Personal lines everything - Study guides, Class notes & Summaries

ad valorem - Answer- According to Value The basic responsibilities of an Appraiser to all taxable property. - Answer- 1. Discovery 2. Listing 3. Valuation The taxable location of personal property is referred to as its' - Answer- Situs The type of value usually estimated by an Appraiser is the - Answer- Market Value The effective tax rate reflects the ratio between what - Answer- The current tax bill and the property value Assessment level times the tax rate equals - Answer- Th...

Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023 Assessor - Correct Answer-Any person responsible for the valuation of real property for ad valorum taxation purposes Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, Valuing Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in Exchange An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all taxing authorities In order for an asses...

If a company cancels an auto policy mid term, the refund will be made on a. pro rata basis b. short rate basis c. retroactive basis d. coinsurance basis Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period ? a. cancellation b. nonrenewal c. separation d. exclusion Nonrenewal Which is the best example of an indirect loss ? a. sequential loss b. liability loss c. employee theft d. loss of use Loss o...

NRF Customer service exam study guide_ Questions/Answers 2022-23. A good reason for creating an opening for discussion is to: • Break down the customer's sales resistance • Convince the customer how much you know about the product • Get to know what the customer wants A new customer comes into your department, but you are helping another customer. You should: • Focus all your attention on your current customer • Let the new customer wait his turn until you have complet...

Test Bank for Psychology Themes and Variations, 6th Canadian Edition By Doug McCann Name: Class: Date: Chapter 1 - The Evolution of Psychology Copyright Cengage Learning. Powered by Cognero. Page 1 Multiple Choice 1. The term “psychology” comes from the Greek words psyche and logos. What does logos mean? a. the study of a subject b. the soul c. logic d. discipline ANSWER: a 2. Psychological research is sometimes distorted or grossly simplified in media coverage, leading to misinformation or ...

Real Property Land and everything permanently attached to it (Includes that someone can own it) Chattle an item of personal, movable property. fixture An item of personal property that has been converted to real property by being permanently affixed to the realty. Trade Fixture Fixtures and equipment that may be attached to a building during a tenant's occupancy, with the intention that they be removed when the tenant leaves Turning real property into personal pr...

Principles and Practices of Hawaiian Real Estate Exam Questions and Answers 100% pass All of the following are synonymous with land improvements and rights therein except: A) Real estate B) Real property C) Realtor D) Realty - Correct Answer ️️ -C In real estate, the term "improvements" most nearly means: A) Fences, wells, drains and roadways B) Additions to the original structure C) Everything tangible except the land D) Outbuildings - Correct Answer ️️ -C The right of ow...

BLAW 3391 Pleasant Test 2 Exam Questions And Answers (Verified And Updated) What is real property? -Land and everything attached. -Law states land is owned to the center of the earth. What is a fixture? -Part of the land (ex. trees) How can real property become personal property? -Removal from land. -(ex. apple from a tree). How can personal property become real property? -Planted into land. -(ex. planted shrubbery or lumber used to erect building). Subterrane...

Bucket Truck Questions and Answers Already Passed What is the primary function of a bucket truck? A bucket truck is used to lift workers and equipment to elevated work sites, providing access for tasks such as maintenance and construction. What is important to check before operating a bucket truck? Before operating a bucket truck, it is important to check the hydraulic system, electrical components, and safety features to ensure everything is functioning properly. How should yo...

Property Ownership - ANSWER An item that has a legal owner, along with the attendant rights to legal ownership. Real Property - ANSWER Ownership of real estate and the bundle of rights associated with owning real estate. Personal Property - ANSWER Ownership of anything which is not real estate, and the rights associated with owning the personal property item. Chattel or Personalty - ANSWER Also known as Personal Property. Real Estate - ANSWER Air, water, land, and everything affixed...