Real estate u 2 - Study guides, Class notes & Summaries

Real Estate U Texas Promulgated Contract Forms(4) Exam 2024 Questions with 100% Correct Answers | Verified | Latest Update To have no force or effect is referred to as a ........................ contract? Void Valid Enforceable Executed ANS Void 2. That which is capable of being adjusted void, but is not unless action is taken to make it so, is referred to as a/an ...................................... contract? Unenforceable Voidable Executed Expired ANS Voidable

REAL ESTATE U FINAL EXAM TEST BANK AND STUDY GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE REAL EXAM QUESTIONS AND ANSWERS | RECENTLY TESTED | EXPERT VERIFIED | GUARANTEED PASS | GRADED A | LATEST UPDATE | 2023/2024 Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broke...

Succession Succession: - This aspect of law deals with what happens to an estate (the assets you leave behind) after you pass away. - Estate = the assets, obligations, liabilities, debts, etc. that you leave behind. - Inheritance = what is left once all the debts and liabilities have been paid. - Succession determines who qualifies to inherit. There are 2 types of succession: - 1) Testate = dealing with wills. - 2) Intestate = dealing with no wills. Terminology: - Deceased = person w...

Florida Real Estate U Final Exam Questions And Revised Correct Answers What is BPO - ANSWER : A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property. What are some consideration in determining investment value? - ANSWER : 1-interior considerations 2-building operating expenses 3-exterior considerations What is not a consideration when determining investment value? - ANSWER : marke...

Indirect methods of measuring depreciation - Answer- -Sales comparison (Market Extraction) -Capitalization of income method Financing - Answer- The first adjustment in the sales comparison approach is Sales Comparison Approach - Answer- A fundamental strength in this approach is that it reflects the actions of the marketplace as well as what by buyers & sellers are actually doing doing and paying. -Consumer tastes/preferences -Consumer income -Price of related commodities -Consumer ...

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Real Estate U Final EXAM LATEST 2023- 2024 ACTUAL EXAM 350 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ TESTBANK Syndication - CORRECT ANSWER Method of using capital (money) from multiple investors for the common goal of acquiring real estate. Investments are often syndicated in order to allow individuals to invest in properties or projects that are significantly larger than they could afford on their own. Types of Commercial Real Estate Note: Co...

Colorado Law and Practice - Real Estate Questions and Answers 100% Pass Real Property - Correct Answer ️️ -- Land plus appurtenances. - Man-made appurtenances. - Natural appurtenances. - Air, gas, solar, light and sound, mineral and surface rights. - Water rights. Livery of Seisin - Correct Answer ️️ -I own it and I have the right to sell it. 5 Economic Characteristics of Land - Correct Answer ️️ -D - Demand U - Utility or Usefulness S - Scarcity: sells quickly if available...

Real-estate U Pass the New York State Exam (v.2) 2.3 Practice Exam - 3 (75 questions)

REAL ESTATE U FINAL EXAM TEST BANK AND STUDYGUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 QUESTIONS AND ANSWERS | GRADED A | LATEST UPDATE | 2024 REAL ESTATE U FINAL EXAM TEST BANK AND STUDYGUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 QUESTIONS AND ANSWERS | GRADED A | LATEST UPDATE | 2024