Business > EXAM PROCTORED > Principles Real Estate II- Practice Exam 2 Questions & Answers: Latest Updated (All)
Principles Real Estate II- Practice Exam 2 Questions & Answers: Latest Updateda use of property that is not in agreement with present zoning laws ✔✔ nonconforming use A method of valuing a prop... erty based on the monetary returns it can be expected to produce is the ✔✔ income approach land exempt from real property tax includes ✔✔ government office buildings, parks, schools karl signed a one-year lease on an apartment with a rental agency. He sublet the apartment to Kurt, who defaulted on the sublease. Any action entered by the landlord would be against ✔✔ Karl RESPA prohibits, among other things ✔✔ kickbacks and/or fees for services not actually performed during the closing process when an agent's authority arises form custom in the industry, it is identified as ✔✔ implied authority before a newly constructed building may be utilized by tenants, the owner must secure a certificate of ✔✔ occupancy which of the following leases would be unenforceable in court, unless it was in writing? ✔✔ a three-year commercial lease a broker can indemnify herself against legal actions by those with whom she deals by purchasing ✔✔ errors an [Show More]
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