questions With Revised 
Answers 
Immovable possesions - answerrealty 
moveable possessions - answerpersonalty or chattel 
residential real estate - answerone-to-four unit properties suitable for dwelling use 
commercial real estate - answerall real estate other than resedential 
class ...
t land, labor, and credit were the resources of society that 
were combined by entrepreneurs to form useful products - answerFALSE 
The resources combined to form useful products in society are land, labor, and capital. 
©THEBRIGHTSTARS 2024 
T/F: Alfred Marshall, an economist, argued that value re...
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Add to cartt land, labor, and credit were the resources of society that 
were combined by entrepreneurs to form useful products - answerFALSE 
The resources combined to form useful products in society are land, labor, and capital. 
©THEBRIGHTSTARS 2024 
T/F: Alfred Marshall, an economist, argued that value re...
©THEBRIGHTSTARS 2024 
REE 3043 Exam Study Guide. 
Portfolio Manager - answerAdvise. Asset acquisition, renovation, sale decisions affect 
owner's portfolio. 
Asset Manager - answerAnalyze. 
Advise. Asset acquisition, renovation, sale decisions affect owner's portfolio affect asset's price 
or ex...
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Add to cart©THEBRIGHTSTARS 2024 
REE 3043 Exam Study Guide. 
Portfolio Manager - answerAdvise. Asset acquisition, renovation, sale decisions affect 
owner's portfolio. 
Asset Manager - answerAnalyze. 
Advise. Asset acquisition, renovation, sale decisions affect owner's portfolio affect asset's price 
or ex...
REE 3043 Chapter 4 Exam Questions With 
Revised Answers 
Special assessments are levied to pay for specific improvements that benefit a particular group of 
properties. All of the following characteristics of special assessments are true EXCEPT: 
-they are considered ad valorem taxes. 
-they are app...
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Add to cartREE 3043 Chapter 4 Exam Questions With 
Revised Answers 
Special assessments are levied to pay for specific improvements that benefit a particular group of 
properties. All of the following characteristics of special assessments are true EXCEPT: 
-they are considered ad valorem taxes. 
-they are app...
REE 3043 Final Exam Questions With 
Revised Answers 
What is ARMS - answeradjustable rate mortgages 
ARMS features - answer- initial teaser rate 
- initial adjustment period 
- adjustment interval (1 year is most common) 
Fully indexed rate - answerIndex plus Margin 
Capped rate - answerInitial plus...
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Add to cartREE 3043 Final Exam Questions With 
Revised Answers 
What is ARMS - answeradjustable rate mortgages 
ARMS features - answer- initial teaser rate 
- initial adjustment period 
- adjustment interval (1 year is most common) 
Fully indexed rate - answerIndex plus Margin 
Capped rate - answerInitial plus...
REE 3043 Exam 1 Questions With Revised 
Answers 
Chapter 1: Real Estate Perspectives 
Scarcity - answerEconomists suggest that the value of something results from its utility and? 
a. usefulness 
b. demand 
c. price 
d. scarcity 
Urban economics - answerA branch of economics that extends the basic i...
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Add to cartREE 3043 Exam 1 Questions With Revised 
Answers 
Chapter 1: Real Estate Perspectives 
Scarcity - answerEconomists suggest that the value of something results from its utility and? 
a. usefulness 
b. demand 
c. price 
d. scarcity 
Urban economics - answerA branch of economics that extends the basic i...
REE 3043 Exam 1 Questions With Revised 
Answers 
The "gravity" that draws economic activity into clusters is: - answerdemand for access or 
proximity. 
The best example of a base economic activity would be a: - answerregional sales office. 
Which of these are true about agglomeration economies? - ...
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Add to cartREE 3043 Exam 1 Questions With Revised 
Answers 
The "gravity" that draws economic activity into clusters is: - answerdemand for access or 
proximity. 
The best example of a base economic activity would be a: - answerregional sales office. 
Which of these are true about agglomeration economies? - ...
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