Five attributes of land - Study guides, Class notes & Summaries
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IAAO 201 exam with 100% correct answers
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Land 
An immovable and indestructible three-dimensional area consisting of a portion of the earth's surface, the space above and below the surface, and everything growing on or permanently affixed to it. 
 
 
 
Five Attributes of Land 
"PUFFS" 
Permanent 
Unique 
Finite Supply 
Functional 
Stationary 
 
 
 
Four Value Characteristics of Land 
"DUST" 
Demand 
Utility 
Scarcity 
Transferability 
 
 
 
Raw Land 
is in its natural state, prior to grading, construction, and subdividing. It is UNDEVEL...
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RECA Commercial Unit2 Exam Guide Top Rated 2024
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Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) - 1. They involve land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expensive 
5. They are long lasting 
6. Highly regulated 
7. have a long production cycle 
8. are management intensive 
9. are heterogeneous 
10. Involve measuring return on investment 
 
 
 
1. Long-lasting, Durable Goods 
2. Expe...
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iaao 101 Exam Questions with correct Answers
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ad valorem - Answer- According to Value 
 
The basic responsibilities of an Appraiser to all taxable property. - Answer- 1. Discovery 
2. Listing 
3. Valuation 
 
The taxable location of personal property is referred to as its' - Answer- Situs 
 
The type of value usually estimated by an Appraiser is the - Answer- Market Value 
 
The effective tax rate reflects the ratio between what - Answer- The current tax bill and the property value 
 
Assessment level times the tax rate equals - Answer- Th...
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RECA Commercial Unit 2 Questions and Answers Graded A+
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RECA Commercial Unit 2 Questions and 
 
Answers Graded A+ 
 
Commercial real estate assets have a number of attributes that make them unique relative to other 
types of investments. These attributes include the following: (x10) 1. They involve land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expensive 
5. They are long lasting 
6. Highly regulated 
7. have a long production cycle 
8. are management intensive 
9. are heterogeneous 
10. Involve measuring return ...
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RECA Commercial Real Estate Management Certification Exam (2024) || With 100% Verified Questions & Answers
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RECA Commercial Real Estate Management Certification Exam (2024) || With 100% Verified Questions & Answers 
RECA Commercial Real Estate Management Certification Exam (2024) || With 100% Verified Questions & Answers 
 
Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) - ANSWER - 1. They involve land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expe...
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RECA Commercial Unit 2 (A+ Guaranteed) Latest Update 2024
- Exam (elaborations) • 48 pages • 2024
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Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) correct answers 1. They involve land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expensive 
5. They are long lasting 
6. Highly regulated 
7. have a long production cycle 
8. are management intensive 
9. are heterogeneous 
10. Involve measuring return on investment 
 
 
 
1. Long-lasting, Durable ...
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RECA Commercial Unit2|296 Questions with 100% Correct Answers | Updated 2024 | Guaranteed A+|70 Pages
- Exam (elaborations) • 70 pages • 2024
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Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) - ️️1. They involve land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expensive 
5. They are long lasting 
6. Highly regulated 
7. have a long production cycle 
8. are management intensive 
9. are heterogeneous 
10. Involve measuring return on investment 
 
 
 
1. Long-lasting, Durable Goods 
2...
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RECA Commercial Unit2 Set Test Exam Questions & Correctly Verified Solutions
- Exam (elaborations) • 77 pages • 2024
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RECA Commercial Unit2 Set Test 
Exam Questions & Correctly 
Verified Solutions 
Commercial real estate assets have a number of attributes that 
make them unique relative to other types of investments. These 
attributes include the following: (x10) - ANSWER 1. They involve 
land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expensive 
5. They are long lasting 
6. Highly regulated 
7. have a long production cycle 
8. are management intensive 
9. are heterogen...
-
RECA Commercial Unit2 Set Test Exam Questions & Correctly Verified Solutions
- Exam (elaborations) • 77 pages • 2024
-
Available in package deal
-
- $12.99
- + learn more
RECA Commercial Unit2 Set Test 
Exam Questions & Correctly 
Verified Solutions 
Commercial real estate assets have a number of attributes that 
make them unique relative to other types of investments. These 
attributes include the following: (x10) - ANSWER 1. They involve 
land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expensive 
5. They are long lasting 
6. Highly regulated 
7. have a long production cycle 
8. are management intensive 
9. are heterogen...
-
RECA Commercial Unit2 Questions and answers, VERIFIED/| latest update 2024/25|
- Exam (elaborations) • 102 pages • 2024
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Available in package deal
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- $11.49
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RECA Commercial Unit2 Questions and 
answers, VERIFIED/ 
Commercial real estate assets have a number of attributes that make them unique relative to other 
types of investments. These attributes include the following: (x10) - -1. They involve land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expensive 
5. They are long lasting 
6. Highly regulated 
7. have a long production cycle 
8. are management intensive 
9. are heterogeneous 
10. Involve measuring return...
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