Leases Study guides, Class notes & Summaries

Real Estate Exam Questions And Correct Answers, With Complete Verified Solution 100% Constructive Fraud Misleading without intention Private Nuisance A nuisance that affects only a single individual or a very limited number of individuals. Public Nuisance An owner's use of land that causes damage or inconvenience to the general public. GI Zone heavy manufacturing zone eligibility VA loan requires a certificate of ________ Escalation Clause real estate contract offer where the buye...

An opinion of value - ANSWER The appraised value of a property is: assessed value - ANSWER the amount that your local government determines your property to be worth for tax purposes subject property - ANSWER The property that is being appraised. ad valorem - ANSWER according to value Principle of Conformity - ANSWER Maximum value is found when there is a reasonable degree of similarity or homogeneity USPAP (Uniform Standards of Professional Appraisal Practice) - ANSWER Standards ...

Which agency in Illinois has responsibility for licensing schools and instructors? Training and Development Department Division of Real Estate Standards Council Advanced Advisory Council - correct answerDivision of Real Estate Which of the following is NOT an activity included in the definition of Broker? Sells, exchanges, purchases, rents, or leases real estate. Negotiates the sale, exchange, purchase, rental, or leasing of real estate. Holds a non-public open house. Engages in the b...

MS Real Estate Exam Correct 100% MREC - ANSWER State agency To regulate licensing of brokers in sales person Broker - ANSWER Anyone who sells, buys, leases, etc. property for a fee Responsible non-resident broker - ANSWER Licensed in another state but no Mississippi license sales person - ANSWER Licensee employed by broker to act on behalf of broker for compensation Unlicensed Assistant - ANSWER Employee not allowed to perform activities requiring license. Purpose of the MREC...

Test Bank for Intermediate Accounting Volume 2 8th Edition Thomas H. Beechy, Joan E. Conrod, Elizabeth Farrell, Ingrid McLeod-Dick, Kayla Tomulka, Romi-Lee Sevel. VOLUME 2 Chapter 12: Financial Liabilities and Provisions Chapter 13: Financial Instruments: Long-Term Debt Chapter 14: Shareholders' Equity Chapter 15: Financial Instruments: Complex Debt and Equity Chapter 16: Corporate Income Tax Chapter 17: Tax Losses Chapter 18: Leases Chapter 19: Post-Employment Benefits Chapter 20: Earnings per...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

Chapter 2: The Human Body in Health and Disease [learning exercises] Exam

Who is required to have areal estate license? - ANSWER Anyone advertising, selling or leasing property on behalf of others or carrying out real estate business on behalf of others. Who is exempt from having a real estate license? - ANSWER 1. Attorneys at law in the performance of primary or incidental duties as such attorneys at law 2. Any person holding in good faith a duly executed power of attorney from the owner, authorizing the final consummation and execution for the sale, purchase, ...

Project Volumes (forecasting stage) - based on expert opinion, stats, historical data, shifts in patient mix, changes in medical staff composition, changes in inflation/reimbursement ratws, expansion/cutbacks, population fluctuations based on economy Steps to creating a budget - 1. project volumes 2. convert volumes to revenue 3. convert volumes into expense requirements 4. Adjust revenue/ expenses as necessary to meet budget margin gross revenue - Rates x Production Unit (Billable test v...

Contract Law (Ans- Contract law, which governs the issuance of insurance policies, is concerned with the obligations agreed upon between parties and stipulated in a contract. Contract law ensures that a contract is legally valid and that the legal obligations of the contract are carried out. For a contract to be legally enforceable in court, there must have been an exchange of value (consideration), mutual agreement of the parties (offer and acceptance) and a legal purpose. Parties to the con...