Reca - Residential Questions & Answers Already Passed!!

4 types of light pollution - -Urban sky glow -Light trespass -Glare -Light clutter Accessibility - -Individuals ability to access a building, move within and independence without barriers. IE Ramps, lifts elevators. Accrual accounting - Recognizes revenues and expenses when the transaction occurs. Adaptability - -How easy it is to change a home to meet a client's need, ie a home to grow old in. Adjustments to CMA - Make adjustments to comparable property. -For features missing from inferior properties (+)add -For features subject properties missing (-) value. Advantages of current RPR + Municipal certificate stamp - -Prevents unnecessary delays on closing transactions. -Assures integrity of information through Land surveyor's liability insurance. -Supports property's marketability. Agreement for Sale - Seller allows buyer to finance the property, helps facilitate the sale when buyer cannot get financing for down payment. -Buyer files caveat on title for interest. -Seller remains as title owner until payment has been made in full.Alberta Township System Description - Meridian/Range/Township/Section/Quarter Section/Legal Subdivision ie. LSD1-17-42-1-W5 (subdivision 1, section17, township 42, range 1, west of 5th Meridian) Amortization - The reduction of a loan balance through payments made over a period of time. Amortization period - The length of time it takes to repay a loan in full based on constant blended payments. Asbestos - Silicate minerals that naturally form in host rocks. -Health risk occur when they become air-born and are inhaled. Assemblage - Purchase of contiguous lots by same buyer(s), with intent to create single larger site with enhanced development potential. -Involves efforts to change applicable land use bylaws if it limits or restricts property owner's intended (re)development of the land.