Real Estate 306 Exam 1; Questions and Answers 100% Correct
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Course
Real Estate 306
Institution
Real Estate 306
Real Estate 306 Exam 1; Questions and
Answers 100% Correct
A market value where tenants negotiate rent and other terms with property owners or their
managers is referred to as a :
a. property market
b. user market
c. housing market
d. capital market Correct answer-b. user market
Real Estate 306 Exam 1; Questions and
Answers 100% Correct
A market value where tenants negotiate rent and other terms with property owners or their
managers is referred to as a :
a. property market
b. user market
c. housing market
d. capital market Correct answer-b. user market
The market in which required rates of return on available investment opportunities are
determined is referred to as the :
a. property market
b. user market
c. housing market
d. capital market Correct answer-d. capital market
The actions of local, state, and federal governments affect real estate values:
a. primarily through user markets
b. primarily through the capital markets
c. primarily through their taxation policies
, Real Estate 306 Exam 1; Questions and
Answers 100% Correct
d. Through all of the above Correct answer-d. through all of the above
What portion of households owns their house:
a. 1/3
b. 2/3
c. 1/2
d. 1/4 Correct answer-b. 2/3
Of the following asset categories, which has the greatest aggregate market value?
a. corporate equities
b. mortgage debt
c. government debt
d. nongovernment real estate Correct answer-d. nongovernment real estate
What is the single largest asset category in the portfolio of a typical US household?
a. housing
b. consumer durables
c. stocks
, Real Estate 306 Exam 1; Questions and
Answers 100% Correct
d. bonds Correct answer-a. housing
Real estate markets differ from other asset classes by having all of the following characteristics
except:
a. local market
b. high transaction costs
c. segmented market
d. homogenous product Correct answer-d. homogenous product
Which of the following is not important to the location of commercial properties?
a. access to customers
b. visibility
c. access to schools
d. availability of communications infrastructure Correct answer-c. access to schools
Which of the following attributes of a home are the most difficult to observe and value?
a. land/siste
b. structural
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