Real estate ree 3043 exam - Study guides, Class notes & Summaries
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REE 3043 EXAM 1 Questions With Revised Answers
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REE 3043 EXAM 1 Questions With Revised 
Answers 
When viewed as a tangible asset, real estate can be defined as the land and its permanent 
improvements. Improvements on the land include: 
a. fences 
b. sewer systems 
c. walkways 
d. streets - answerfences 
Real estate is property, which can be either a tangible or an intangible asset. Which of the 
following would be considered an intangible asset? 
a. Land 
b. Building 
c. Motor home 
d. Mortgage - answerMortgage 
When t...
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REE 3043 Exam Questions With Correct Answers
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REE 3043 Exam Questions With Correct 
Answers 
Portfolio Manager - answerAdvise. Asset acquisition, renovation, sale decisions affect 
owner's portfolio.;Asset Manager - answerAnalyze. 
Advise. Asset acquisition, renovation, sale decisions affect owner's portfolio affect asset's price 
or expected return. Property investment values or expected returns. Hiring property manager. 
Maintenance and prop conditions;Property Managers - answerThe day to day operations of 
the assets. 
Rent collection...
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REE 3043 Exam 1 Questions With Revised Answers
- Exam (elaborations) • 8 pages • 2024
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REE 3043 Exam 1 Questions With Revised 
Answers 
Which methods does the federal government use to influence the real estate market? - 
answerincome tax incentives, fair housing laws, granting housing subsidies 
The term "real estate" is used in three fundamental ways. These include all of the following 
EXCEPT : - answerto identify all types of property. 
Which of the following statements define the role of Real Estate in our economy? - 
answerAll of these statements are correct. 
What two ele...
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Ree 3043 Exam Questions With Correct Answers
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Ree 3043 Exam Questions With Correct 
Answers 
Economists suggest that the value of something results from its utility and: - answerScarcity 
A branch of economics that extends the basic ideas of the early classical and neoclassical 
economists to better understand and predict how humans use space is termed: - answerUrban 
economics 
Formals arrangements and associations that members of society make to support fundamental 
economics and social activities are referred to, in the text as - answeri...
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REE 3043 Exam 1 Questions With Revised Answers
- Exam (elaborations) • 5 pages • 2024
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REE 3043 Exam 1 Questions With Revised 
Answers 
The "gravity" that draws economic activity into clusters is: - answerdemand for access or 
proximity. 
The best example of a base economic activity would be a: - answerregional sales office. 
Which of these are true about agglomeration economies? - answerAll of these answers are 
correct. (They create a readily available supply of highly specialized goods and labor. They tend 
to reduce risks in real estate. They occur in larger cities. They res...
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REE 3043 Study Guide to Sales Associate End-of-Course Exam Based on Florida Real Estate Principles, Practices & Law, 41st edition
- Exam (elaborations) • 32 pages • 2022
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REE 3043 Study Guide to Sales Associate End-of-Course Exam Based on Florida Real Estate Principles, Practices & Law, 41st edition/REE 3043 Study Guide to Sales Associate End-of-Course Exam Based on Florida Real Estate Principles, Practices & Law, 41st edition/REE 3043 Study Guide to Sales Associate End-of-Course Exam Based on Florida Real Estate Principles, Practices & Law, 41st edition/REE 3043 Study Guide to Sales Associate End-of-Course Exam Based on Florida Real Estate Principles, Practices ...
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