Business > QUESTIONS & ANSWERS > The CE Shop Review Assessment Answers Already Passed (All)
The CE Shop Review Assessment Answers Already Passed With this type of loan, personal property is included with the real property in the sale. It's commonly seen in commercial real estate, but you ... may also see this in the sale of furnished condominiums. ✔✔Package mortgage Which product's fibers are dangerous when inhaled because they can lodge in the lungs and intestines, causing cancer? ✔✔Absestos Sally and Pete are city dwellers who have always dreamed of living in a rural setting. When Pete inherits a 600-acre cattle ranch from his uncle, they don't waste a moment packing up and moving to the ranch. What category of real estate is their new home considered? ✔✔Agricultural Shannon's rural property in San Diego County has a small stream that runs across one corner where her horses are pastured, and her horses use it as a water source. What's true about this situation? ✔✔Shannon has a riparian right to use the water flowing across her property as a water source for her animals, though she may not divert the water. Which type of subdivision is defined as parcels of land that purchasers own individually, with no commonly owned areas? ✔✔Standard subdivision *Any subdivision that is sold with no common areas and is smaller than 160 acres is considered to be a standard subdivision. Lots can be fully or only partially improved, but must at least have utilities installed. What's the first step an appraiser will perform when conducting an appraisal? ✔✔State the problem Which of the following professional certifications for property managers applies to an individual? ✔✔Certified Property Manager A real estate licensee and his client fulfill the listing agreement, and the agency relationship is terminated. At what point did the agent's fiduciary duty of confidentiality to this client terminate? ✔✔Never A buyer is purchasing a property for $500,000. His lender's loan-t [Show More]
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