56- Which is not a true statement about the Agency Disclosure? B. Give a discount to families with children. 33- Which statement is true about a loan that has a negative amortization? Here are all the sales in your area in the last 4 months. D. Write advertisements and promotional materials with the approval of the licensee and supervising broker. Electronic Data Interchange for transmitting appraisal reports became popular in the (date). What kind of listing agreement does Alice have with Jack? When he coded the minimum viable product himself, Zuckerbergs labor was the only factor of production. Goodwill is an intangible asset that results from the reputation of the business. (95, 93, 120, 94, 93, 129). 3400 acres The price expected for a whole property, e.g., a house, or a part of a property, e.g., a plumbing fixture, that is removed from the premises usually for use elsewhere is the definition of ____________ value. Which of the following statements is true? He sold the building for $1,000,000 and paid $60,000 in commission to the broker. 59- Which of the following is a sellers request that an agent cannot honor? 88- Sally and Dan must pay 2 points on their new $65,000 loan. Which form of legal land description describes a parcel by enclosing it? What kind of mortgage are they looking for? D. Seeking buyers for others agents listings. The adjusted cost basis of the first home was $140,000. The definition of factors of production in economic systems presumes that ownership lies with households, who lend or lease them to entrepreneurs and organizations. Along the same lines, desks and chairs used in an office are also capital. d. appreciation, 40. Calculate the de Broglie wavelength associated with a helium-4 atom (4.00 amu) moving at 3.0106m/s3.0\times10^6\;\mathrm{m/s}3.0106m/s. The size of agricultural property tax exemptions varies from state to state because property taxes aren't administered at the federal level. Copyright - CaliforniaRealEstateExamAnswers.com - 2023 -, >Example Final Exam for R.E. What is the median of these numbers: 19, 11, 64, 36, 81, 22, 35, 95? Practice Questions with no Answers for Preview, >Practice Exam for R.E. You have the permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. d. to make sure the improvements are constructed on the mortgaged lot, d. to make sure the improvements are constructed on the mortgaged lot, 33. 62- When agent Hal shows a home he should never: A. Installation of central air conditioning, D. Addition of a tenant laundry facility. 90- Marsha has been keeping track of the effectiveness of her advertising campaigns. The area is characterized by the presence of agricultural land intended for parking serving the Fiumicino airport, located in the vicinity, along the SW slope with the Leonardo Da Vinci airport, to the SE with the A91 motorway Rome Fiumicino motorway, to the to the NW with other land and some commercial/craft activities and to the NE with a . In the 1970s, who developed uniform rules for mortgage underwriting? b. A lot measures 178 feet by 464 feet. and hydroxide ion in ethyl alcohol at 330K, C2H5Br(alc)+OH(alc)C2H5OH(I)+Br(alc)\mathrm { C } _ { 2 } \mathrm { H } _ { 5 } \mathrm { Br } ( a l c ) + \mathrm { OH } ^ { - } ( a l c ) \longrightarrow \mathrm { C } _ { 2 } \mathrm { H } _ { 5 } \mathrm { OH } ( I ) + \mathrm { Br } ^ { - } ( a l c ) During the time Sam owned the property he paid $350 per year in taxes, $150 per year on maintenance like grass cutting and $90 per year on miscellaneous expenses. D. The selling agent must provide the disclosure to the buyer as soon as practicable prior to the execution of the buyers offer to purchase. A. Mike has changed jobs six times in the past six months. 43- The Equal Credit Opportunity Act (ECOA) requires lenders to: A. 29- Which of the following is not a good direct mail technique? After the crisis, China experienced a multi-year growth cycle, and its manufacturers invested in robots to improve productivity at their facilities and meet growing market demands. D. The interest payment is always smaller then the amount allocated to the principal. Similarly, the use of kiosks in self-serve restaurants can help firms cut back on their labor costs. Understanding the kind of responses your advertising generates, D. Being able to anticipate the callers requirements. A facade easement is a type of_______________ easement. Land, labor, and capital as factors of production were originally identified by early political economists such as Adam Smith, David Ricardo, and Karl Marx. The European state model includes all of the following except: A. a clearly and legally defined territory B. a population governed from a capital city C. a representative government D. a high level of urbanization 2. In appraisal, the concept that a higher-priced property will be worth less in a lower-priced neighborhood than it would in a neighborhood of comparable properties is the definition of the principle of. (95, 93, 120, 94, 93, 129), A right or interest in property is a(n). For people and planet, it's one of . Her asking price was $560,000 and the property sold for $575,000. \text{t} & \text{4} & \text{6} & \text{8} & \text{10} & \text{12} & \text{14} & \text{16}\\ The Federal Reserve can influence the level of economic activity by. A. 65- Which of the following items is usually not prorated at closing? For the early political economists, labor was the primary driver of economic value. A. Their first mortgage will get paid off immediately. C. The seller did not disclose the problem on a sellers disclosure form so Pam is off the hook. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. All of these factors contribute to the food shortages in Developing countries except, increased mortality of infants and children. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). d. lien, 35. Agricultural Systems is an international journal that deals with interactions - among the components of agricultural systems, among hierarchical levels of agricultural systems, between agricultural and other land use systems, and between agricultural systems and their natural and social environments. This topic page can be cited as: All visualizations, data, and code produced by Our World in Data are completely open access under the Creative Commons BY license. A. John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, David N. Shier, Jackie L. Butler, Ricki Lewis, Nursing Fundamentals- Medication Administrati. Why is the Schroendinger equation not valid for relativistic particles? A. 51- Which statement is true about a homeowners exemption? You will also have to pay 2.75 points on the loan. 58- Mortgage lenders are prohibited from discriminating in giving credit to prospective borrowers based on race, color, religion, national origin, sex, marital status, age or dependency on public assistance under which law or regulation? Finally, capital refers to the cash, equipment, and other assets needed to start or grow a business. 4 Factors of Production Explained With Examples, Fiscal Year: What It Is and Advantages Over Calendar Year, How a General Ledger Works With Double-Entry Accounting Along With Examples, Just-in-Time (JIT): Definition, Example, and Pros & Cons, Net Operating Loss (NOL): Definition and Carryforward Rules, NRV: What Net Realizable Value Is and a Formula To Calculate It, No-Shop Clause: Meaning, Examples and Exceptions, Operating Costs Definition: Formula, Types, and Real-World Examples, Operating Profit: How to Calculate, What It Tells You, Example, Production Costs: What They Are and How to Calculate Them, What Is a Pro Forma Invoice? A. Prices have been increasing at the rate of 8% per year. A. The land that is least conducive to agriculture is sandy soil. The area is characterized by the presence of agricultural land intended for parking serving the Fiumicino airport, located in the vicinity, along the SW slope with the Leonardo Da Vinci airport, to the SE with the A91 motorway Rome Fiumicino motorway, to the to the NW with other land and some commercial/craft activities and to the NE with a . D. The monthly payments increase overtime. The length of the front of a lot on the street is referred to as the lot's: B. Costs directly related to the . c. lien the appraisers value opinionthe borrowers estimate of valuethe square footage of the homenone of these. The proportion of the land base in agricultural uses has declined from 63 percent in 1949 to 51 percent in 2007. The metes and bounds form of land description uses: 2. a township contains how many square miles? The health of soil is a primary concern to farmers and the global community whose livelihoods depend on well managed agriculture that starts with the dirt beneath our feet. 52- Which statement is true about a listing contract? a. seller ", Starbucks Coffee Corporation. The loan will be distributed to them gradually. Certain homeowners may qualify for a $10,000 exemption. The Haleys want to get a mortgage that will cover the purchase price plus all the furnishings. Because entrepreneurs are vital for economic growth, countries are creating the necessary framework and policies to make it easier for them to start companies. c. 2 townships A net listing is illegal in all states. c. meridian c. Lot 2 block M, Lincoln wood subdivision, missoula country, MT 59802 Which winds steer hurricanes that form in the Atlantic Ocean toward Florida? The principle of supply and demand states that the price of a commodity, good, or service varies __________, but not necessarily _____________, with demand. Image by Sabrina Jiang Investopedia2020, Absorption Costing Explained, With Pros and Cons and Example, What Is an Amortization Schedule? How would Grants lease at this time be classified? c. accretion d. it is used to describe lots in a subdivision, b. the description is imperfect if it does not end at the point of beginning, 24. b. the description is imperfect if it does not end at the point of beginning a. A developer of a shopping center buys three adjoining lots for $124,000, $75,000 and $111,000 creating a single parcel worth $420,000. b. c. eminent domain The buyer was responsible for making the discovery, so Pam is therefore liable. The right held by the lessee to use and occupy real estate for a stated term and under the conditions specified in the lease is the definition of. Under no circumstances, however, is labor owned by firms. These include any resource needed for the creation of a good or service. What kind of lease does Jim have? How Cash Books Work, With Examples, Cost of Debt: What It Means, With Formulas to Calculate It, Cost of Equity Definition, Formula, and Example, Cost-Volume-Profit (CVP) Analysis: What It Is and the Formula for Calculating It, Current Account: Definition and What Influences It, Days Payable Outstanding (DPO) Defined and How It's Calculated. Which of the following would be PRIVATE restrictions on property rights? 57- Under federal income tax law, the basis for a personal residence is which of the following: C. Exclusive-authorization-and-right-to-sell. The Census of Agriculture is a complete count of U.S. farms and ranches and the people who operate them. The right to construct and maintain tunnels, subways, subcellars, pipelines, sewers, etc. is the definition of _________ rights. disease-resistant crop varieties Practice Questions with no Answers for Preview, >Ch4-6 R.E. What is most likely their main motivation for investing? He pays rent for occupancy, plus maintenance and operating expenses. For modern mainstream (neoclassical) economists, capital is the primary driver of value. The simplot house, Brentwood Subdivision, Sun Rose township, Great Falls MT 59405 Farm and agricultural land can also include: land that is compatible with agricultural purposes and used incidentally for those purposes, not to exceed 20% of the classified land; land on which appurtenances necessary for the production, preparation, or sale of agricultural products if it is in conjunction with the land producing the products; a B. Erosion c. 25 acres \text{T} & \text{48} & \text{46} & \text{51} & \text{57} & \text{62} & \text{68} & \text{71}\\ When appraising an income producing property, you have the following GRMs indicated from comparable sales (122, 159, 132, 126, 122, 173, 152, 126). Depending on its type, an improvement may increase the value of real estate greatly. Generally, Light, warm, dry, sandy soil that is acidic and deficient in nutrients is what you may expect to find in a typical climate. What is the area of the ranch? d. private mortgage insurance, 26. if a property owner had a land survey done on his property it would include all of the following EXCEPT: "IFR Presents World Robotics Report 2020. Secure documents that are public information from the courthouse and other sources available to the public. d. 600 ft, 37. What should Tom do? 6. C. Refuse to accept the offer and check. You have found comparable sales of rural land parcels that indicate the following sale prices per acre: ($930, $775, $1202, $995, $1612, $906). Prove that Cf(z)dz=0\oint_{C} f(z) d z=0Cf(z)dz=0, where f is the given function and C is the unit circle z=1|z|=1z=1. But that is a theoretical construct and rarely the case in practice. c. lot, block, and subdivision resistant to viral diseases, drought, heat, or herbicides. In capitalism, the factors of production are most often controlled by business owners and investors. c. reliction c. easement If you apply for the loan, how much can your maximum monthly payment be? 84- Four years ago, Sam purchased a vacant lot for $10,000. All of the following are similarities between undernutrition and overnutrition except, both involve lack of access to sufficient daily calories. D. I will distribute 200 business cards every month for the next six months. The retail coffee chain needs land (prime real estate in big cities for its coffee chain), capital (large machinery to produce and dispense coffee), and labor (employees at its retail outposts for service). b. the boundaries of the property A. b. accretion The purchase price, plus improvements, C. The fair market value at the time of sale.
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