Real Estate License
Liberty University
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real estate license prep| 259 QUESTIONS| WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 37 pages • 2023
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When a property's income remains constant and property taxes rise, what happens to the property's capitalized value?
A. It increases less than the amount of the tax increase
B. It decreases by the amount of the tax increase
C. It decreases less than the amount of the tax increase
D. It decreases more than the amount of the tax increase. CORRECT ANSWERS: D. It decreases more than the amount of the tax increase.
When a valid grant deed is prepared, the title passes when it has been:
A. ...
Exam (elaborations)
real estate license prep| 259 QUESTIONS| WITH COMPLETE SOLUTIONS
Last document update:
ago
When a property's income remains constant and property taxes rise, what happens to the property's capitalized value? A. It increases less than the amount of the tax increase B. It decreases by the amount of the tax increase C. It decreases less than the amount of the tax increase D. It decreases more than the amount of the tax increase. CORRECT ANSWERS: D. It decreases more than the amount of the tax increase. When a valid grant deed is prepared, the title passes when it has been: A. ...
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