Real Estate Virginia definitions Study guides, Class notes & Summaries

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Real Estate Virginia definitions made by Katy Best Graded Exam Questions
  • Real Estate Virginia definitions made by Katy Best Graded Exam Questions

  • Exam (elaborations) • 9 pages • 2024
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  • Attachment - ANSWER-Where a creditor's lawyer asks the court for permission to put a lien or attach to your land or home. Constitutes a lien against real and personal property (that are attached to the land) Gross Rent Multiplier (GRM) - ANSWER-A factor dividing sales price by monthly rental income Buffer zone - ANSWER-A park located next to an apartment complex zoned for single fam homes Income (Cap) Approach formula - ANSWER-dividing the net income by the cap rate Personal propert...
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