Premium Test Bank - Real Estate Principles: A Value Approach. 7th Edition. By Wayne Archer David C. Ling. (All Chapters, ISBN-)

Test Bank - Real Estate Principles: A Value Approach. 7th Edition.
By Wayne Archer David C. Ling


(All Chapters, ISBN-13 978-1266284960)

,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

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

, Answers Provided at The End of Each Chapters


Chapter 1: The Nature of Real Estate and Real Estate Markets


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) 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):
2)
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.
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...