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Principles of Real Estate 2

Principles of Real Estate 2

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ACEABLE AGENT PRINCIPLES OF REAL ESTATE 2 CORRECT 100%

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    ACEABLE AGENT PRINCIPLES OF REAL ESTATE 2 CORRECT 100%

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  • Amortization - ANSWER The repayment of a loan principle over time Arrears - ANSWER Payment for an item or service after it's received Down Payment - ANSWER The initial payment made when buying something on credit, a ____________ is paid directly by the buyer to the seller Proration - ANSWER The allocation or distribution of an annual expense across smaller chunks of time Acreage - ANSWER A unit of measurement used to determine the size of land; 1 acre = 43560 square feet
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PRINCIPLES OF REAL ESTATE 2 EXAMINATION TEST 2026 COMPLETE QUESTIONS AND ANSWERS GRADED A+

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    PRINCIPLES OF REAL ESTATE 2 EXAMINATION TEST 2026 COMPLETE QUESTIONS AND ANSWERS GRADED A+

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  • PRINCIPLES OF REAL ESTATE 2 EXAMINATION TEST 2026 COMPLETE QUESTIONS AND ANSWERS GRADED A+
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PRINCIPLES OF REAL ESTATE 2 PRACTICE EXAM 2026 QUESTIONS WITH FULL SOLUTIONS GRADED A+

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    PRINCIPLES OF REAL ESTATE 2 PRACTICE EXAM 2026 QUESTIONS WITH FULL SOLUTIONS GRADED A+

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  • PRINCIPLES OF REAL ESTATE 2 PRACTICE EXAM 2026 QUESTIONS WITH FULL SOLUTIONS GRADED A+
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PRINCIPLES OF REAL ESTATE 2 - PRACTICE TEST CORRECT 100%

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    PRINCIPLES OF REAL ESTATE 2 - PRACTICE TEST CORRECT 100%

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  • Property Taxes - ANSWER Based on tax rate and assessed value of the property. Cost Approach - ANSWER estimating property value by determining the current cost of reconstructing the property with improvements, minus the cost of depreciation, plus the value of land itself TALCB - ANSWER What entity appraisers are regulated by. Commercial Property - ANSWER Dependent on other businesses in the area to help
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PRINCIPLES OF REAL ESTATE 2 FINAL EXAM SCRIPT 2026 QUESTIONS WITH SOLUTIONS GRADED A+

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    PRINCIPLES OF REAL ESTATE 2 FINAL EXAM SCRIPT 2026 QUESTIONS WITH SOLUTIONS GRADED A+

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  • PRINCIPLES OF REAL ESTATE 2 FINAL EXAM SCRIPT 2026 QUESTIONS WITH SOLUTIONS GRADED A+
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PRINCIPLES OF REAL ESTATE 2 CORRECT 100%

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    PRINCIPLES OF REAL ESTATE 2 CORRECT 100%

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  • The quarterly interest payment of a loan is $3,600. The interest rate if 6%. What is the loan amount? a) $240,000 b) $24,000 c) $60,000 d) $600,000 - ANSWER a) $240,000 The closing of a real estate transaction in which all the appropriate documents are signed, and the proceeds of the loan are disbursed are known as ___. a) Funding b) Consummation c) Servicing d) Origination - ANSWER b) Consummation
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PRINCIPLES OF REAL ESTATE 2 PRACTICE TEST ACEABLE CORRECT 100%

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    PRINCIPLES OF REAL ESTATE 2 PRACTICE TEST ACEABLE CORRECT 100%

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  • REO - ANSWER What term describes a property that is owned by a lender because a third-party buyer couldn't be found at a foreclosure auction? Real Estate Mortgage Investment Conduit (REMIC) - ANSWER A type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages into pools based on risk, and issues bonds (securities) on these pools to sell to investors in the secondary mortgage market is a(n): a concession - ANSWER Julio considers leasing an apartment un...
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Principles of Real Estate 2 (Exam Review) Questions & Answers(RATED A+)

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    Principles of Real Estate 2 (Exam Review) Questions & Answers(RATED A+)

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  • Math Calculation - Principal, Interest, and Term - ANSWER Principal: the amount of the loan itself Interest: money paid at a particular rate for the use of money loaned to a person or entity Term: the term of the debt obligation(s) Real Estate Transaction Terminology - ANSWER Funding: process of transferring funds to a title or escrow company for disbursement Servicing: includes sending monthly payment statements and collecting monthly payments, maintaining records of payments and...
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Principles of Real Estate 2 Practice Test Aceable Questions & Answers(RATED A+)

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    Principles of Real Estate 2 Practice Test Aceable Questions & Answers(RATED A+)

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  • REO - ANSWER What term describes a property that is owned by a lender because a third-party buyer couldn't be found at a foreclosure auction? Real Estate Mortgage Investment Conduit (REMIC) - ANSWER A type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages into pools based on risk, and issues bonds (securities) on these pools to sell to investors in the secondary mortgage market is a(n): a concession - ANSWER Julio considers leasing an apartment u...
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Principles of Real Estate 2 Champions School of Real Estate Exam

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    Principles of Real Estate 2 Champions School of Real Estate Exam

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  • Principles of Real Estate 2 Champions School of Real Estate Exam appraisal - -appraisers opinion of value principal of contribution - -the value if the property is equal to the sum if the contributory value of each of its component parts. loan to value ratio - -percentage of value or sales price that a lender is willing to finance. desk review - -goes through items as they analyze the appraisal report for completeness and acceptabl
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