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- Study guides, Class notes & Summaries
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Exam (elaborations)
Principles 1 Real Estate Champion School Exam Questions and Answers 2024
What are the 4 economic Characteristics of land - ANSWER-1,Scarcity, 2, Modification, 3,Fixity 4, Situs
Scarcity - ANSWER-Supply and demand, When there is shortage of something that and individual wants the price goes up.
Situs - ANSWER-The location of the property or land from an economic not geographic viewpoint. Preference people have based on location. Location Location Location....
Ad Valorem Taxes - ANSWER-Taxes on real properties (according to value)
TRELA Texas Real Estate Li...
Prose1
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Exam (elaborations)
Principles 1 Real Estate Champion School Exam Questions and Answers 2023
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5
March 2023
2022/2023
A+
What are the 4 economic Characteristics of land - Answer- 1,Scarcity, 2, Modification, 3,Fixity 4, Situs
Scarcity - Answer- Supply and demand, When there is shortage of something that and individual wants the price goes up.
Situs - Answer- The location of the property or land from an economic not geographic viewpoint. Preference people have based on location. Location Location Location....
Ad Valorem Taxes - Answer- Taxes on real properties (according to value)
TRELA Texas Real Estat...
millyphilip
$11.99
More Info
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