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Exam (elaborations)

REAL 4000 Exam 1 NCPQ's |Questions with Verified Answers

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REAL 4000 Exam 1 NCPQ's |Questions with Verified Answers

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REAL 4000 Exam 1 NCPQ's |Questions
with Verified Answers
What design factor is common in New Urban(ism) planning? - -A focus on
pedestrian safety

- What are your approx. taxes due on a $222,222 market-value property if
the county assesses value at 90%, allows for $75,000 in exemptions, and
charges 8 mills total? - -$1000

- Zoning variances are approved by whom (which entity?) - -Board of
Adjustment

- Urban Sprawl is likely a result of which type real estate market failure? - -
Externalities

- If a city charges a developer $1,000,000 for a permit to install a simple $50
water meter at a new multi-family housing development, the city is likely
using __________ to manage growth. - -Impact Fees

- Per the U.S. Constitution's rules of Eminent Domain and the court rulings
that have followed, Government can only take your property strictly for use
by the public (like a public park or public road). - -False

- How many square feet are in an acre? - -43,560

- Suppose you have a piece of land that is 100,000 square feet in size, has
no setback requirements, has no height restrictions, and is zoned with an
F.A.R. of "2". What can you theoretically build here if you maximize buildable
square footage? - -- A two-story building with 100,000 square foot floors
- A three-story building with one 100,000 square foot floor and two 50,000
square foot floors
- A four-story building with 50,000 square foot floors
- A ten-story building with two 60,000 square foot floors and eight 10,000
square foot floors
- A one-hundred-story building with 2,000 square foot floors

- The Pinckney property in the case is an apartment building - -True

- The seller in the Pinckney case is offering seller financing for at least part
of the purchase amount. - -True

- The main character in the case relies on Zillow.com for some of his
research. - -True

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