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Exam- Colorado Real Estate Terms 100% Solved
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Exam- Colorado Real Estate Terms 100% Solved
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Exam- Colorado Real Estate Terms 100% SolvedThe rate of return an investor wants on an investment in the property is often called:.
Rate of Investment
Capitalization Rate
Yield
Reasonable Return Rate Correct Answer-Capitalization Rate
Addition to the land through natural causes, usually by a change in water flow
accession
acquisition
accretion
annexation Correct Answer-accretion
If a person lives in an apartment, and owns stock in the corporation possessing the
proprietary lease, this is known as a:
, Exam- Colorado Real Estate Terms 100% Solved
Condominium
Cooperative
time sharing
community property Correct Answer-Cooperative
The failure to perform provisions of a contract without a legal excuse is known as a(n):
termination of contract
exclusions
option
breach of contract Correct Answer-breach of contract
The illegal activity that occurs when competing brokers get together to set commission rates
is called:
price-fixing
group boycotts
redlining
blockbusting Correct Answer-price-fixing
, Exam- Colorado Real Estate Terms 100% Solved
The seller under a land contract is also known as:
the vendee
leasee
the vendor
leaser Correct Answer-the vendor
The type of survey system that is based on sets of intersecting lines, which are principal
meridians and base lines, is known as:
metes-and-bounds
government survey
lot-and-block system
anticipation Correct Answer-government survey
A court order that authorizes and directs the proper officer of the court to sell the property of
a defendant as required by the judgment or decree of the court is known as:
, Exam- Colorado Real Estate Terms 100% Solved
a writ of attachment
a writ of execution
constructive eviction
actual eviction Correct Answer-a writ of execution
The buyer's legal procedure to enforce a contract is:
Lis pendens
Specific performance
An attachment
An injunction Correct Answer-Specific performance
This illegal activity is a conspiracy to boycott a firm and drive it out of business. This is known
as:
price-fixing
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