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Exam (elaborations)

McKissock-Land and Site Valuation with perfect solutions 2024

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_________ is one of the four agents of production in economic theory. correct answersLand Which is NOT a true statement? correct answersThe "Land Appraisal Report" is a Fannie Mae form. Land, as a physical entity, includes all of the following components EXCEPT: correct answersProperty rights For any economic good to have value, all of the following must be present EXCEPT correct answersUniqueness Corner locations are usually beneficial and add value in what type of properties? correct answersCommercial Which of the following is NOT one of the four main categories of market forces that create and sustain value? correct answersUtilitarian Before any wetlands are filled or drained, a nationwide permit (NWP) must be obtained from: correct answersThe U.S. Army Corps of Engineers With non-navigable waters, owners of properties that adjoin the water typically own: correct answersThe land under the water out to the middle A system of protected coastal areas that includes ocean-front land, the Great Lakes and Other Protected Areas is called correct answersCoastal Barrier Resource System The permeability of soil is tested using a __________ test. correct answersPercolation Which is not true about radon? correct answersIt smells like sulphur. A Special Flood Hazard Area would be designated on the FEMA maps as Zone ____. correct answersA or V The first zoning ordinance appeared in correct answersNew York City A(n) ___________ is a partially enclosed body of water where saltwater from the sea mixes with freshwater from rivers, streams and creeks. correct answersEstuary Which agency is in charge of all navigable waterways? correct answersU.S. Army Corps of Engineers

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