Gold Coast Real Estate Ch 1 - 19 Review | 100% Correct Answers | Verified | Latest 2024 Version

What does the term farming refer to in real estate - specializing in one geographic area A developer contracts to build a home according to the buyers specifications. This is an example of which type of building? - custom Planned unit development - cluster zoning; are allowed a certain percentage of the development to include smaller than normal lots or zero lot line and patio homes to be built Buffer zone - a planned neutral space between two different zoning categories that are often built into a planned community (PUD) county taxes are 6 mills, city taxes are 8 mills, and school board taxes are 7 mills. If homestead property is assessed at 110,000, what are the annual taxes? - a. $1,316 b.$1,435 c. $1,880 d $2,310 The federal, state, and local governments all play a role in the regulation of real estate. Where would the local government have the most impact? - property taxes, building moratoriums, and zoning The federal, state, and local governments all play a role in the regulation of real estate. Where would the federal government have the most impact? - Civil rights enforcement and monetary policy Real estate licensees are expected to be knowledgeable in all of the following areas - Marketing Valuation Property