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Principles of Real Estate 2 Test Review with Complete Solutions
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Principles of Real Estate 2 Test Review with Complete Solutions The expenses, which a lender incurs while processing a mortgage loan application, are recovered from the borrower as: a. discount points b. an origination fee c. a mortgage insurance premium d. private mortgage insurance ANSWER b. an origination fee Zoning is enforced by: a. building permits b. building codes c. building inspectors d. all the above ANSWER d. all the above Land plus new construction cost minus depreciation is the formula for the a. cost approach b. market data approach c. income approach d. capitalization approach ANSWER a. cost approach
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Principles Of Real Estate 2
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Principles of Real Estate 2
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