Exam 2 barney fletcher Study guides, Class notes & Summaries

Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions. Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real estate. T/F? - False Mineral rights are: A. Always considered to be personal property B. Always pass with the land C. Cannot be sold separately from the land D. Pass with the land, unless otherwise specified in the deed - D Which of the following is NOT an improvement of land? A. Building B. ...

FBPA is a GA Law - ANSWER True Referrals are from broker to broker (licensee to licensee) - ANSWER True The secondary mortgage market is used for what? - ANSWER loans are bought and sold... provides liquidity for the primary market Accrued interest is the sellers interest since his last payment - ANSWER True In a cooperative type of ownership, the unit dweller does not get an individual tax bill - ANSWER True Multiple tenants in same shopping center who are not forced to move in a...

FBPA is a GA Law - ANSWER True Referrals are from broker to broker (licensee to licensee) - ANSWER True The secondary mortgage market is used for what? - ANSWER loans are bought and sold... provides liquidity for the primary market Accrued interest is the sellers interest since his last payment - ANSWER True In a cooperative type of ownership, the unit dweller

Barney Fletcher Exam 2 – Questions & Correct Answers

Barney Fletcher Exam questions 2 and answers

Barney Fletcher Exam questions 2 and answers An appraiser recommended tearing down a $28,000 house. There was a shopping center across the street. Which of the following appraisal principles BEST describes this situation? A. deterioration B. highest and best use C. capitalization D. substitution - Ans ️️ B. highest and best use What could guarantee no encroachments and good title? A. assumption package B. title insurance policy C. survey D. termite inspection - Ans ️️ B. titl...

Barney Fletcher Exam questions 2 and answers