Real Estate Principles Questions & 100% Correct Answers
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Course
Real Estate Principles
Institution
Real Estate Principles
1. Zoning is under the control of:
a. private parties.
b. government agencies.
c. the Bureau of Real Estate.
d. none of the above.
:~~ b. government agencies.
2. Easements appurtenant are for the benefit of:
a. homesteaded landowners.
b. adjoining (neighboring) landowners.
c. the general ...
a newly constructed apartment that cost $1,950,000 and had an original land cost
of $585,000?
a. $35,000
b. $15,000
c. $3,500
d. $50,000
✓ :~~ a. $35,000
9 For how much assessed value is the Homeowner's Property Tax Exemption:
a. $1,000
b. $7,000
c. $2,000
d. $200
✓ :~~ b. $7,000
10. The difference between property taxes and special assessments is that:
a. special assessments are levied for the cost of specific local improvement
while property tax revenue goes into the general fund.
Master01 | September, 2024/2025 | Latest update
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