Family rent to owner - Study guides, Class notes & Summaries

NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license What is the preferred method of creating an agency relationship? expressed agency An amenity purchaser occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. real / deed A salesperson who is an independent contractor is not subject to withholding r...

pearson vue practice exam Questions and answers, 100% Accurate, graded A+ In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker - -a. included in the listing agreement a lot measu...

Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023 Assessor - Correct Answer-Any person responsible for the valuation of real property for ad valorum taxation purposes Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, Valuing Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in Exchange An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all taxing authorities In order for an asses...

Which statement provides the basic justification for zoning? A. There must be regulations in place to prevent pollution B. The government does not want to encourage land development C. The inappropriate use of one's property may affect the value of another D. Professional planners want to control development - Answer- C. The inappropriate use of one's property may affect the value of another What is the rationale behind government planning of real estate development? A. To manage futu...

30 Days - HOTMA - PHAs may approve tenancy, execute HAP, make payments for units that fail initial inspection if deficiencies are not "life-threatening" but the owner has 30 days after notification to correct the failed items. Portability - The RHA must add 30 days to the end of the initial's expiration date IHA Must make payment for initial billing within 30 days of receipt of Part II of 52665. 60 Days - Owner to PHA Rent Changes PHA may pay the owner retroactively if the HAP contract ...

Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease What is not an adequate method of transferring property? - ANSWER-Executive Sale What is considered personal property? - ANSWER-Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...

Nan Mckay Housing Choice Voucher Specialist Exam Study Guide with Complete Solutions Owner responsibilities - Correct Answer Selects and screens tenants Enforces lease State responsibilities - Correct Answer Passes legislation establishing PHAS PHA administrative plan - Correct Answer establishes local policies for administering the HCV program HUD vs ADA definition of disability - Correct Answer HUD definition is more specific, used for eligibility determination and allowances/dedu...

National - Real Estate Exam Practice Questions (Set One) Latest Update Graded A+ Which of the following is a lien on real estate? a. recorded easement b. recorded mortgage c. encroachment d. dead restriction b. recorded mortgage Which approach to value would MOST likely be useful to real estate brokers estimating the value of a single-family residence for sale in a subdivision? a. cost approach b. income approach c. market comparison approach d. gross rent multiplier c. ...

Nan Mckay Housing Choice Voucher Specialist Exam Questions And Answers Owner responsibilities - ANS Selects and screens tenants Enforces lease State responsibilities - ANS Passes legislation establishing PHAS PHA administrative plan - ANS establishes local policies for administering the HCV program HUD vs ADA definition of disability - ANS HUD definition is more specific, used for eligibility determination and allowances/deductions ADA definition - broader, used for ...

HUD recommends that pay stubs be dated within how many days of interview date? : 60 days If PHA increases its payment standard during the term of a HAP contract, when will the increased payment standard be applied to the family? : At the family's first annual reexamination after the payment standard was increased. If PHA decreases its payment standard during the term of a HAP contract, when will the decreased payment standard be applied to the family? : May not be applied earlier tha...