Louisiana Real Estate Practice Exams (National) Questions and Correct Answers | Latest Update
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Course
Louisiana
Institution
Louisiana
Real property can be converted to personal property by:
-:- severance
Legal descriptions using the government survey system are NOT generally used in:
-:- the original 13 states
Although states make specific laws governing water rights and the rights in land that borders
water, most states ...
According to the principle of progression, a three-bedroom, one-story home is MOST likely
to bring the highest sales price if located in a neighborhood in which:
✓ -:- most homes are larger than the sale home
A formal appraisal will ALWAYS be REQUIRED when the:
✓ -:- lender wants to sell the mortgage to the secondary market
A competitive market analysis takes into consideration:
✓ -:- square footage of the subject property
When compiling a competitive market analysis, a broker would look for comparable
properties that:
✓ -:- were located near the property being listed
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