Abandoned goods - Study guides, Class notes & Summaries

Valuation process A systematic procedure used in the valuation of real property. Steps: 1: Define the problem 2:Determine scope of work 3:Gather, record, and verify the data 4:Determine the highest and best use 5:Estimate the land value 6:Estimate value by each of the three approaches (if applicable) 7:Reconcile the estimated values into the final opinion of value 8:Report the final opinion of value Client The party or parties who engage, by employment or contra...

Role of Scarcity (property) - correct answer need for resources overtakes supply of those resources State controlled/communism - correct answer govt controls resources and directs how they're divided between citizens; control means of production Property-based/capitals - correct answer enact laws that enable citizens to acquire, possess, use, and transfer resources; free market States generally have a mix - correct answer not purely one or the other Real Property - correct answer lan...

Created to serve as a complete, comprehensive code regulating the construction of single-family, two-family and buildings consisting of three or more townhouse units. - Answer IRC (International Residential Code) Administrative - Answer First 2 chapters of code book are True - Answer Plans or supporting documents are almost always required by the controlling authority prior to issuing a permit. T or F Yes - Answer Does the building official have the authority to render interpretations o...

TEST BANK Enterprise Risk Management S - The Marketplace to Buy and Sell your Study Material 1 RSK2601 TEST BANK Question 1 Which one of the following is a benefit of effective risk and opportunity management? 1) Improved profit certainty 2) Increased shareholder value 3) Increased stakeholder confidence Correct option 3 4) Lower economic returns Explanation Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and higher economic returns...

Two men argued over the final results of the football game. The first man didn't think his friend knew what he was talking about and spit at him; the spittle landed on his friend's shirt. What crime, if any, occurred? - Answer- The first man has committed the crime of battery because he made contact even though he caused no harm. - Misd. A woman walked into the local bar and saw her boyfriend with another woman. She went to the table and hit him on the head. He fell off his barstool, str...

professional appraisal practice - -imperfect information -reliable data & analysis applies -an appraisal is only as good as the appraiser & data available -OPINION of value -UNBIASED opinion of a 3rd PARTY with no direct interest in the property -Uniform Standards of Professional Appraisal Practice (USPAP) -Code of Ethics sales comparison (market) approach - -value of RE can be determined by analyzing the sale prices of similar properties -in a competitive market, close substitutes shou...

Practice of Property Management (RECA) Questions and Answers Abandon ANSWER An action of a tenant who leaves the residential premises before the end of tenancy, without giving notice to the landlord that they are leaving. Abandoned Goods ANSWER Any property a tenant leaves behind after they move out of the residential premises. Agent ANSWER A person who has been given the authority by another person, to undertake certain activities on their behalf. - A leasing agent who is given the au...

ACCO 310 - financial reporting i final examination actual questions and correct answers 2024 exam prep concordia university 1) Peter exchanged similar assets with Sunshine Company in a transaction without commercial substance. Peter gave up equipment that had a net book value of $49,000 (fair value $51,000) and Sunshine exchanged equipment with a net book value of $38,000 (fair value $37,000). What is the correct value at which Sunshine should record the new equipment? A) $37,000 B) $38,000 ...

LEGL 2700 test 3 Epstein UGA Exam Questions Solved Role of Scarcity (property) - Answer -need for resources overtakes supply of those resources State controlled/communism - Answer -govt controls resources and directs how they're divided between citizens; control means of production Property-based/capitals - Answer -enact laws that enable citizens to acquire, possess, use, and transfer resources; free market States generally have a mix - Answer -not purely one or the other Real Pr...

CIC COMMERCIAL MULTI-LINE EXAM PREP QUESTIONS AND ANSWERS Bailor- may have their own coverage on goods bailor policy will contain provision that prevents protection from any bailee Identify and apply Property Covered and Property Not Covered by this AAIS Builders Risk Coverage Form - Answer-Property Covered: Building/ Structure Materials to be permanetly installed backfilling, foundation, grading scaffolding temp. fencing + temp structures Property Not Covered: Contraband...