Real Estate Principles: A Value Approach – Test Bank | 7th Edition by Ling & Archer | Complete MCQ Collection for Chapters 1–23

Real Estate Principles A Value Approach
7th Edition By Ling ( ch 1 to 23 )

,Table of Contents
PART 1: SETTING THE STAGE
Chapter 1: The Nature of Real Estate and Real Estate Markets


PART 2: LEGAL AND REGULATORY DETERMINANTS OF VALUE
Chapter 2: Legal Foundations to Value
Chapter 3: Conveying Real Property Interests
Chapter 4: Government Controls and Real Estate Markets


PART 3: MARKET VALUATION AND APPRAISAL
Chapter 5: Market Determinants of Value
Chapter 6: Forecasting Ownership Benefits and Value: Market Research
Chapter 7: Valuation Using the Sales Comparison and Cost Approaches
Chapter 8: Valuation Using the Income Approach


PART 4: FINANCING HOME OWNERSHIP
Chapter 9: Real Estate Finance: The Laws and Contracts
Chapter 10: Residential Mortgage Types and Borrower Decisions
Chapter 11: Sources of Funds for Residential Mortgages


PART 5: BROKERING AND CLOSING THE TRANSACTION
Chapter 12: Real Estate Brokerage and Listing Contracts
Chapter 13: Contracts for Sale and Closing


PART 6: TIME, OPPORTUNITY COST, AND VALUE DECISIONS
Chapter 14: The Effects of Time and Risk on Value
Chapter 15: Mortgage Calculations and Decisions


PART 7: FINANCING AND INVESTING IN COMMERCIAL REAL ESTATE
Chapter 16: Commercial Mortgage Types and Decisions
Chapter 17: Sources of Commercial Debt and Equity Capital
Chapter 18: Investment Decisions: Ratios
Chapter 19: Investment Decisions: NPV and IRR
Chapter 20: Income Taxation and Value




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,PART 8: CREATING AND MAINTAINING VALUE
Chapter 21: Enhancing Value Through Ongoing Management
Chapter 22: Leases and Property Types
Chapter 23: Development: The Dynamics of Creating Value




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, MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question. Answers At The End Of Chapter
1) When viewed as a tangible asset, real estate can be defined as the land and its permanent
improvements. Improvements on the land include:
1)
A) fences.
B) walḳways.
C) sewer systems. D) streets.

Question Details
Accessibility : Ḳeyboard Navigation
Accessibility : Screen Reader Compatible
Difficulty : Basic
Gradable : automatic
Learning Objective : 01-01 Provide three alternative definitions for the term real estate.
Source : Chapter 01 Test Banḳ - Static > TB MC Qu. 01-01 When viewed as a tangible...


2) The term real estate is used in three fundamental ways. When real estate is defined as the land
and its improvements, it is being viewed as purely a(n):
2)
A) tangible asset.
B) intangible asset.
C) parallel asset.
D) personal asset.

Question Details
Accessibility : Ḳeyboard Navigation
Accessibility : Screen Reader Compatible
Difficulty : Basic
Gradable : automatic
Learning Objective : 01-01 Provide three alternative definitions for the term real estate.
Source : Chapter 01 Test Banḳ - Static > TB MC Qu. 01-02 The term real estate...
3) The term real estate is used in three fundamental ways. When real estate is defined as a bundle
of rights associated with ownership and the use of the site and improvements, it is




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