Government survey method - Study guides, Class notes & Summaries

IAAO 101 Quiz| questions with complete answers The basic responsibilities of the assessor are to ___________________ all taxable property Discover, List, and Value One of the steps an assessor must take in the discovery of property is to Conduct periodic on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be 0.1330 Actual value...

Champions School of Real Estate Exam Prep National Chapter 1 & 2 Latest Update 100% Pass Rights, privileges or improvements that belong to and pass with land. Appurtenance Man made additions to the land such as buildings and landscaping. Also known as free standing Improvements Right or interest in something that is temporary or movable by nature. Also known as chattel or personalty. Personal Property Ownership is transferred by... Bill of Sale When personal property is incl...

3 methods of legal description - correct answer Metes and Bounds - Local. Describes the property location in the location itself Government Survey method - Used to identify the location of the property in reference to the united states survey map. Meridian and Baselines, Range and township lines The lot and black method is the standard method for describing downs and cities. - Map showing lots and blocks in the subdivision is called a plat or a plat map. A developer building on vacant...

NATIONAL REAL ESTATE EXAM 2 QUESTIONS AND ANSWERS| 100% CORRECT 2024 Townships are subdivided into how many sections? A) 36 B) 50 C) 24 D) 100 - answerThe answer is 36. Townships are subdivided into 36 sections. Another name for the lot-and-block method of describing a parcel of land is A) the government survey system. B) the Torrens system. C) the metes-and-bounds method. D) the recorded plat method. - answerThe answer is the recorded plat method. This system uses lot and b...

Chapter 10 -Gold Coast Real Estate Homework Questions and Answers 100% Pass Which of the following best describes a contract for sale that contains a street address instead of a legal description? (a) It is not valid under the Statute of Frauds. (b) It is valid only if witnessed. (c) It is valid, but may lead to a future dispute. (d) It is a violation of the Code of Ethics. - Correct Answer ️️ -c) It is valid, but may lead to a future dispute. Which method of legal description uses ...

Test Bank for Psychology Themes and Variations, 6th Canadian Edition By Doug McCann Name: Class: Date: Chapter 1 - The Evolution of Psychology Copyright Cengage Learning. Powered by Cognero. Page 1 Multiple Choice 1. The term “psychology” comes from the Greek words psyche and logos. What does logos mean? a. the study of a subject b. the soul c. logic d. discipline ANSWER: a 2. Psychological research is sometimes distorted or grossly simplified in media coverage, leading to misinformation or ...

Residential Appraiser Site Valuation and Cost Approach Exam - Q & A Appraisal fees would be included in the _________ costs. Indirect Reproduction cost estimates the cost to construct a building embodying all the ____________ of the subject building. deficiencies superadequacies obsolescences all of the above Direct costs would include all of the following EXCEPT Building permits Labor Materials Advertising The most popular cost service among residential appraisers is Marshall & Swift Entrepre...

National Real Estate Exam Questions and Answers Already Graded A Which of the following constitute an estate (tenancy) for years? A month-to-month lease. A tenancy at sufferance. A lease that is set to last six months. A tenancy at will. 67. A federal law that regulates t 1. Which method of legal description uses point of beginning, direction and distance? Metes and bounds. Lot and block. Government rectangular survey. Recorded plat. Metes and bounds. A borrower's right to sto...

A - ANSWER-Which one of the following is NOT true of cultural or political beliefs in America. A. America's origins as a wilderness society led to the belief that government is responsible for providing material assistance to its citizens. B. Americans place a greater emphasis than Europeans on personal advancement through education. C. Never has an American majority expressed a willingness to entrust health insurance fully to the government. D. America has a strong individualistic culture/...

WA Real Estate - Chapter 1 with Complete Solutions Air lot A parcel of property above the surface of the earth, not containing any land: for example, a condominium unit on the third floor. Appropriative rights Water rights established by obtaining a government permit, and not based on ownership of land beside a body of water. Appurtenance A right incidental to the land that is transferred with it. Beginning at the oak tree, thence south 15 degrees, 200 feet, thence north 90 degr...