Urban residential markets Samenvattingen, Aantekeningen en Examens

Types of real Estate CORRECT ANSWER -Residential -Commercial -Agriculture -Public Describe each type of real estate CORRECT ANSWER -Residential (single and multi-family household) -Commercial (industrial) -Agriculture (natural resources, timber) nontraditional farms (solar farms and wind farms) Public real estate CORRECT ANSWER -Government Uses (School, courthouse, city halls, Government offices) -Parks (national, state, local) -military bases (even secret CIA camps) Real Esta...

Which is NOT a method the federal government uses to influence the real estate market? - Through zoning regulation Real estate markets differ from other asset classes by having all of the following characteristics except: - homogeneous All of the following statements define the role of Real Estate in our economy except: - Real Estate generates only 20% of local government revenue (property tax). Real Estate as a tangible asset includes all of the following except: - A mortgage Approximate...

Basic Appraisal Principles Exam Questions with 100% Correct Answers When are appraisers needed? -Answer-to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser -Answer-One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser -Answer-competent, independent, impartial, objective, prompt, organized, educated, honest & dilige...

Agents of Production The factors that combine to create value of developed real property; they include land, labor, capital, and entrepreneurial coordination; which is sometimes also called entrepreneurial profit. Central Business District (CBD) The center of an urban area is typically zoned for various uses such as retail, office, and residential. Further, in some areas, transportation starts & ends in the CBD since it is the central location for employment. Consumption A common concept i...

T/F In the 16th century the chinese were the engine of globalization. - correct answer T T/F A controversy over the IMF is linked to its economic policies imposed on borrowing countries. - correct answer T What is globalization? - correct answer International interaction and integration among people, companies and governments he IMF conditionalitie...

Urban place - correct answer extends beyond the borders of a city consume old cities or create new cities workforce not tied to agriculture city - correct answer bordered area funding is governed urban landscape - correct answer description of city what it signifies organization, monuments, economic capital cities - correct answer ...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

Chapter 3 – Conveying Real Property Interests Multiple Choice Questions [QUESTION] 1. A deed is a special form of written contract used to convey a permanent interest in real property. Unlike most contracts, a deed requires: A. both parties to be legally competent and of legal majority age. B. only the grantee to be legally competent and of legal majority age. C. only the grantor to be legally competent and of legal majority age. D. both parties to make promises to perform. Ans: C Diff...

Broker One who buys and sells for another for a fee. Broker-Salesperson A qualified broker who practices real estate in the position of salesperson in another broker's office bureau of subsidized land sales control regulations covering out of state properties sold in NJ continuing education 12 hours required every two years, two of which must be on ethics NJ Real Estate Commission Department of Banking and Insurance. 8 members. 5 brokers for at least 10 years, two from general public a...

1. where do cities come from hunter gather cultures -the invention of agriculture =sedentary, need for fixed address 2. from settlements -surplus production = ability to store to cities -trade w/ communities of surplus production -specialization created after non farming specialization occurred bc of surplus -distribution of property & by-ways -opportunities for way of life, occupation, wealth accumu- lation =storage possible= threat of theft= need for domestic scurity = rise of...