B. 75- All but which of the following is NOT an AIDA feature? Which statement is true? When estimating the value of a fireplace in a single-family home, the most important principle is the principle of, changesubstitutionincreasing and decreasing returnscontribution, Normally the first step in highest and best use analysis is to research the uses that are, socially acceptablefinancially possiblelegally permissiblemaximally productive. All of these factors contribute to the food shortages in Developing countries except, increased mortality of infants and children. b. A. Mike has changed jobs six times in the past six months. Sample Final Exam for California Real Estate Practice Questions with no B. A lot measures 178 feet by 464 feet. What is Erosion? Effects of Soil Erosion and Land Degradation C. The seller did not disclose the problem on a sellers disclosure form so Pam is off the hook. a. to protect the buyer by showing the size of the lot B. 95- Who is liable for the withholding on the sale of a property owned by a foreigner? a. A basic homeowner's insurance policy would protect all of the following EXCEPT which one: fire & lightning, earthquake and volcanic action, windstorm and hail, water damage caused by a leaking pipe? What is the process by which a landowner increases his property due to the accumulation of alluvial deposits washed on to his property from other properties? c. front footage What kind of agreement is this? Your property, which consists of a house on a lot, is valued at $186,000. D. The monthly payments increase overtime. The cost of land typically includes all, except a. Grading, filling, draining and cleaning cost b. c. sections D. Pam is has no duty to investigate and may rely on the opinion of a heating professional or home inspector. D. Farms. How to Calculate with Formula, Average Collection Period Formula, How It Works, Example, Bill of Lading: Meaning, Types, Example, and Purpose, What Is a Cash Book? 68- Greg and Joyce have an adjustable rate mortgage on their home. B. Pam is not liable since it was summer and the heating problem was not obvious. Who will pay the points? There are currently 180 houses for sale in this market. Deforestation is the permanent removal of trees to make room for something besides forest. and hydroxide ion in ethyl alcohol at 330K, C2H5Br(alc)+OH(alc)C2H5OH(I)+Br(alc)\mathrm { C } _ { 2 } \mathrm { H } _ { 5 } \mathrm { Br } ( a l c ) + \mathrm { OH } ^ { - } ( a l c ) \longrightarrow \mathrm { C } _ { 2 } \mathrm { H } _ { 5 } \mathrm { OH } ( I ) + \mathrm { Br } ^ { - } ( a l c ) Land improvement c. Land d. Expense; Answer B d. 1/2 mile, 22. Agricultural productivity across Sub-Saharan Africa needs to improve to reduce hunger, poverty, and the destruction of biodiversity. c. accretion This practice is: 24- When talking to his investment clients, Broker Adam often to tax shelters. Understanding the kind of responses your advertising generates, D. Being able to anticipate the callers requirements. . Land and legal Descriptions Flashcards | Quizlet A. Greg Burns is selling his interest in his home to his wife Melanie as part of their divorce settlement. How Do Factor Endowments Impact a Country's Comparative Advantage? a. You can get a loan for 90% of value. c. an encroaching elm tree A farm described as the SW 1/4 of the NW 1/4 of section 7 and the W 1/2 section 8 is how many acres? He paid $100,000 for it, and made $300,000 worth of improvements. A. The lender will allow you to spend up to 28% of your annual income for housing costs, including your mortgage, property taxes, and insurance. What will the new owners pay in property taxes? a. government survey What is the mean of the GRMs? antibiotic application The cost of purchase of inventory does not include a. d. The Jones farm 13 miles west of Clinton, MT, c. Lot 2 block M, Lincoln wood subdivision, missoula country, MT 59802, 31. All other material, including data produced by third parties and made available by Our World in Data, is subject to the license terms from the original third-party authors. 34- Sarah is an employee and Ken is an independent contractor at Kerns Realty. Brenda refuses. disposal of livestock wastes 61- Bill and Sue secured a mortgage loan that is tied to an index which fluctuates over the life of the loan. 2240 acres Explain the meaning of abov Here are all the sales in your area in the last 4 months. If pesticide from a farm runs off into Lake Michigan, which organism in the lake's food chain would test highest for the pesticide? A. high income countries Skilled and trained workers are called human capital and are paid higher wages because they bring more than their physical capacity to the task. gives the FBI jurisdiction over state authorities in certain casesprohibits fraud in real estate transactionsestablishes penalties for any criminal activitiesrequires certain documents to be in writing, prohibits fraud in real estate transactions. The simplot house, Brentwood Subdivision, Sun Rose township, Great Falls MT 59405 Your property, which consists of a house and lot, is valued at $244,000. The right to construct and maintain tunnels, subways, subcellars, pipelines, sewers, etc. is the definition of _________ rights. 12- The second installment of property taxes comes due on: 13- Seller Jim tells his agent Branda that he does not want his home marketed to families with children. After Facebook, the social media site, became popular and spread across campuses, it realized it needed to recruit additional employees. C. Analyzing the income potential of the property. C. Consider child support payments in the decision. a. erosion D. Write advertisements and promotional materials with the approval of the licensee and supervising broker. Under the current qualification criteria, an applicant for Appraiser Trainee must have completed ___ creditable hours of experience. C. Real Estate Settlement and Procedures Act. A. Calculate the de Broglie wavelength associated with a helium-4 atom (4.00 amu) moving at 3.0106m/s3.0\times10^6\;\mathrm{m/s}3.0106m/s. You can say that the land is preserved wilderness, or put it to some kind of agricultural use to save on property taxes. How many acres is that? \text{t} & \text{4} & \text{6} & \text{8} & \text{10} & \text{12} & \text{14} & \text{16}\\ Factors of production is an economic term that describes the inputs that are used in the production of goods or services in order to make an economic profit. 103- Kirk and Sandy obtained a wraparound mortgage. In some cases, all you need is a piece of land that's not currently being used. The three methods used to legally describe land are: The Uniform Commercial Code covers the sale of goods over $________. The modern definition of factors of production is primarily derived from a neoclassical view of economics. d. an easement, a. the water rights reserved by a previous owner, 14. The date Abby receives the good faith estimate. A survey would reveal all of the following about a property EXCEPT: Cultivation of crops on land by farmers increases its value and utility. B. b. a description of the property using metes and bounds ROI is equal to turnover multiplied by earning as a percent of sales. d. accretion, 36. a triangular lot with a base of 300 ft on the street contain 10,000 sq yards What is the depth of the lot? a. erosion b. Deposit the check into his trust fund account on the next business day. The land that is least conducive to agriculture is sandy soil. These include any resource needed for the creation of a good or service. d. recorded plat, us government survey and metes and bounds, d. recorded plat, us government survey and metes and bounds, 18. There are two main uses of agricultural land: arable farming (which is land dedicated to growing crops), and pastureland (which includes meadows and pastures used for livestock rearing). B. 74- Which statement is not true about an agency relationship? What does that mean? Deforestation: Facts, causes & effects | Live Science How many acres are there is the described property? Lot Building area in Fiumicino (Roma) | Gobid.es Which of the following statements is true? In 2012, the latest update to ERS's Major Land Uses (MLU) series, grassland pasture and range uses accounted for the largest share of the Nation's land base, surpassing land in forest uses, which includes grazed forest land, for the first time since 1959.Although the shares of land in different uses have fluctuated to some degree over time . B. I will do two practice listing presentations per week with an experienced agent for the next two months. However, during periods of economic expansion, they invest in new machinery and equipment to bring new products to market. In socialist systems, the government (or community) often exerts greater control over the factors of production. The Haleys want to get a mortgage that will cover the purchase price plus all the furnishings. d. to make sure the improvements are constructed on the mortgaged lot, d. to make sure the improvements are constructed on the mortgaged lot, 33. 7- In the initial meetings with the prospects, the agent should do all of the following except which? What is the key feature of this type of loan? 41- Agricultural land includes all of the following EXCEPT which? 93- Jim has created a nice property flier for the James home. Even an artist involved in making art, whether it is a painting or a symphony, is considered labor. 66- When doing a listing presentation which of the following items would you not describe to the owners as being a benefit of listing with an agent? Prove that Cf(z)dz=0\oint_{C} f(z) d z=0Cf(z)dz=0, where f is the given function and C is the unit circle z=1|z|=1z=1. The area is characterized by the presence of agricultural land intended for parking serving the Fiumicino airport, located in the vicinity, along the SW slope with the Leonardo Da Vinci airport, to the SE with the A91 motorway Rome Fiumicino motorway, to the to the NW with other land and some commercial/craft activities and to the NE with a . disease-resistant crop varieties The majority of GM crops in the United States are regulated by the United States Department of Agriculture. Practice Questions with no Answers for Preview, >Ch4-6 R.E. 23- Jonestown Community Bank refuses to lend money to potential homeowners trying to purchase property in the predominantly Asian neighborhood on the west end of town. Course Review Quiz Flashcards by Taylor Shimp | Brainscape ", Association for Advancing Automation. 104- Lorna and Hal have obtained a growing equity mortgage for their new home. His depreciation was $2,500 per year. A net listing is illegal in all states. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, insurance portfolio management, finance and accounting, personal investment and financial planning advice, and development of educational materials about life insurance and annuities. D. The appraised value prior to sale Why? An illustration of the above is the difference in markets for robots in China compared to the United States after the 2008 financial crisis. She has an access right of way across the property of her neighbor Bob Smith for ingress, egress, and regress. What is the area of the ranch? 1. 30- Being prepared to handle incoming phone calls means all of the following except which? d. 2.5 square miles, 15. 65- Which of the following items is usually not prorated at closing? Which of the following items can Matt not add to the original cost when doing the computation? However, money is not a factor of production because it is not directly involved in producing a good or service. It can be considered an employment contract. The definition of factors of production in economic systems presumes that ownership lies with households, who lend or lease them to entrepreneurs and organizations. d. 600 ft, 37. c. identifying new food sources d. increasing food imports e. all of the above e. all of the following are aspects of commerical agriculture except: a. a heavy reliance on machinery