Real estate principles o - Study guides, Class notes & Summaries

This document contains workings, explanations and solutions to the LML4804 Assignment 3 (QUALITY ANSWERS) Semester 2 2024. For assistance whats-app us on 0.6.8..8.1.2..0.9.3.4..QUESTION 1 (CAPITAL GAINS TAX) Ms. Kru, a South African resident worked for O Insure (Pty) Ltd (“O Insure”) as a specialist for 15 years. As a result of the Covid-19 pandemic that hit the world, O Insure decided to retrench her team including Ms. Kru. She was given a severance package of R5 million. Ms. Kru is marri...

True Owner - Personal who originally owned an item and lost it Finder - Has superior interest over everyone except for true owner. Has legal right to possess, has a duty to reasonably attempt to find true owner Becomes an involuntary bailee. Lost - True owner unintentionally misplaces property Mislaid - True owner puts something somewhere and forgets about it Abandoned - owner intentionally and voluntarily relinquishes all legal rights to property with no intention to give rights to any pa...

FIN3702 - Summarised Notes Latest 2022. FIN3702 - Working Capital Management Analyzing a firms cash flow Module objectives: - Explain tax depreciation procedures and effect on business’ cash flow - Explain why cash flow statement is different to the income statement - Prepare a cash flow statement - Prepare and operating cash flows and free cash flows Introduction to analyzing a firm’s cash flow 1. Why is cash flow the lifeblood of a firm? o Managing day-to-day operations o Making ...

AYOP Principles of Real Estate 1 Exam Questions And Answers Fixity - ANS land and buildings and other improvements to land require long periods of time to pay for themselves(investment permanence) Situs - ANS location preference from an economic standpoint rather than geographical Economic Characteristics of Land - ANS scarcity, modification, fixity, situs 3 physical characteristics of land - ANS non-homogeneity, immobility, and indestructibility Texas Real Estate Lic...

The Question QUESTION 1 (CAPITAL GAINS TAX) Ms. Kru, a South African resident worked for O Insure (Pty) Ltd (“O Insure”) as a specialist for 15 years. As a result of the Covid19 pandemic that hit the world, O Insure decided to retrench her team including Ms. Kru. She was given a severance package of R5 million. Ms. Kru is married in community of property to Lolo and they stay in Blue Halley, Pretoria They bought the house in 2011 for R900 000. They also own a holiday house in Hermi...

AYOP Principles of Real Estate 1 Exam With 100% Correct Answers 2024 Fixity - answerland and buildings and other improvements to land require long periods of time to pay for themselves(investment permanence) Situs - answerlocation preference from an economic standpoint rather than geographical Economic Characteristics of Land - answerscarcity, modification, fixity, situs 3 physical characteristics of land - answernon-homogeneity, immobility, and indestructibility Texas Real Estate License...

TEXAS PRINCIPLES OF REAL ESTATE 2 EXAM REAL EXAM TEST BANK WITH 450 QUESTIONS AND CORRECT ANSWERS (100% CORRECT ANSWERS) TX PRINCIPLES OF REAL ESTATE II EXAM (NEW)

Federal interstate land sells Full Disclosure Act - applies to all unimproved land sold interstate. If a buyer or tenant does not receive this report before signing, he may void his contract or lease Appraisers Principles to Value (9) - Highest and Best use, Principle of Substitution, Principle of Conformity, Principle of Increasing and Decreasing Returns, Principle of Contribution, The Principle of Regression, The principle of Competition, The Principle of Change, The Principle of Anticipat...

Basic Appraisal Principles Exam Questions with 100% Correct Answers When are appraisers needed? -Answer-to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser -Answer-One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser -Answer-competent, independent, impartial, objective, prompt, organized, educated, honest & dilige...

TRELA Texas Real Estate License Act - -law that governs all real estate licensees and sets powers for TREC TREC Texas Real Estate Commission - -three prong test to determine if license required (Is activity or dealing in real property for compensation for others?) -Lists, Leases, Buys, Exchanges, Auctions, Negotiates, Sells (LLBEANS) -acts w/o license punishable ($4k + 1 year in jail) -practicing w/o license punishable by court w/penalty of up to 1 to 3x total money received TRELA & TR...