Reo property - Study guides, Class notes & Summaries

Aceable Agent Principles of Real Estate 2 Practice Test Questions With Solutions 100% Correct What does "REO" stand for? "Real Estate Owned" In which of the following cases would a property manager NOT need a real estate license? A property manager who is an on-site apartment manager NOT acting as an agent, leasing the owner's real estate. What is a fee simple subject to a condition subsequent estate? an estate in which the property MUST be used for a specific purpos...

Florida Real Estate License, Exam Review Questions and answers, VERIFIED/ client specialization - -working exclusively with buyers or sellers property type specialization - -residential, commercial, agricultural, etc type of transaction specialization - -sales agent, leasing agent, short sales buyer or seller, REO specialist, property manager, etc geographical area specialization - -a neighborhood specialist, for example type of relationship specialization - -a fee based consultant vs...

CE Final Exam RE, The CE Shop Test, Real Estate Final Exam Questions and Answers 100% Correct | is a process in which an appraiser determines a probable range of values for a property by comparing a group of comparable sales to the subject. The appraiser attempts to include both superior and inferior units of comparison, such as age, transaction price, etc. - Answer: - Bracketing The number of properties available describes this factor that influences value. - Answer: - Scarcity...

Texas Principles of Real Estate II (2023/ 2024) Exam| Questions and Verified Answers| 100% Correct Q: According to value a. Police power b. Ad valorem c. Taxation d. Escheat e. Condemnation Answer: B Q: The government retains the following rights in lands, EXCEPT: a. Eminent domain b. Allodial c. Police Power d. Taxation Answer: B Q: If a landowner sues the government in order to force it to buy his or her land, this is called: a. Reverse condemnati...

REO - What term describes a property that is owned by a lender because a third-party buyer couldn't be found at a foreclosure auction? Real Estate Mortgage Investment Conduit (REMIC) - A type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages into pools based on risk, and issues bonds (securities) on these pools to sell to investors in the secondary mortgage market is a(n): a concession - Julio considers leasing an apartment unit from Bruno, the land...

CE FINAL EXAM RE, THE CE SHOP TEST, REAL ESTATE FINAL EXAM | 340 QUESTIONS AND ANSWERS 100% CORRECT | LATEST 2025 UPDATE. is a process in which an appraiser determines a probable range of values for a property by comparing a group of comparable sales to the subject. The appraiser attempts to include both superior and inferior units of comparison, such as age, transaction price, etc. Bracketing Bridging Substituting Surrounding - ANS - Bracketing The number of properties avai...

Farming Specilizing n one type of property or on one particular neighborhood is a practice referred to as The sale of any improved residential property 4 units or fewer, including condo units, unimproved property intended for 4 units or fewer, agricultural properties 10 acres or less, leases with options to purchase all or airtime of improved property of 4 or fewer res. Units and disposition of business interest in 4 unit bldg A residential transaction is defined as Industrial sa...

REO - ANSWERSWhat term describes a property that is owned by a lender because a third-party buyer couldn't be found at a foreclosure auction? Real Estate Mortgage Investment Conduit (REMIC) - ANSWERSA type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages into pools based on risk, and issues bonds (securities) on these pools to sell to investors in the secondary mortgage market is a(n): a concession - ANSWERSJulio considers leasing an apartment unit...

Principles of Real Estate 2 Practice Test Aceable Exam Questios with 100% Correct Answers REO - answerWhat term describes a property that is owned by a lender because a third- party buyer couldn't be found at a foreclosure auction? Real Estate Mortgage Investment Conduit (REMIC) - answerA type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages into pools based on risk, and issues bonds (securities) on these pools to sell to investors in the secondar...

CE Final Exam RE, The CE Shop Test, Real Estate Final Exam | 340 Questions and Answers 100% Correct | 2024/2025 . is a process in which an appraiser determines a probable range of values for a property by comparing a group of comparable sales to the subject. The appraiser attempts to include both superior and inferior units of comparison, such as age, transaction price, etc. Bracketing Bridging Substituting Surrounding -Correct Answer: Bracketing The number of properties availab...