1 of 543
Term
If all other factors are equal, in which location is a parking lot likely
to bring the highest sales
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industrial zone with heavy remote countryside with no nearby
machinery amenities
, business district zoned for a residential area with single-family
six-story office building homes
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2 of 543
Term
Two lots of the same size are sold on a street. The lot on the corner
sells for $20,000 more than the lot in the middle of the street. Which
of the following characteristics MOST likely explains the price
difference?
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Improvements Assemblage
Situs Plottage
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3 of 543
Term
The pay-off of seller's mortgage would be listed on the settlement
statement as
,Give this one a try later!
Buyer and seller must agree to debit to seller, nothing to
appraised value buyer
amortized loan, ten year term It is terminated
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4 of 543
Term
A type of freehold estate which exists until the death of a certain
specified person is
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1. cash price or amount of the loan
2. amount of down payment
life estate required
3. number, amount, and frequency
of payments
an executory contract unlicensed owners
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5 of 543
, Term
A developer may transfer ownership of the streets and parks in a
subdivision through a
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public dedication broker cooperation
consideration co-operative
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6 of 543
Term
An easement can be terminated by
Give this one a try later!
adverse possession prescription
reconciliation condemnation
Don't know?
7 of 543
Term
If all other factors are equal, in which location is a parking lot likely
to bring the highest sales
Give this one a try later!
industrial zone with heavy remote countryside with no nearby
machinery amenities
, business district zoned for a residential area with single-family
six-story office building homes
Don't know?
2 of 543
Term
Two lots of the same size are sold on a street. The lot on the corner
sells for $20,000 more than the lot in the middle of the street. Which
of the following characteristics MOST likely explains the price
difference?
Give this one a try later!
Improvements Assemblage
Situs Plottage
Don't know?
3 of 543
Term
The pay-off of seller's mortgage would be listed on the settlement
statement as
,Give this one a try later!
Buyer and seller must agree to debit to seller, nothing to
appraised value buyer
amortized loan, ten year term It is terminated
Don't know?
4 of 543
Term
A type of freehold estate which exists until the death of a certain
specified person is
Give this one a try later!
1. cash price or amount of the loan
2. amount of down payment
life estate required
3. number, amount, and frequency
of payments
an executory contract unlicensed owners
Don't know?
5 of 543
, Term
A developer may transfer ownership of the streets and parks in a
subdivision through a
Give this one a try later!
public dedication broker cooperation
consideration co-operative
Don't know?
6 of 543
Term
An easement can be terminated by
Give this one a try later!
adverse possession prescription
reconciliation condemnation
Don't know?
7 of 543
