Real estate Investments / champions Exam Questions with correct Answers

if you are holding undeveloped land, your goal as an investment is: - correct answer-appreciation land is referred to as _____ because it can be seen touched - correct answer-tangible Formaldehyde gas is: - correct answer-Colorless Local governments can use which of the following to enforce subdivision requirements? - correct answer-Police Power The time limitation on deed restrictions is typically __________ due to changes that render the original restriction irrelevant. - correct answer-25-35 years Which of the following is a rating used for investment opportunities? - correct answer-All of these are ratings used for investment opportunities Which phase assessment defines the steps needed to clean up contaminated areas of a property? - correct answer-Phase III Assessment The ________, authorized in 1954, was the first program of Urban Planning Assistance - correct answer-Subdivision Act