What does ad valorem mean - Study guides, Class notes & Summaries

ASREB School and State Test Review Q & A Rated Perfectly!! How are AZ property taxes charged? Ad Valorem What does Ad Valorem mean? Assessed Value How are Arizona Property Taxes paid? Levied once, Paid Twice When are AZ property Taxes Due? and Delinquent? Oct-Nov and March-May (O No More Money) Who do you pay the property taxes to? County Treasurer What is the penalty for AZ Property Tax Delinquency? 16% Property Tax Assessment Ratio Residential? 10% Property Tax Assessment Rati...

ASREB School and State Test Review Q & A Rated Perfectly!!

Texas Real Estate Salesperson Exam Practice Questions with Complete Solutions The fact that an individual must go to the land describes which of the characteristics of land? IMMOBILITY John and Mary are co-owners of a property. John has 60% interest in the property and Mary has a 40% interest. What type of freehold estate do they have? TENANCY IN COMMON A property is surveyed to determine a legal description. The surveyor works from a point of beginning, and measures terminal points and angle...

Real Estate Pre-License Exam – Hawaii Questions and Answers Already Graded A What is the definition of a Broker? A direct agent of the principal who is hired for compensation to perform a stated services such as procuring a customer. Define Brokerage. The business of procuring customers on behalf of clients for the purpose of completing a real estate transaction. What is Common Law? A body of law developed by court judgments, decrees, or case decisions. Define Property Management. The busin...

Which agency enforces Title II under the Americans with Disabilities Act of 1990, when it relates to state and local public housing, housing assistance, and housing referrals? Department of Housing and Urban Development Which task is NOT the responsibility of an escrow officer? Determine how earnest money is to be distributed in case of a dispute. Manage transaction documents from all parties. Prepare closing documents and manage the closing meeting. Verify funding of the b...

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Needs - correct answer Something essential to survival - food, water, warmth, clothing and shelter Wants - correct answer Something you would like to have, but is not essential to survival Resources - correct answer Something used to produce output Productivity - correct answer Output per worker per pe...

Chapter 03 Business in a Borderless World True / False Questions 1. International business involves the buying, selling, and trading of goods and services across national boundaries. True False 2. Nations trade with other nations to obtain resources that would otherwise be unavailable to them. True False 3. Importing is the sale of goods and services to foreign markets. True False 4. When a nation imports more than it exports, it has a pos...

The fact that an individual must go to the land describes what physical characteristics of land? - Immobility John and Mary are co-owners of a property. John has a 60% interest in the property and Mary has 40%. What type of freehold estate do they have? - Tenancy in Common A Property is surveyed to determine a legal description. The surveyor works from a point of beginning, and measures terminal points and angles. What method of land description is he using? - Metes and Bounds ...

Colibri Real Estate (Real Estate Express) Final Exam Review Questions and Complete Solutions Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission pl...