Texas Real Estate State Exam /
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durability - it will always be there
Choose matching term
1 Metes and Bounds 2 Section
3 immobility 4 indestructibility
Don't know?
market data or sales comparison,income or
3 Basic approaches to
capitalization method, and replacement cost or
Appraisals
summation approach
3 types of depreciation in Physical deterioration,Functional obsolescence,
cost approach Economic obsolescence
, Terms in this set (163)
4 Characteristics of Value Demand, Utility,Scarcity,Transferability
(DUST)
4 leasehold estates Estate for years, periodic Tenancy, Estate at will, tenancy at
sufferance
Abstract of title complete history of all recorded events affecting the title
Acceleration Clause in the state of default whole amt of principal is due
Accesion Acquiring trade fixtures by non removal prior to termination
of lease
Acre 43,560 square feet
Adverse Possession occurs when property is acquired from the rightful owner
(Squatters rights) through the State of Limitations
Agents duties (OLD CAR) Obedience, Loyalty, Disclosure, Confidentiality,
Accounting, Reasonable Care *Trust is not a duty
Alienation Clause Due on sale clause states balance is due if sold w/o
mortgagee's approval
Annexation Process of attaching personal property to real property
making it a fixture
Appraisers must follow USPAP (Uniform standards of Professional
Appraisal Practice) some lenders require Fannie Mae
appraisal
Appraisers Principles to Highest and Best use, Principle of Substitution,
Value (9) Principle of Conformity, Principle of Increasing and
Decreasing Returns, Principle of Contribution, The
Principle of Regression, The principle of Competition, The
Principle of Change, The Principle of Anticipation
Assemblage or plottage combining several parcels of land into one
Assessed Value value of property for tax purposes
Questions & Expertly Verified
Answers, .
Stretch your brain before your first study session
Learn / Study with Learn
durability - it will always be there
Choose matching term
1 Metes and Bounds 2 Section
3 immobility 4 indestructibility
Don't know?
market data or sales comparison,income or
3 Basic approaches to
capitalization method, and replacement cost or
Appraisals
summation approach
3 types of depreciation in Physical deterioration,Functional obsolescence,
cost approach Economic obsolescence
, Terms in this set (163)
4 Characteristics of Value Demand, Utility,Scarcity,Transferability
(DUST)
4 leasehold estates Estate for years, periodic Tenancy, Estate at will, tenancy at
sufferance
Abstract of title complete history of all recorded events affecting the title
Acceleration Clause in the state of default whole amt of principal is due
Accesion Acquiring trade fixtures by non removal prior to termination
of lease
Acre 43,560 square feet
Adverse Possession occurs when property is acquired from the rightful owner
(Squatters rights) through the State of Limitations
Agents duties (OLD CAR) Obedience, Loyalty, Disclosure, Confidentiality,
Accounting, Reasonable Care *Trust is not a duty
Alienation Clause Due on sale clause states balance is due if sold w/o
mortgagee's approval
Annexation Process of attaching personal property to real property
making it a fixture
Appraisers must follow USPAP (Uniform standards of Professional
Appraisal Practice) some lenders require Fannie Mae
appraisal
Appraisers Principles to Highest and Best use, Principle of Substitution,
Value (9) Principle of Conformity, Principle of Increasing and
Decreasing Returns, Principle of Contribution, The
Principle of Regression, The principle of Competition, The
Principle of Change, The Principle of Anticipation
Assemblage or plottage combining several parcels of land into one
Assessed Value value of property for tax purposes
