41- Agricultural land includes all of the following EXCEPT which? Our articles and data visualizations rely on work from many different people and organizations. d. lot, block, and subdivision, 21. the NW 1/4 of the NW 1/4 of the SW 1/4 of Section 12 is: The factors of production include land . Twenty years ago, most appraisal reports that were sent electronically were sent using _____ technology; today, most appraisals are sent electronically using a _______ format. During an economic contraction or when they suffer losses, companies cut back on capital expenditure to ensure profits. C. Analyzing the income potential of the property. B. Generally, Light, warm, dry, sandy soil that is acidic and deficient in nutrients is what you may expect to find in a typical climate. d. 2.5 square miles, 15. b. setback d. private mortgage insurance, 26. if a property owner had a land survey done on his property it would include all of the following EXCEPT: The Uniform Commercial Code covers the sale of goods over $________. b. Values increased in that area by 5% the first year and 7% the second year. Electronic Data Interchange for transmitting appraisal reports became popular in the (date). Two months later she purchased and moved into a new home that cost $145,000. a0=mc2c=2cE1=212mc2. b. metes and bounds c. 66 feet Meanwhile, a company that makes its money from building and renting out office space might see land and capital as its most valuable factors. For income tax purposes, the IRS would probably classify Patrick as: 32- Broker Alice has a listing agreement with Jack. Generally, Light, warm, dry, sandy soil that is acidic and deficient in nutrients is what you may expect to find in a typical climate. Trespassing on the domain of another is the definition of, All of the following would be social influences on value EXCEPT, A firm agreement to perform an act, refrain from acting or make a payment or delivery is the definition of, All of the following would be considered to be economic influences on value EXCEPT, interest rateszoningunemployment ratesConsumer Price Index. tomatoes contain a soybean's gene for disease resistance. (95, 93, 120, 94, 93, 129), A right or interest in property is a(n). Tip: to find a certain word or key term, press at the same time, the buttons: 1- The amount that a seller takes away from a sale is termed: 2- Which of the following best describes prospecting? c. accretion Secure documents that are public information from the courthouse and other sources available to the public. b. a description of the property using metes and bounds At first, there was no need for land. a. a radon level test 77- Which of the following Internet pages might not be of particular interest to buyers? 7- In the initial meetings with the prospects, the agent should do all of the following except which? limited use of pesticides, Which of the following is not a problem associated with industrial agriculture? The four components of the Appraiser Qualification Criteria are: qualifying education, examination, experience, continuing education. Broker John puts $500 into his trust account. At the end of the term, the loan balance will be negative. B. b. 435,600 square feet 91- This paragraph of the purchase agreements informs the seller of the buyers right to inspect the property and can cancel or request maintenance based on findings. Accounts payable (decrease). a. 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. What is the median sale price? What is the mean of the GRMs? Land as a factor of production can mean agriculture and farming to the use of natural resources. Entrepreneur Howard Schultz, the companys founder, provided the fourth factor of production by being the first person to realize that a market for such a chain existed and figuring out the connections among the other three factors of production. 62- When agent Hal shows a home he should never: A. A developer of a shopping center buys three adjoining lots for $124,000, $75,000 and $111,000 creating a single parcel worth $420,000. 14- Value includes which of the following aspects? C. Mike has been late with his rent payments seven times in the past year, D. He had a serious physical altercation with his downstairs neighbor. How Cash Books Work, With Examples, Cost of Debt: What It Means, With Formulas to Calculate It, Cost of Equity Definition, Formula, and Example, Cost-Volume-Profit (CVP) Analysis: What It Is and the Formula for Calculating It, Current Account: Definition and What Influences It, Days Payable Outstanding (DPO) Defined and How It's Calculated. It can also refer to market, industry, and business fragmentation. 103- Kirk and Sandy obtained a wraparound mortgage. What is the key feature of this type of loan? Investopedia requires writers to use primary sources to support their work. Instead, it facilitates the processes used in production by enabling entrepreneurs and company owners to purchase capital goods or land or to pay wages. A. 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? C. Payments will not be enough to retire the loan. pheromone traps C. The same amount will go towards the principal every month. a. the water rights reserved by a previous owner Federal Reserve Bank of San Francisco. Claims that the world has only 100, 60, or even 30 years of harvests left often hit the headlines. 41- Agricultural land includes all of the following EXCEPT which? B. B. A. Brenda must follow all of Jims instructions. C. Parks. B. A. Mike has changed jobs six times in the past six months. You have found comparable sales of rural land parcels that indicate the following sale prices per acre: ($930, $775, $1202, $995, $1612, $906). Today, capital and labor remain the two primary inputs for processes and profits. a. none, these are all problems associated with industrial agriculture Find and create gamified quizzes, lessons, presentations, and flashcards for students, employees, and everyone else. 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. C. Payments will not be enough to retire the loan. A Montana ranch is made up of Section 9, 10, 11 and North Half of Section 16. But, if yields and labor productivity do not increase it will have far-reaching consequences for global poverty, and protection of the environment. What is the mean of these numbers: 123.5, 136.2, 162, 188.9, 153.27, 227.98, 16, 342.66, 72.7, 21.55, 168.08? Who has the dominant tenement in this situation? d. recorded plat, us government survey and metes and bounds, d. recorded plat, us government survey and metes and bounds, 18. He sold the building for $1,000,000 and paid $60,000 in commission to the broker. 3. a plat map is used in which type of legal description? C. Use an attractive first-class stamp. A. 96- Which statement is not true about a listing contract? d. assemblage, 39. Land includes any natural resource used to produce goods and services; anything that comes from the land. 73- Which of these is not a buying signal? During this interim period, grant makes monthly rent payments and the owner accepts them. The US government survey uses all of the following EXCEPT: b. an environmental impact statement indirectly, proportionatelydirectly, proportionatelyinversely, directlydirectly, inversely, A business arrangement in which two or more persons jointly own a business and share in its profits and losses is the definition of, limited partnershippartnershipgeneral partnershiptrust. 36- Broker Eric secures a loan for buyer Paul. d. appreciation, 40. B. The ___ has oversight authority over state appraisal boards: Which is not true concerning the highest and best use of land as though vacant? The majority of GM crops in the United States are regulated by the United States Department of Agriculture. USPAP includes performance standards for the appraisal of, real property, personal property, and business/intangible property, What is the mode of the following set of gross rent multipliers? c. There are 36 sections in a township Agricultural land is typically land devoted to agriculture the systematic and controlled use of other forms of lifeparticularly the rearing of livestock and production of cropsto produce food for humans. He sells this right to nearby Property Owner B who wishes to develop his property into additional lots. An illustration of the above is the difference in markets for robots in China compared to the United States after the 2008 financial crisis. 18- In a transaction that involves the purchase of a business, what document functions in the same way as the deed in a personal real estate transaction? The cost of purchase of inventory does not include a. The recent trend of U.S. prime farmland has been a loss of 160,000 hectares per year. However, commentators sometimes refer to labor and capital as the two primary factors of production. a) construct an influence diagram that relates these variables 1. b. 8- When considering making a loan to a borrower, which of the following factors would probably exert the least amount of influence on the lender? "North American Robot Orders Fall 21% in 2008. 50- Harry has some buyers that he believes are ready to make an offer. A problem with the real property market is that the amount of ________ is slow to change. 3- A property manager can refuse to rent to applicant Mike for any of the following reasons except which? The size of agricultural property tax exemptions varies from state to state because property taxes aren't administered at the federal level. D. Avoid negative comments while hes inside the home. Entrepreneurship is the secret sauce that combines all the other factors of production into a product or service for the consumer market. 40- Which of the following phrases should Salesperson Brenda avoid when writing an advertisement for one of her listings? When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. 82- What is the minimum period of time over which the owner of an apartment building can depreciate the improvements? Which of the following statements is true? The principle of supply and demand states that the price of a commodity, good, or service varies __________, but not necessarily _____________, with demand. C. Exclusive-authorization-and-right-to-sell. They sold for: $178,500; $166,000; $172,750; $182,000; $168,000; $174,000; $176,000; $184,000; $170,000; $175,000; $172,000; $181,500. B. b. 52 weeks in a year divided by 2 is 26.1,472 x 26 = 38,27238,272 x .28 = 10,716,16 (28% of the annual income per yr)10,716 divided by 12 (months) =893.01 monthly payments. D. Broker Gina puts $150 into her trust account. Goodwill is an intangible asset that results from the reputation of the business.
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