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Colibri real estate express chapter 8 Questions and Answers 100% Pass

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Colibri real estate express chapter 8 Questions and Answers 100% Pass Which of the following is NOT a characteristic of land? A. It is permanent. B. It is destructible C. It is unique. D. It is immobile - Answer- B. It is destructible Which of the following is included in the bundle of rights inherent in ownership? A. To inherit B. To tax C. To transfer D. To vote - Answer- C. To transfer Which of the following is a descriptive, non-legal term for a group of two or more people who c...

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Real Estate Principles Final Exam Colibri Questions and Answers 100% Pass

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Real Estate Principles Final Exam Colibri Questions and Answers 100% Pass Long Beach salesperson Eric Janey is providing sellers Julie and Zach Roberts with the necessary disclosures they must be given upon the sale of real property. Which of the following is NOT a disclosure that is given upon the sale of real property? - Answer- Mold Disclosure Required Lead-based Paint Disclosure Required Natural Hazards Disclosure Required Radon Detection Test Disclosure - NOT REQUIRED IN CA Escrow ...

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Colibri Real Estate Exam Questions and Answers 100% Correct

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Colibri Real Estate Exam Questions and Answers 100% Correct Buyer's Market - Answer- A situation in the housing market when there are many homes available for sale, but few buyers. Cost of Money - Answer- The interest rate that people or businesses must pay to use another's money for their own purposes. Economic Base - Answer- The main business or industry in an area that supports and sustains the community. Inflation - Answer- An increase in the cost of goods or services or too many p...

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Colibri Real Estate Chapter 4 Unit 1 Questions and Answers 100% Pass

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Colibri Real Estate Chapter 4 Unit 1 Questions and Answers 100% Pass What five economic characteristics affect the value of land in the marketplace? - Answer- Demand Utility Scarcity Transferability Situs What are the three physical characteristics of land? - Answer- Immobile or permanent Indestructible Non-homogeneous or unique Explain the differences between the legal concepts of land and real estate. - Answer- Land encompasses the surface of the earth, whatever is below the surfac...

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Colibri FL Real Estate License Ch. 1 Questions and Answers 100% Pass

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Colibri FL Real Estate License Ch. 1 Questions and Answers 100% Pass Appraisal - Answer- An estimation of value. It is done by appraisers using specific techniques. Done to: obtain a loan, insurance value, divorce settlement or capital gain. Broker Price Opinion - Answer- An opinion by a local expert of the of the value of a property based upon properties recently sold in the market. Comparative Market Analysis (CMA) - Answer- A method of valuing homes that looks not only at recent home ...

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