Principle if anticipation - Study guides, Class notes & Summaries

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...

A homeowner is willing to let his neighbor park an RV in his backyard. He does NOT want to make the permission permanent in case he dislikes others who might move next door in the future. What should he give his neighbor? - A license. Legal descriptions using the government survey system are NOT generally used in - : the original 13 states. Real property can be converted to personal property by - Severance A landowner wishes to build a neighborhood grocery store on a busy street in an area...

CPCE Study Guide 1945 Questions with Answers 2023 The Sensorimotor period is part of whose developmental stage theory? - CORRECT ANSWER Piaget Presenting stimuli in different sequences to reduce "order of presentation" influences in an experiment is called: - CORRECT ANSWER Counterbalancing The Eskimo word "piblokto" refers to "arctic hysteria," characterized by uncontrolled screaming and crying that is often accopanied by running through the snow naked. This is an example of wh...

A competitive market analysis is MOST often used for o :## setting a listing price. A couple owns an older home in a neighborhood that is becoming a commercial area. Because of the change in the use of the land, the couple can expect the value of their parcel to increase at some future time. This is an example of the principle of o :## anticipation. A commercial property lost value because a recently constructed highway moved traffic away from the property. This is an example of o :##...

Aceable Principles of Real Estate 2 Review Exam Questios with 100% Correct Answers Real Estate Settlement Procedures Act (RESPA) - answerto protect consumers from abusive lending practices. General data - answeris information about a property's location. This could include the city, region, and neighborhood in which the property is situated. The appraisal report is usually paid by - answerthe buyer Specific data - answerinformation regarding the property itself. What types of data do Ap...

Oklahoma Real Estate Final Test Practice Questions with Verified Answers Tenant Kelly has the right to use landlord bob's property according to the lease does kelly have an interest in the property? No because they don't own the property If a life estate names a third party to receive title to the property upon termination of the life estate, the party who receives the interest is called what? Remainder interest What is an example of an involuntary lien? Judgement lien, Income t...

A homeowner is willing to let his neighbor park an RV in his backyard. He does NOT want to make the permission permanent in case he dislikes others who might move next door in the future. What should he give his neighbor? - A license. Legal descriptions using the government survey system are NOT generally used in - : the original 13 states. Real property can be converted to personal property by - Severance A landowner wishes to build a neighborhood grocery store on a busy street in an area...

Amortization - ANSWERSThe repayment of a loan principle over time Arrears - ANSWERSPayment for an item or service after it's received Down Payment - ANSWERSThe initial payment made when buying something on credit, a ____________ is paid directly by the buyer to the seller Proration - ANSWERSThe allocation or distribution of an annual expense across smaller chunks of time Acreage - ANSWERSA unit of measurement used to determine the size of land; 1 acre = 43560 square feet Apprai...

Aceable Principles of Real Estate 2 Review Exam Questios with 100% Correct Answers Real Estate Settlement Procedures Act (RESPA) - answerto protect consumers from abusive lending practices. General data - answeris information about a property's location. This could include the city, region, and neighborhood in which the property is situated. The appraisal report is usually paid by - answerthe buyer Specific data - answerinformation regarding the property itself. What types of data do Ap...

Principles of Real Estate 2 Champion Questions and Correct Solutions 2024 An opinion of value - Answer -The appraised value of a property is: assessed value - Answer -the amount that your local government determines your property to be worth for tax purposes subject property - Answer -The property that is being appraised. ad valorem - Answer -according to value Principle of Conformity - Answer -Maximum value is found when there is a reasonable degree of similarity or homogeneity USPAP (...