Real estate u Study guides, Class notes & Summaries

CHAPTER 3 Mortgage Loan Foundations: The Time Value of Money TRUE/FALSE 1. In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 2. One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 3. At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 4. The future value of $800 deposited ...

Real Estate U Test Which of the following leasehold estates is open-ended, as it does not have a termination date? - CORRECT ANSWER Estate at will Which of the following types of easements is obtained by a squatter who uses another's property without the owner's permission - CORRECT ANSWER Easement by prescription In order to obtain an easement by prescription, for how many years must the property by used by the dominant tenement - CORRECT ANSWER 10 years Which of the follo...

REAL ESTATE U FINAL EXAM AND FINAL PRACTICE EXAM LATEST ACTUAL EXAM 450 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

Real Estate U Final EXAM LATEST 2023- 2024 ACTUAL EXAM 350 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ TESTBANK Syndication - CORRECT ANSWER Method of using capital (money) from multiple investors for the common goal of acquiring real estate. Investments are often syndicated in order to allow individuals to invest in properties or projects that are significantly larger than they could afford on their own. Types of Commercial Real Estate Note: Co...

Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023 Assessor - Correct Answer-Any person responsible for the valuation of real property for ad valorum taxation purposes Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, Valuing Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in Exchange An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all taxing authorities In order for an asses...

Real Estate U Final Exam Questions and Answers 2023/2024 Latest Update. Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - Obtained aft...

REAL ESTATE U FINAL EXAM QUESTIONS JOE JACOBS

Real estate class final exam(2023- 2024)With complete updated solution Which of the following cannot be a trustee? - answerCPA The discount points are 3%, which represents $2,700. The buyer down payment is 20%. What is the purchase price of the property - answer100%-20%= 80% $2,700/3%= $90,000 90,000/80%= $112,500 A method of legal description that uses definite property lines and starting points is called? - answerFormal metes and bounds The seller wants to net $175, 000 after paying a 6...

FLORIDA REAL ESTATE U FINAL EXAM LATEST ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+