Ree 3043 exam 1 Study guides, Class notes & Summaries

REE 3043 EXAM 1 QUESTIONS WITH REVIEWED ANSWERS Functional Obsolescence - Answer-An older design and the building doesn't function in such a way maintain value Cost approach - Answer-Can you determine the cost to replace reproduce any type of property Fully Amortized Mortgage - Answer-Periodic payments that are sufficient enough to cover the entirety of the loan and the entirety of the interest by the end of the term Interest only loan - Answer-Making payments toward only the interest...

©THEBRIGHTSTARS 2024 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...

Which is NOT a method the federal government uses to influence the real estate market? - Through zoning regulation Real estate markets differ from other asset classes by having all of the following characteristics except: - homogeneous All of the following statements define the role of Real Estate in our economy except: - Real Estate generates only 20% of local government revenue (property tax). Real Estate as a tangible asset includes all of the following except: - A mortgage Approximate...

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...

the role of Real Estate in our economy except: - answerReal Estate generates only 20% of local government revenue (property tax). Real Estate as a tangible asset includes all of the following except: - answerA mortgage Approximately what portion of U.S. households owns their own home? - answerApproximately two-thirds. The most common form of legal description for urban residential property is the: - answerPlat lot and block number The total value of owner-occupied housing and investible c...

been a reason why cities developed Except - answerThe availability of top entertainers The set of activities that a city provides for the world beyond its boundaries is called: - answerEconomic Base The bid-rent curve is influenced by various factors but NOT : - answermale vs. female commuters Calculate the location quotient for the healthcare industry of a certain city given the following facts: Total % of city population working in healthcare is: 30% Total % of U.S. population working...

REE 3043 - Woodyard FSU - Exam 2 (1).

REE 3043 EXAM 2 QUESTIONS WITH CERTIFIED ANSWERS A statement by a real estate investment trust that it invests only in apartment buildings that are larger than 50 units and less than 10 years old is an example of an investment: - Answer-D. Policy statement The rent that can be obtained when leasing a property in an open and competitive market is termed: - Answer-Market Rent Income properties are purchased by investors who desire primarily to receive: - Answer- A. periodic income and appr...

REE 3043 Exam 1 Questions With Revised Answers Chapter 1: Real Estate Perspectives Scarcity - answerEconomists suggest that the value of something results from its utility and? a. usefulness b. demand c. price d. scarcity Urban economics - answerA 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? a. spatial economics b. city economics c. urban economics d. building eco...

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...