Benzo

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Benzo

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Colibri Practice Test/ 120+ Questions & Answers Also known as the "to have and to hold" the Habendum Clause. This is the clause that describes the rights being transferred. Exceptions and reservations are included in this clause. When a cap rate us

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Colibri Practice Test/ 120+ Questions & Answers/ Terms like: Also known as the "to have and to hold" the Habendum Clause. This is the clause that describes the rights being transferred. Exceptions and reservations are included in this clause. When a cap rate used with income capitalization is high, the following relationship with sales price exists-Answer risk and cap rate are higher, the sales price is usually lower. Cap rate is likened to the risk factor when purchasing an investm...

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