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Real Estate - Test 1

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A market where tenants negotiate rent and other terms with property owners or their managers is referred to as a:
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Terms in this set (70)
A market where tenants negotiate rent and other terms with property owners or their managers is referred to as a:
User Market
The market in which required rates of return on available investment opportunities are determined is referred to as the:
Capital Market
The actions of local, state and federal governments affect real estate values
Through - user markets, capital market and taxation policies
What portion of households owns their house?
Approximately two-thirds
Of the following asset categories, which class has the greatest aggregate market value
Nongovernment real estate
Storm water drainage systems are best described as:
Improvements to the land
Which is the single largest asset category in the portfolio of a typical US household?
Housin
Real estate markets differ from other asset classes by having all of the following characteristics except:
Homogeneous product
Which of the following is not important to the location of commercial properties?
Access to schools
Which of the following attributes of a home are the most difficult to observe and value?
Location Attributes
Which of the following is not a form of property right?
License
Which of these easements is most likely to be an easement in gross?
Power line easement
Rules used by courts to determine whether something is a fixture include all except:
Law of Capture
Which of the following is a titled estate?
Fee Simple Absolute
Fee Simple Conditional
Conventional Life Estate
and Legal Life Estate
Which of these forms of co-ownership could best be described as normal ownership except that multiple owners share identically in one bundle of rights?
Tenancy in common