Landlords Study guides, Revision notes & Summaries

real estate marketsmarkets - correct answer a mechanism for exchange of goods and/or services space markets - correct answer the market for the right to use real estate (both land and buildings) - renting asset markets - correct answer the market for the right to receive cash flows generated by activity in the space market - buying the real property - receiving rent user/rental market - correct answer tenants: source of demand landlords: source of supply rent - negotiated between ...

ACCA F6 Exam Questions and Answers All Correct Furnished Holiday Lettings - definition - Answer-Commercial intent Available >210 days Actually let >105 days Long-term occupation (>31 days) <155 days Furnished Holiday Lettings - Benefits - Answer-UK or EEA Income = earnings Rollover relief Entrepreneurs Relief Gift Relief Loss Relief - c/f against FHL Capital Allowance on furniture Rent-a-Room relief - Answer-£7,500 exempt Landlords main residence Election for 2016...

GEO 793- Geography of Toronto - Final Exam with 100% Correct Answers Gentrification: - answerA process of converting an urban neighborhood from a predominantly low-income renter-occupied area to a predominantly middle-class/higher owner- occupied area. Pros of Gentrification: - answer1) A more esthetically appealing neighborhood 2) Increased public safety 3) Increasing land values 4) Decreased crime rates 5) Decreasing urban sprawl 6) Increasing options for food, retail outlets, and jo...

When reviewing a credit report, landlords typically look at what 3 main elements? - correct answer - Credit score - Account history - Current status of accounts To be useful, a credit report should be current. A report from as little as ______________ does not accurately represent the tenant's current credit situation. It could have changed significantly in that time. - correct answer 3 months ago The credit score is a single number with a descriptor. The numbers typically range...

Relationship of parties - ANSWER When a dispute occurs, courts tend to favor tenants and buyers over landlords and sellers. What does obtaining a survey do - ANSWER Obtaining a survey will clearly define the property and its boundaries and will reveal any potential issues related to those boundaries. lot and block - ANSWER Provides plat references In a real estate transaction in which you represent the seller, your duty to other parties is to ______. Be honest in all matters that d...

Champions Texas Principles of Real Estate 2 Chapter quizzes with Complete Solutions The _____ lists all cash that came into and all expenses incurred by a property during the reporting period. a. Property management agreement b. Bank statement c. Cash flow report d. Leasing agreement c. Cash flow report (chapter 7) When a property is not well-maintained, the result is: a. Preventive maintenance b. Deferred maintenance c. Escalation clauses d. Assignment and sublet b. Defe...

1151 Laws of Agency Questions and Answers Already Passed Most lawsuits involve issues of who did or did not represent whom. The number of lawsuits.. a. are increased b. are decreased c. have stabi d. are not allowed a. are increased We study agency bc: a. the TREC requires people wishing to be licensed take an Agency class b. only brokers study agency c. only attorneys should study agency d. the client is required to take a class in agency a. the TREC requires.... The broker working wit...

classes Fair Housing Amendments Act of 1988 - ANSWER Added Disability and familial status to protected classes. Civil Rights Act of 1866 - ANSWER Federal law granting citizenship to former slaves; passed over Johnson's veto. (Race and Color) Fair Housing Act of 1968 - ANSWER banned discrimination in the rental or sale of housing (Race, color, religion, national origin) Housing and Community Development Act of 1974 - ANSWER added gender (sex) to the protected Real Estate Settlement a...

CIC - Commercial Casualty Institute Exam Questions and Answers 100% Correct Identify the Specific Rights & Responsibilities of the First Named Insured (Objective #1) - Correct Answer ️️ -1- Cancel Policy 2- Receive Notice of Cancellation 3- Make Changes to Policy (with Insurer Consent) 4- Payment of Premiums 5- Payee for Returned Premium Compare and Contrast the Occurrence Form with the Claims Made Form, as to what activates coverage (Learning Objective #2) - Correct Answer ️️ -...

Relationship of parties correct answers When a dispute occurs, courts tend to favor tenants and buyers over landlords and sellers. What does obtaining a survey do correct answers Obtaining a survey will clearly define the property and its boundaries and will reveal any potential issues related to those boundaries. lot and block correct answers Provides plat references In a real estate transaction in which you represent the seller, your duty to other parties is to ______. Be honest ...