Amenity - Study guides, Class notes & Summaries

What is the minimum licensing requirement to sell commercial real estate in New York? - ans a real estate salesperson's license What is the preferred method of creating an agency relationship? - ans expressed agency An amenity purchaser - ans occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ans real / deed A salesperson who is an independent contractor - ans is not subject to withholding requireme...

A property owner constructs a six-car garage at a cost of $80,000. It only adds $40,000 in value to the property. What economic principle does this best demonstrate? CORRECT ANSWERS: Contribution What are the four agents of production? CORRECT ANSWERS: land, labor, capital, coordination The principle of contribution is most closely associated with: CORRECT ANSWERS: the Sales Comparison Approach (The contributory value of a given amenity is the public's perception of its actual contribu...

NYREI School Exam (question and answers 2023) graded A+What is the minimum licensing requirement to sell commercial real estate in New York? - correct answer a real estate salesperson's license What is the preferred method of creating an agency relationship? - correct answer expressed agency An amenity purchaser - correct answer occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - correct answer real / deed A salesperso...

RHFAC Glossary with Complete SolutionsRHFAC Glossary with Complete SolutionsRHFAC Glossary with Complete SolutionsRHFAC Glossary with Complete SolutionsRHFAC Glossary with Complete Solutions Amenity - ANSWER - Anything that adds to a person's comfort or convenience. Amenity zone - ANSWER - A designated area, adjacent or connected to an accessible route, that provides amenities and services (e.g., street furniture, mailboxes, telephones) and can include utilities such as light posts, hydrant...

Amenity - ANSWER Anything that adds to a person's comfort or convenience. Amenity zone - ANSWER A designated area, adjacent or connected to an accessible route, that provides amenities and services (e.g., street furniture, mailboxes, telephones) and can include utilities such as light posts, hydrants, etc. Area of Refuge - ANSWER An area separate from the general floor area by a fire separation having a fire-resistance rating at least equal to that required for an exit, that is smoke prot...

Mckissock Residential Market Analysis and Highest & Best Exam Questions with Verified Answers |Latest 2024/2025 A property owner constructs a six-car garage at a cost of $80,000. It only adds $40,000 in value to the property. What economic principle does this best demonstrate? ️ Contribution What are the four agents of production? ️ land, labor, capital, coordination The principle of contribution is most closely associated with: ️ the Sales Comparison Approach (The contributory valu...

A property owner constructs a six-car garage at a cost of $80,000. It only adds $40,000 in value to the property. What economic principle does this best demonstrate? - Answer-Contribution What are the four agents of production? - Answer-land, labor, capital, coordination The principle of contribution is most closely associated with: - Answer-the Sales Comparison Approach (The contributory value of a given amenity is the public's perception of its actual contribution to value when consider...

RHFAC Glossary Exam Questions and Answers Amenity - Anything that adds to a person's comfort or convenience. Amenity zone - A designated area, adjacent or connected to an accessible route, that provides amenities and services (e.g., street furniture, mailboxes, telephones) and can include utilities such as light posts, hydrants, etc. Area of Refuge - An area separate from the general floor area by a fire separation having a fire-resistance rating at least equal to that required for an exi...

McKissock Liberty University -Residential Market Analysis and Highest & Best Use fully solvedA property owner constructs a six-car garage at a cost of $80,000. It only adds $40,000 in value to the property. What economic principle does this best demonstrate? - correct answer Contribution What are the four agents of production? - correct answer land, labor, capital, coordination The principle of contribution is most closely associated with: - correct answer the Sales Comparison Approach (Th...

Residential Market Analysis and Highest & Best Use Question and answers already pass Residential Market Analysis and Highest & Best Use A property owner constructs a six-car garage at a cost of $80,000. It only adds $40,000 in value to the property. What economic principle does this best demonstrate? - correct answer Contribution What are the four agents of production? - correct answer land, labor, capital, coordination The principle of contribution is most closely associated with: -...