Ad valorem Study guides, Class notes & Summaries
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NYREI School Exam Questions and Answers Latest Version Graded A+
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NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license 
What is the preferred method of creating an agency relationship? expressed agency 
An amenity purchaser occupies or uses the purchased property 
Condominium units are considered _____ property and are conveyed by _____. real / deed 
A salesperson who is an independent contractor is not subject to withholding r...
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Questions and Verified Answers | Grade A
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Questions and Verified Answers | Grade A Q: Under subchapter E of TRELA the commission has a responsibility to make information available about the commission and its duties in the interest in: Answer: The general public Q: In a real estate transactions who may a licensee represent? Answer: A client Q: What type of real estate market occurs when both supply and demand are low? Answer: Stagnant Market Q: Assume you are a licensee in Texas who...
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MBA 815: Managerial Econ EXAM 1 2022/2023
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Which of the following reduces the potential for sustainable long run industry profits? 
Entry 
 
 
 
Opportunity cost differs from accounting cost because of? 
Implicit costs 
 
 
 
 
Which of the following statements is most likely true regarding economic and accounting profits? 
Economic profits are generally less than explicit costs 
 
 
 
If marginal cost equals marginal revenue at the current production level, the firm is? 
Maximizing profits 
 
 
 
If firms in the pizza industry are earni...
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Real Estate Exam Illinois with Complete Questions and Answers 100% Accurate
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Real Estate Exam Illinois with Complete Questions and Answers 100% Accurate 
 
Real Estate Exam Illinois with Complete Questions and Answers 100% Accurate 
 
Real Estate Exam Illinois with Complete Questions and Answers 100% Accurate 
 
Real Estate Exam Illinois with Complete Questions and Answers 100% Accurate 
 
Assumed Loan - ANSWER-Buying a home as soon as possible 
No Loan origination fee 
Quickest loan for buyers 
 
Ad Valorem - ANSWER-Tax based on value 
 
Avulsion - ANSWER-Sudden washing...
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IAAO Course 300 (2022/2023) Already Passed
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IAAO Course 300 (2022/2023) Already Passed Mass appraisal Systematic appraisal of groups of properties as of a given date using standardized procedures and statistical testing. 
Purpose of mass appraisal Equitable and efficient appraisal of all property in a jurisdiction for ad valorem tax purposes. 
When did first generation computers emerge? The 1950s 
Mass appraisal models may be: Physical, conceptual or mathematical. 
Property valuation models seek to explain or predict what? The market valu...
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ASREB School and State Test Review Questions With 100% Correct Answers.
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How are AZ property taxes charged? - Answer-Ad Valorem 
What does Ad Valorem mean? - Answer-Assessed Value 
How are Arizona Property Taxes paid? - Answer-Levied once, Paid Twice 
When are AZ property Taxes Due? and Delinquent? - Answer-Oct-Nov and March-May (O No More 
Money) 
Who do you pay the property taxes to? - Answer-County Treasurer 
What is the penalty for AZ Property Tax Delinquency? - Answer-16% 
Property Tax Assessment Ratio Residential? - Answer-10% 
Property Tax Assessment Ratio Lan...
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IAAO 101 Exam 2023 	Questions and Answers
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Indirect methods of measuring depreciation - Answer- -Sales comparison (Market Extraction) 
-Capitalization of income method 
 
Financing - Answer- The first adjustment in the sales comparison approach is 
 
Sales Comparison Approach - Answer- A fundamental strength in this approach is that it reflects the actions of the marketplace as well as what by buyers & sellers are actually doing doing and paying. 
 
-Consumer tastes/preferences 
-Consumer income 
-Price of related commodities 
-Consumer ...
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April 2023 Customs Broker Exam Questions With Complete Solutions
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C. Column 29 - Instructions for Preparation of CBP Form 7501 correct answer: In which column on the CBP Form 7501 would you report the AD/CVD CASE Number? 
 
A. Column 27 
B. Column 28 
C. Column 29 
D. Column 32 
E. Column 34 
 
C. 34 - Prep of 7501 Instructions, Column 29, Page 15 (B.) AD/CVD CASE correct answer: What is the correct entry type code for a warehouse withdrawal for antidumping/countervailing duties (AD/CVD)? 
 
A. 03 
B. 21 
C. 34 
D. 32 
E. 31 
 
C. Duty 2.4% x $9875.00 = $237...
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Florida Real Estate Exam Prep (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 42 pages • 2024
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Florida Real Estate Exam Prep (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Broker hiding value of property 
Could be charged with concealment 
 
 
 
Q: If office is closed, reopened, in same license period 
 
 
Answer: 
request a reissue- no fee 
 
 
 
Q: real estate taxes are 
 
 
Answer: 
Ad Valorem tax 
 
 
 
Q: The four factors of production 
 
 
Answer: 
land, labor, capital, and entrepreneurial ability 
 
 
 
Q: Maximum number of years on FREC 
 
 ...
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Principles of Real Estate 2 Champion With Complete Solutions
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An opinion of value - ANSWER The appraised value of a property is: 
 
assessed value - ANSWER the amount that your local government determines your property to be worth for tax purposes 
 
subject property - ANSWER The property that is being appraised. 
 
ad valorem - ANSWER according to value 
 
Principle of Conformity - ANSWER Maximum value is found when there is a reasonable degree of similarity or homogeneity 
 
USPAP (Uniform Standards of Professional Appraisal Practice) - ANSWER Standards ...
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