A real estate loan payable in periodic installments that are sufficient to pay the
principal in full during the term of the loan is:
A. an interest-only loan
B. a partially amortized loan
C. a straight loan
D. fully amortized loan
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, D.
The N 1/2 of the SW 1/2 of a section contains how many acres:
A. 20
B. 60
C. 40
D. 80
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80
The rent collected on a 9 Unit building is as follows: Three apartments, $550; three
apartments, $600; three apartments, $650. There is a vacancy rate of of 4%, additional
income of $2,400, and annual expenses of $5,000. With a cap rate of 9%, how much
should the buyer pay for this property?
A. $661,244
B. $717,866
C. $698,534
D. $773,422
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A.
Find NOI then Divide by cap rate
, Real Estate law governing advertising applies to all of these EXCEPT:
A. In house notes for showing
B. Multiple listing service (MLS)
C. communications with consumers
D. Social Media
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A. In-house notes for showing are not seen by consumers an so do not
have to follow state or federal laws.
A developer grants a local power company the right to install necessary transmission
lines. This right is an example of a(n)
A) license.
B) easement in gross.
C) easement by prescription.
D) conditional use permit.
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D.
An easement in gross is a company's right to use another's land.
A couple accompanies a property inspector during an inspection of a house on which
they have a contract. The inspector points to a six-inch crack at the corner of a dining
room window. The crack is an example of :
A. A structural defect
B. A patent Defect
C. a latent defect
D. an environmental defect
principal in full during the term of the loan is:
A. an interest-only loan
B. a partially amortized loan
C. a straight loan
D. fully amortized loan
Give this one a try later!
, D.
The N 1/2 of the SW 1/2 of a section contains how many acres:
A. 20
B. 60
C. 40
D. 80
Give this one a try later!
80
The rent collected on a 9 Unit building is as follows: Three apartments, $550; three
apartments, $600; three apartments, $650. There is a vacancy rate of of 4%, additional
income of $2,400, and annual expenses of $5,000. With a cap rate of 9%, how much
should the buyer pay for this property?
A. $661,244
B. $717,866
C. $698,534
D. $773,422
Give this one a try later!
A.
Find NOI then Divide by cap rate
, Real Estate law governing advertising applies to all of these EXCEPT:
A. In house notes for showing
B. Multiple listing service (MLS)
C. communications with consumers
D. Social Media
Give this one a try later!
A. In-house notes for showing are not seen by consumers an so do not
have to follow state or federal laws.
A developer grants a local power company the right to install necessary transmission
lines. This right is an example of a(n)
A) license.
B) easement in gross.
C) easement by prescription.
D) conditional use permit.
Give this one a try later!
D.
An easement in gross is a company's right to use another's land.
A couple accompanies a property inspector during an inspection of a house on which
they have a contract. The inspector points to a six-inch crack at the corner of a dining
room window. The crack is an example of :
A. A structural defect
B. A patent Defect
C. a latent defect
D. an environmental defect
