Principal of substitution - Study guides, Class notes & Summaries

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Gold Coast Final Exam Questions and Answers 100% Solved
  • Gold Coast Final Exam Questions and Answers 100% Solved

  • Exam (elaborations) • 10 pages • 2023
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  • Gold Coast Final Exam Questions and Answers 100% Solved What is the form you sign that says you will pay the loan back ? promissory note What is the post licensing grace period after first expiration ? none Deposits is a form of... valuable consideration Physical land and improvements real property Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both Yes What is the maximum fine per offense ? $5,000 per fine...
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Champions Principles of Real Estate 2
  • Champions Principles of Real Estate 2

  • Other • 6 pages • 2023
  • appraisal - Answer- value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - Answer- The percentage of value or sales price that a lender is willing to finance. limited appraisal report - Answer- exterior only/drive by inspection. deemed as low risk loan highest and best use of property - Answer- legal use that gives the greatest return Principal of Contribution - Answer- cost does not equal value Residential Mortgage Lo...
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Champions Real Estate Marketing SAE Exam with complete solutions
  • Champions Real Estate Marketing SAE Exam with complete solutions

  • Exam (elaborations) • 10 pages • 2023
  • Most common reason a property fails to sell is - Answer- price Matching human needs with goods or services to meet those needs is the process of - Answer- marketing _____________________ is a key personality trait of a successful agent - Answer- problem solving 3 Ways Sales Agents Add Value to the Buying Process - Answer- Counseling, Negotiating, and Managing the transaction Four P's of marketing real estate - Answer- product, promotion, price and place How can you know your prod...
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MCAT entrance exam all subjects combined questions & answers latest update
  • MCAT entrance exam all subjects combined questions & answers latest update

  • Exam (elaborations) • 196 pages • 2023
  • m   1. Which of the following is the mRNA start codon in most cases? A. UAA B. AGU C. AUG D. UGA 2. Which of the types of RNA is the smallest? A. mRNA B. tRNA C. rRNA D. 3. Which of the following is not considered a pyrimidine? A. C B. T C. U D. G 4. Which of the following is paired correctly? A. A-G B. C-G C. A-U D. G-T 5. Which of the following characterizes a Western blot? A. Antibody/protein hybridization B. DNA/RNA combination C. RNA ...
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RECA Fundamentals Exam Questions And Answers Rated A+
  • RECA Fundamentals Exam Questions And Answers Rated A+

  • Exam (elaborations) • 21 pages • 2024
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  • 1. Principal of Balance - Answer-value is created and sustained where there is equilibrium 10. Principal of Substitution - Answer-a buyer will pay no more for a property than the cost of acquiring a similar and equally desirable property 11. Principal of Contribution - Answer-value of a property attribute relates to the value it adds to the overall value of the property. basis by which adjustments are made to the sale prices of comparable properties 12. Principal of Progression - Answer-pr...
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IAAO 102 Questions and Answers Already Graded A
  • IAAO 102 Questions and Answers Already Graded A

  • Exam (elaborations) • 6 pages • 2023
  • IAAO 102 Questions and Answers Already Graded A Anticipation Value is created by the expectation of benefits to be derived in the future Substitution the prices, rents, and rates of return of property tend to be set by the current prices, rents and rates of return for equally desire able substitute properties. Contribution the value of a component of real estate can be measured by the amount it contributes to net operating income because net operating income can be capitalized into value. Mar...
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RECA Fundamentals Exam 2023 Questions with Verified Answers
  • RECA Fundamentals Exam 2023 Questions with Verified Answers

  • Exam (elaborations) • 14 pages • 2023
  • Which of the following is NOT a RECA educational resource for industry professionals? - Answer- Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act - Answer- Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - Answer- Consumer Price Index (CPI) Which of the following will occur to the supply of a good when there is a change in quantity...
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NCIDQ IDFX Exam Questions with 100% correct Answers Latest 2024/2025 (Verified)
  • NCIDQ IDFX Exam Questions with 100% correct Answers Latest 2024/2025 (Verified)

  • Exam (elaborations) • 36 pages • 2024
  • NCIDQ IDFX Exam Questions with 100% correct Answers Latest 2024/2025 (Verified) when goods are shipped FOB destination, who has the title to them while in transit? - correct answer the seller when goods are shipped FOB factory, who has the title to them while in transit? - correct answer the buyer (transfer when goods leave the manufacturer/seller) what is involved in the parameter method of costing? - correct answer an expanded itemization of construction quantities and furnishings and ass...
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Aceable Agent - Principles of Real Estate II Exam 2023 with 100%Correct Answers.
  • Aceable Agent - Principles of Real Estate II Exam 2023 with 100%Correct Answers.

  • Exam (elaborations) • 24 pages • 2024
  • Aceable Agent - Principles of Real Estate II Exam 2023 with 100%Correct Answers. TOTAL = PART/PERCENTAGE PART = TOTAL x PERCENTAGE PERCENTAGE = PART/ TOTAL - correct answer -Formulas to calculate commission? PRINCIPAL - correct answer -What is the term that describes the money that is lent? CASH TO CLOSE - correct answer -Down payment minus earnest money? TOTAL SALES PRICE - correct answer -Loan payment + loan principal? ORIGINATION POINTS - correct answer -Loan points/fees charged 1% to ...
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Champions Principles of Real Estate 2  Latest Version Graded A+
  • Champions Principles of Real Estate 2 Latest Version Graded A+

  • Exam (elaborations) • 14 pages • 2024
  • Champions Principles of Real Estate 2 Latest Version Graded A+ appraisal value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) The percentage of value or sales price that a lender is willing to finance. limited appraisal report exterior only/drive by inspection. deemed as low risk loan highest and best use of property legal use that gives the greatest return Principal of Contribution cost does not equal value Re...
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