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Exam (elaborations)

REAE 3325 Exam Questions and Answers 100% Correct

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  • REAE 3325

REAE 3325 Exam Questions and Answers 100% CorrectREAE 3325 Exam Questions and Answers 100% CorrectREAE 3325 Exam Questions and Answers 100% Correct According to the lecture, real estate can be described as: All of these are correct. A bundle of rights. An industry or a profession. Land and thi...

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  • October 28, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • REAE 3325
  • REAE 3325
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REAE 3325 Exam Questions and
Answers 100% Correct
According to the lecture, real estate can be described as:
All of these are correct.
A bundle of rights.
An industry or a profession.
Land and things attached to it. - ANSWER-All of these are correct.
A bundle of rights.
An industry or a profession.
Land and things attached to it.

Real Estate competes for ______ in the capital market.
users
space
funds
awards - ANSWER-

The ____ market is also called the "space" or "rental" market.
User
None of these is correct.
Capital
Property - ANSWER-User

Risk premiums are typically required by investors on riskier investments.
True
False - ANSWER-True

Real estate values are determined by interactions in:
Property markets.
All of these are correct.
Capital markets
User markets. - ANSWER-All of these are correct.

Due to online data and sources such as Google, the real estate market can be classified
as being highly informationally efficient.
True
False - ANSWER-False

Almost no personal or household wealth in the United States is derived from housing
equity.
True
False - ANSWER-False

, Cash flows in the property market generally derive from:
None of these is correct.
leasing space to tenants.
strategic lending.
community grants. - ANSWER-leasing space to tenants.

According the lecture, lease is an example of tangible property because it in writing.
True
False - ANSWER-False

According to the text, the user market is not highly segmented because the entire
market is dependent on interest rates and those do not vary much on a national basis.
True
False - ANSWER-False

_____________ is rights in land and its permanent structures.
Equity
Real estate
None of these is correct.
Real property - ANSWER-

A common easement in gross is the right to __________.
use a driveway
build a retaining wall
lay a powerline
None of these is correct. - ANSWER-lay a powerline

There is no dominant parcel in a easement appurtenant.
True
False - ANSWER-False

Air rights are not considered real property.
True
False - ANSWER-False

A/an _____________ is the right to use land for a specific and limited purpose.
easement
lienhold
None of these is correct.
encumbrance - ANSWER-easement

In Texas, "marketable" is not a legally recognized description of title. Instead,
______________ is used.
a letter grading system
point scale

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