Complete Test Bank – Real Estate Principles: A Value Approach (7th Edition) – Ling & Archer – All Chapters 1–23 with Verified Q&A

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Test Bank For Real Estate Principles A Value Approach 7th
Edition
By Ling
All Chapters (1-23) |Q&A Verified |Grade A+
ISBN-13. 978-0073046211




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TABLE OF CONTENTS
Chapter 1: The Nature of Real Estate and Real Estate Markets ..................................... 3
Chapter 2 Legal Foundations to Value......................................................................... 19
Chapter 3: Conveying Real Property Interests ............................................................ 42
Chapter 4: Government Controls and Real Estate Markets ......................................... 62
Chapter 5: Market Determinants of Value .................................................................. 88
Chapter 6: Forecasting Ownership Benefits and Value: Market Research ................ 110
Chapter 7: Valuation Using the Sales Comparison and Cost Approaches ................. 132
Chapter 8: Valuation Using the Income Approach .................................................... 160
Chapter 9: Real Estate Finance: The Laws and Contracts.......................................... 185
Chapter 10: Residential Mortgage Types and Borrower Decisions .......................... 199
Chapter 11: Sources of Funds for Residential Mortgages ......................................... 226
Chapter 12: Real Estate Brokerage and Listing Contracts ........................................ 248
Chapter 13: Contracts for Sale and Closing ............................................................... 269
Chapter 14: The Effects of Time and Risk on Value................................................... 290
Chapter 15: Mortgage Calculations and Decisions.................................................... 314
Chapter 16: Commercial Mortgage Types and Decisions.......................................... 339
Chapter 17: Sources of Commercial Debt and Equity Capital ................................... 363
Chapter 18: Investment Decisions: Ratios ................................................................ 389
Chapter 19: Investment Decisions: NPV and IRR ...................................................... 413
Chapter 20: Income Taxation and Value ................................................................... 437
Chapter 21: Enhancing Value Through Ongoing Management ................................. 460
Chapter 22: Leases and Property Types ................................................................... 483
Chapter 23: Development: The Dynamics of Creating Value .................................... 505




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


Question Details
Accessibility : Keyboard 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 Bank - 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):
A) tangible asset.
B) intangible asset.
C) parallel asset.
D) personal asset.


Question Details
Accessibility : Keyboard 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 Bank - 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 being
viewed as purely a(n):
A) tangible asset.
B) intangible asset.


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C) parallel asset.
D) personal asset.


Question Details
Accessibility : Keyboard 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 Bank - Static > TB MC Qu. 01-03 The term real estate is used...


4) All of the following are examples of an improvement on the land EXCEPT
A) fences.
B) building.
C) walls.
D) streets.


Question Details
Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Difficulty :
Intermediate
Gradable : automatic
Learning Objective : 01-01 Provide three alternative definitions for the term real estate. Source :
Chapter 01 Test Bank - Static > TB MC Qu. 01-04 All of the following are...


5) Real estate is defined as land and its permanent improvements. Which of the following is
an example of an improvement to the land?
A) fence
B) building
C) water and sewer systems
D) personal property


Question Details
Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Difficulty :
Intermediate
Gradable : automatic



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