Barney fletcher exam 4 Study guides, Class notes & Summaries

Barney Fletcher Cram Notes Booklet Exam deed - Answer-the instrument used to transfer real property Title - Answer-Ownership and the owner's rights Real Estate - Answer-Land + improvements (appertenances) Physical Characteristics of Land - Answer-1. Immovable 2. Indestructable 3. Non-Homogenous (unique) Economic Characteristics of Land - Answer-1) Situs 2) Improvements 3) Fixed Investment 4) Scarcity Personal Property - Answer-anything that is not real property; Chattel Sever...

Barney Fletcher Exam 4 Questions and Answers which BEST describes the principle that a home maintains its highest value in a neighborhood with similar homes and similar type housing? A. substitution B. conformity C. highest and best use D. competition - Answer-B. conformity If you took projected future costs from projected future income, you would arrive at: A. capitalization rate B. projected net income C. projected debt service D. projected debt coverage - Answer-B. projected n...

Barney Fletcher Exam 4 Questions and Answers which BEST describes the principle that a home maintains its highest value in a neighborhood with similar homes and similar type housing? A. substitution B. conformity C. highest and best use D. competition - Answer-B. conformity If you took projected future costs from projected future income, you would arrive at: A. capitalization rate B. projected net income C. projected debt service D. projected debt coverage - Answer-B. projected net...

which BEST describes the principle that a home maintains its highest value in a neighborhood with similar homes and similar type housing? A. substitution B. conformity C. highest and best use D. competition - B. conformity If you took projected future costs from projected future income, you would arrive at: A. capitalization rate B. projected net income C. projected debt service D. projected debt coverage - B. projected net income A deed would be presumed to have been delivered upon t...

which BEST describes the principle that a home maintains its highest value in a neighborhood with similar homes and similar type housing? A. substitution B. conformity C. highest and best use D. competition - B. conformity If you took projected future costs from projected future income, you would arrive at: A. capitalization rate B. projected net income C. projected debt service D. projected debt coverage - B. projected net income A deed would be presumed to have been delivered upon t...

Barney Fletcher Exam 4 Questions and Answers which BEST describes the principle that a home maintains its highest value in a neighborhood with similar homes and similar type housing? A. substitution B. conformity C. highest and best use D. competition - Answer-B. conformity If you took projected future costs from projected future income, you would arrive at: A. capitalization rate B. projected net income C. projected debt service D. projected debt coverage - Answer-B. projected net income A deed...

POST LICENSE COURSE (BARNEY FLETCHER) EXAM| LATEST VERSION ALL QUESTIONS AND CORRECT ANSWERS|GRADED A+ Within the first five years around ___% of agents leave the real estate business Correct Answer: 80-90% For buyers what are the five steps of the pre-qualification process Correct Answer: 1. Urgency 2. Motivation 3. Financial Ability 4. Wants and Needs 5. Agency For sellers what are the five steps to the first appointment Correct Answer: 1. Urgency 2. Motivation 3. Concerns...