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Exam (elaborations)

Real Estate Principles: A Value Approach (7th Edition, Ling) – Complete Test Bank with Answers

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This document contains the full test bank for Real Estate Principles: A Value Approach (7th Edition) by Ling, including multiple-choice questions with correct answers for every chapter. It covers foundational real estate concepts such as property rights, estates, liens, easements, market dynamics, valuation, and the roles of government and capital markets. The content is structured for exam preparation, practice, and mastery of chapter learning objectives.

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Real Estate Principles
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Real Estate Principles











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Institution
Real Estate Principles
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Real Estate Principles

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Uploaded on
November 19, 2025
Number of pages
567
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

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TESTBANK FOR Real Estate Principles
A Value Approach 7th Edition BY LING




i a
t h
b u
m

,MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question. Answers At The End Of Chapter
1) When viewed as a tangible asset, real estate can be defined as the land and its permanent
improvements. Improvements on the land include:
1)
A) fences.
B) walkways.
C) sewer systems.
D) streets.

Question Details
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Difficulty : Basic
Gradable : automatic
a
Learning Objective : 01-01 Provide three alternative definitions for the term real estate.
i
Source : Chapter 01 Test Bank - Static > TB MC Qu. 01-01 When viewed as a tangible...
h
2) The term real estate is used in three fundamental ways. When real estate is defined as the
t
land and its improvements, it is being viewed as purely a(n):
u 2)
A) tangible asset.
B) intangible asset.
C) parallel asset.
b
D) personal asset.

Question Details
Accessibility : Keyboard Navigation
m
Accessibility : Screen Reader Compatible
Difficulty : Basic
Gradable : automatic
Learning Objective : 01-01 Provide three alternative definitions for the term real estate.
Source : Chapter 01 Test Bank - Static > TB MC Qu. 01-02 The term real estate...




Version 1 1

,3) The term real estate is used in three fundamental ways. When real estate is defined as a
bundle of rights associated with ownership and the use of the site and improvements, it is
being viewed as purely a(n):
3)
A) tangible asset.
B) intangible asset.
C) parallel asset.
D) personal asset.

Question Details
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Difficulty : Basic a
Gradable : automatic
Learning Objective : 01-01 Provide three alternative definitions for the term real estate.
Source : Chapter 01 Test Bank - Static > TB MC Qu. 01-03 The termreal estate is used...
i h
4) All of the following are examples of an improvement on the land EXCEPT:
4)
A) fences.
t u
B) building.
C) walls.
D) streets.

Question Details
b
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Difficulty : Intermediate
Gradable : automatic
m
Learning Objective : 01-01 Provide three alternative definitions for the term real estate.
Source : Chapter 01 Test Bank - Static > TB MC Qu. 01-04 All of the following are...




Version 1 2

, 5) Real estate is defined as land and its permanent improvements. Which of the following is an
example of an improvement to the land?
5)
A) fence
B) building
C) water and sewer systems
D) personal property

Question Details
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Difficulty : Intermediate
Gradable : automatic
Learning Objective : 01-01 Provide three alternative definitions for the term real estate.
a
Source : Chapter 01 Test Bank - Static > TB MC Qu. 01-05 Real estate is defined as...
i
6) Real estate consists of the physical structures and infrastructure that accompany the land. All
t h
of the following are examples of an improvement to the land EXCEPT:
6)
A) walkways. u
B) the building and parking lot.
C) sewer system.
D) streets.

Question Details
b
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Difficulty : Intermediate
Gradable : automatic
m
Learning Objective : 01-01 Provide three alternative definitions for the term real estate.
Source : Chapter 01 Test Bank - Static > TB MC Qu. 01-06 Real estate consists of the...




Version 1 3
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