Podcast
Questions and Answers
The seller in a transaction is also referred to as the ______
The seller in a transaction is also referred to as the ______
vendor
The sales comparison approach is also referred to as the ______
The sales comparison approach is also referred to as the ______
market approach
Based on the cost approach, what would be the value of this property? The relationship between the amount of a mortgage loan and the lender’s opinion of the value of property pledged to secure payment of the loan is known as the ______
Based on the cost approach, what would be the value of this property? The relationship between the amount of a mortgage loan and the lender’s opinion of the value of property pledged to secure payment of the loan is known as the ______
loan-to-value ratio
The property’s market value minus any debts is known as ______
The property’s market value minus any debts is known as ______
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The process of placing a document on file with a designated public official for public notice is known as ______
The process of placing a document on file with a designated public official for public notice is known as ______
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The primary function of a … is to promote thrift and home ownership
The primary function of a … is to promote thrift and home ownership
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The price paid regardless of pressures, motives, or intelligence is referred to as ______
The price paid regardless of pressures, motives, or intelligence is referred to as ______
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The past series of transactions and documents affecting the title to a given parcel of land is known as ______
The past series of transactions and documents affecting the title to a given parcel of land is known as ______
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The new property in a 1031 exchange is referred to as the ______
The new property in a 1031 exchange is referred to as the ______
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The income approach determines value by applying a capitalization rate to the ______
The income approach determines value by applying a capitalization rate to the ______
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