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Exam (elaborations)

45 Post Licensing Course| 100 Questions With Accurate

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Under the Americans with Disabilities Act, there must be at least one accessible parking space for every - ANSWER 25 spaces The accessible parking space should be eight feet wide for a car, with a five-foot access aisle. At least one space must be van accessible (eight feet wide with an eight-foot access aisle and at least 98 inches of vertical clearance). The accessible spaces should be the closest available to the accessible entrance. When at least 80% of units in a complex have at least one occupant who is at least 55 years of age, - ANSWER the owners can advertise it as "adults only." " While such communities can legally ban children, they still may not discriminate on the basis of race, color, national origin, religion, sex, or disability. The Civil Rights Act of 1866 prohibits discrimination based on - ANSWER race For many years, the law was not widely enforced, but in 1968, the U.S. Supreme Court upheld the law in the case of Jones v. Mayer. Subsequent court actions requiring compliance with the law have been numerous and successful. What usually happens when a listed property is overpriced? - ANSWER The listing expires. The listing prices of properties that do not sell demonstrate the resistance level of buyers to overpriced listings. In almost every case, the expired listing has been priced too high for the amenities offered. A woman had a fourth bedroom built onto her house last year that cost $75,000. A recent appraisal valued the bedroom at $52,000. This demonstrates the principle of - ANSWER contribution. Any improvement to a property, whether to vacant land or a building, is worth only what it adds to the property's market value. An improvement's contribution to the value of the entire property may be greater or smaller than its cost. Which is NOT a requirement for a successful listing presentation? - ANSWER Must be younger than 60 years old The presentation will be successful only if you:

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45 Post Licensing
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45 Post Licensing

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Uploaded on
February 29, 2024
Number of pages
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Written in
2023/2024
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