Question 1

What happens in a lease situation when the landlord or tenant dies and no provision for that has been addressed in the lease?

Accepted Answer

The lease ...

Question 2

An agency relationship must be in writing to be valid.

Accepted Answer

A) True 
 B)False

Question 3

An appraisal is:

Accepted Answer

A)   the precise value of a particular piece of property
B)   the appraiser's opinion of the value of a particular piece of property
C)   the lender's opinion of the value of a particular piece of property
D)   the average of the three methods used to determine value for a particular piece of property

Question 4

Real estate is defined as just the land

Accepted Answer

A) True 
 B)False

Exam 16: Understanding Real Estate: A Comprehensive Guide to Ownership, Rights, and Legalities

An agency relationship must be in writing to be valid.

Correct Answer
verified

An appraisal is:

Correct Answer
verified

What happens in a lease situation when the landlord or tenant dies and no provision for that has been addressed in the lease?

Correct Answer
verified
The lease ...
View Answer

Real estate is defined as just the land

Correct Answer
verified

Exam 16: Understanding Real Estate: A Comprehensive Guide to Ownership, Rights, and Legalities

An agency relationship must be in writing to be valid.

Correct AnswerverifiedShow Answer

An appraisal is:

Correct AnswerverifiedShow Answer

What happens in a lease situation when the landlord or tenant dies and no provision for that has been addressed in the lease?

Correct AnswerverifiedThe lease ...View AnswerShow Answer

Real estate is defined as just the land

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The lease ...
View Answer

Correct Answer
verified