Preference heterogeneity - Study guides, Class notes & Summaries

broker - Answer-acts as an agent who negotiates the sale, purchase, or rental of property on behalf of others for a fee or commission chattel - Answer-items of personal property (and are therefore movable) real property - Answer-the land, everything that is permanenty attached to the land, and everything that is appurtenant to (or goes with) that land personal property (personalty) - Answer-considered to be all property that does not fit the definition of real property. Movable. Referre...

NC Real Estate Exam Chapter 1 Questions with Complete Solutions Latest real estate (realty) - Answer-land at, above and below the earth's surface, including all things permanently attached to it, whether natural or artificial. real property - Answer-as the land itself, the improvements theron, and the interests, benefits, and rights inherent in the ownership of real estate nonhomogeneity (heterogeneity) - Answer-uniqueness of land situs - Answer-loation preference that takes into c...

Broker (Ans- a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts, including helping another person to conduct a real estate transaction TRELA (Ans- The Real Estate License Act (TRELA), a broker is the agent for the buyer or the seller, or in some cases, both parties, in negotiating the sale, purchase, or renting of property. A brok...

NC Real Estate Exam Chapter 1 Questions and Answers Graded A+ broker acts as an agent who negotiates the sale, purchase, or rental of property on behalf of others for a fee or commission chattel items of personal property (and are therefore movable) real property the land, everything that is permanenty attached to the land, and everything that is appurtenant to (or goes with) that land personal property (personalty) considered to be all property that does not fit the definition of real proper...

BADM 322 Exam 1 Questions and Answers Latest 2023 What is marketing research? - the function which links the environment (consumer and public) to the marketer through information What is the purpose of marketing research? - helps managers to make better decisions (4 P's) Marketing research reduces ____________________. - market uncertainty Stages in the Marketing Research Process - 1. Determine the research design 2. Design data collection method and forms 3. Sampling and data col...

Heterogeneity or Nonhomogeneity - ANSWER-Every parcel of land is different Immobility - ANSWER-Location of a parcel of land can never be changed Durable - ANSWER-Refers to land that is indestructible, meaning improvements can depreciate or be destroyed, but the land still remains Scarcity - ANSWER-When supply is limited, the price will increase Improvements - ANSWER-May increase or decrease the value of the property Permanence of Investment - ANSWER-Refers to the capital and labor...

VA Real Estate Exam Questions and Answers 100% Pass Personal Property -generally movable and unattached to land -may be tangible (cars, boats, jewelry) -may be intangible (stocks, bonds, mortgages) -includes: trade fixtures & fructus industriales (emblements) Trade Fixtures -items of personal property brought to the premises by the tenant that are necessary to carry on the trade or business Fixtures -items that were once movable that are now affixed to real estate and becomes real property (fe...

BADM 322 Exam 1 With Accurate Solution 2023 Marketing - the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large 4 Ps of Marketing Management - Product Price Promotion Place Marketing Research - the function which links the environment (consumer and public) to the marketer through information Marketing research reduces... - market uncertainty Key Fun...

Personal Property - -generally movable and unattached to land -may be tangible (cars, boats, jewelry) -may be intangible (stocks, bonds, mortgages) -includes: trade fixtures & fructus industriales (emblements) Trade Fixtures - -items of personal property brought to the premises by the tenant that are necessary to carry on the trade or business Fixtures - -items that were once movable that are now affixed to real estate and becomes real property (fences, trees, bricks in a wall) Real ...

Personal Property - -generally movable and unattached to land -may be tangible (cars, boats, jewelry) -may be intangible (stocks, bonds, mortgages) -includes: trade fixtures & fructus industriales (emblements) Trade Fixtures - -items of personal property brought to the premises by the tenant that are necessary to carry on the trade or business Fixtures - -items that were once movable that are now affixed to real estate and becomes real property (fences, trees, bricks in a wall) Real ...