A rectangular lot with 1 Study guides, Class notes & Summaries

Basic Appraisal Procedures Mckissock (2023/2024) Already Passed Valuation Process Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process 1. Define Problem 2. Determine scope of work 3. Gather Record & verify dat 4. determine highest and best use 5. estimate land value 6. est. value by all three approaches 7. Reconcile est. value into final opinion value 8. report the final opinion defining problem Identification a...

[CH.2] (National Math) Tennessee Affiliate Broker Pre-license Course exam with 100% correct ansJohn bought an odd-shaped lot that was 100 feet deep, but the front footage was 160 feet and the length of the back side of the lot was 80 feet. What is the square footage of his lot? 12,000 SF Terry bought a home that home that had an attached one-car garage and a screened porch that spanned the length of the home. If the garage measured 16' in depth which was half the depth of the house and ...

Texas Real Estate Exam Questions and Answers Latest Updated 2023/2024 Graded A+. annexation - Answer- the process of attaching an item of personal property to real estate such that it becomes a fixture severance - Answer- the process of real property becoming personal. Fixture is uninstalled and becomes personal property again trade fixtures - Answer- term used for fixtures in commercial transactions. installed by a tenant to carry out a business and may be removed prior to the termination ...

OSSF DR TEST PRACTICE QUESTIONS WITH 100% CORRECT ANSWERS _______ and ________ soil textural classes are always unsuitable for standard absorptive OSSF - Correct Answer ️️ -class IA and IV List each of the major soil horizons - Correct Answer ️️ -surface soil A, surface soil B, and parent material _____________ is a term describing the ability of water to migrate through a soil profile under either _________ or __________ conditions. - Correct Answer ️️ -Hydraulic conductivit...

Basic Appraisal Procedures McKissock Question and answers correctly solved Basic Appraisal Procedures McKissock Valuation Process - correct answer Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process - correct answer 1. Define Problem 2. Determine scope of work 3. Gather Record & verify dat 4. determine highest and best use 5. estimate land value 6. est. value by all three approaches 7. Reconcile est...

Real Estate UNIT 1 National Exam Questions and Answers Graded A+ All property other than real estate is known as what? Personal Property What is an appurtenant? Appurtenance is a legal term denoting the attachment of a right or property to a more worthy principal. Appurtenance occurs when the attachment becomes part of the property such as a furnace or air conditioning unit. Real estate consists of what three things? Land, Improvements, and Rights If a seller is taking a fixture i...

Basic Appraisal Procedures Valuation Process - correct answer Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process - correct answer 1. Define Problem 2. Determine scope of work 3. Gather Record & verify dat 4. determine highest and best use 5. estimate land value 6. est. value by all three approaches 7. Reconcile est. value into final opinion value 8. report the final opinion defining problem - correc...

_______ and ________ soil textural classes are always unsuitable for standard absorptive OSSF - Answer class IA and IV List each of the major soil horizons - Answer surface soil A, surface soil B, and parent material _____________ is a term describing the ability of water to migrate through a soil profile under either _________ or __________ conditions. - Answer Hydraulic conductivity, saturated, unsaturated Interconnected pores in the soil profile allow ______ and _______ to ente...

(Answered) PSI Real Estate Exam - Property Ownership Real Property (realty) land along with improvements, things attached to it, and the benefits, rights, and interests included in its ownership. Real Estate synonymously used with real property; but includes real and personal property. Land earth's surface, subsurface to the center of the earth, the space overhead, and the rights to each. Rights: common rights in land; surface rights, subsurface rights, mineral rights, water rights, air righ...

Mckissock Basic Appraisal Principles Exam Questions and Answers Latest Update 2024/2025 Graded A+. grant deed - ANSWER deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - ANSWER One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report - ANSWER any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authori...