VA Real Estate questions with correct answers
The tax base in a jurisdiction is derived by subtracting exemptions from CORRECT ANSWER assessed values A developer put two lots together and sold them as one large lot. The increase in value is referred to as: CORRECT ANSWER plottage A 20-unit apartment building rented for $750 per month. The annual gross income multiplier was 9. What is the value of the property? CORRECT ANSWER 1,620,000 he Virginia Real Estate Board is composed of _______ members who have been licensed real estate brokers or salespersons for at least ____ consecutive years and ____ citizen members CORRECT ANSWER 7 5 2 The terms of VA Real Estate Board members are ____ years in length CORRECT ANSWER 4 Who administers? The Virginia Fair Housing, Condominium and Time-Share Act Common Interest Community Management Information Fund The Virginia Transaction Recovery Fund CORRECT ANSWER VA Real estate board
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- November 9, 2023
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