Podcast
Questions and Answers
In real estate investment, what is another name for depreciation?
In real estate investment, what is another name for depreciation?
- Cost recovery (correct)
- Intrinsic value
- Leverage
- Liquidity
Which type of property includes office buildings and retail space?
Which type of property includes office buildings and retail space?
- Special use real estate
- Commercial real estate (correct)
- Industrial property
- Residential property
Which factor is least likely to affect demand for real estate?
Which factor is least likely to affect demand for real estate?
- Demographics
- Material costs (correct)
- Wage rates
- Employment levels
What is defined as a claim, charge, or liability that attaches to real estate?
What is defined as a claim, charge, or liability that attaches to real estate?
What form of ownership is employed when one person transfers ownership to someone else to hold and manage for a third person?
What form of ownership is employed when one person transfers ownership to someone else to hold and manage for a third person?
Who cannot take title as a joint tenant with right of survivorship?
Who cannot take title as a joint tenant with right of survivorship?
What form of ownership are the three brothers presumed to have taken?
What form of ownership are the three brothers presumed to have taken?
What advice should the real estate professional offer to two relatives who share a house?
What advice should the real estate professional offer to two relatives who share a house?
What kind of trust is established when a will requires the local banker to take care of the deceased's estate until the deceased's children reach age 25?
What kind of trust is established when a will requires the local banker to take care of the deceased's estate until the deceased's children reach age 25?
What kind of ownership do the horizontal property acts regulate?
What kind of ownership do the horizontal property acts regulate?
What is the BEST option for one of the co-owners of the apartment building to sell their interest?
What is the BEST option for one of the co-owners of the apartment building to sell their interest?
If one of the co-owners sells their interest in the apartment building, what will happen to the ownership status?
If one of the co-owners sells their interest in the apartment building, what will happen to the ownership status?
What type of ownership interest is fee simple ownership of a cottage in a lakefront community?
What type of ownership interest is fee simple ownership of a cottage in a lakefront community?
What is N's role in 'Property Group Partners' based on the provided information?
What is N's role in 'Property Group Partners' based on the provided information?
Which of the following statements reflects a correct understanding of the difference between real property and personal property?
Which of the following statements reflects a correct understanding of the difference between real property and personal property?
Which stick in the bundle of rights gives the farmer the authority to post No Trespassing and No Hunting signs on the property?
Which stick in the bundle of rights gives the farmer the authority to post No Trespassing and No Hunting signs on the property?
What is a right or privilege tied to real property, although not necessarily part of the property, called?
What is a right or privilege tied to real property, although not necessarily part of the property, called?
Why is it necessary for the sales contract to explicitly exclude a rose bush from the sale of a property?
Why is it necessary for the sales contract to explicitly exclude a rose bush from the sale of a property?
