This is called: 96- Which statement is not true about a listing contract? For people and planet, it's one of . The purchase price, plus improvements, C. The fair market value at the time of sale. B. Economists consider TFPto be the main factor driving economic growth for a country. For example, a technology company can easily begin operations with zero investment in land. Ownership of the factors of production also differs based on the economic system. A(n) __________ contract is one that is not been fully performed or completed. Erosion He just sold it for $13,000. It does not include land that is predominantly under agricultural or urban land use. d. a setback, 12. D. Have the prospects sign the disclosure about agency relationship. Which of the following best describes a plat? Ask the buyers to sign a real estate transfer disclosure statement. 77- Which of the following Internet pages might not be of particular interest to buyers? Land has a broad definition as a factor of production and can take on various forms, from agricultural land to commercial real estate to the resources available from a particular piece of land. Chapter 1 - Real Property and the Law Flashcards Preview - Brainscape USPAP includes performance standards for the appraisal of, real property, personal property, and business/intangible property, What is the mode of the following set of gross rent multipliers? 80- Which of the following is an example of commingling? This is further explained below. 83- Matt is computing the adjusted cost basis of his apartment building for income tax purposes. A. the radius of the first Bohr orbit and the magnitude of the lowest energy for the hydrogen atom can be written as, a0=cmc2=c2E1=122mc2a_0=\frac{\hbar c}{\alpha m c^2}=\frac{\lambda_c}{2 \pi \alpha} \quad E_1=\frac{1}{2} \alpha^2 m c^2 Find a home that meets FHA requirements. A column of townships running North and South is called a: Even small plots of land - whether rural or urban - growing fruit, vegetables or some food animals count if $1,000 or more of such products were raised and sold, or normally would have been sold, during the Census year. You want to insure it for 80% of value. 58- Mortgage lenders are prohibited from discriminating in giving credit to prospective borrowers based on race, color, religion, national origin, sex, marital status, age or dependency on public assistance under which law or regulation? D. All adjustable rate mortgages have negative amortization. 75 Here are all the sales in your area in the last 4 months. Earthquake and volcanic action A longer mortgage loan term will: Result in lower monthly mortgage payments D. A basis of $140,000 and no taxable gain. Labor refers to all wage-earning activities, such as the work of professionals, retail workers, and so on. During the time Sam owned the property he paid $350 per year in taxes, $150 per year on maintenance like grass cutting and $90 per year on miscellaneous expenses. Prices of properties currently on the market, C. Properties that were listed but did not sell. By increasing crop yields we can reduce the amount of land we use for agriculture. Other grazing lands include woodlands, native pastures, and croplands producing forages. D. The date Abby makes the request to receive the booklet. (e) 6.61027m6.6\times10^{-27}\;\mathrm{m}6.61027m. d. assemblage, 39. C. Mike has been late with his rent payments seven times in the past year, D. He had a serious physical altercation with his downstairs neighbor. real estatesavings accountmoney market fundcertificate of deposit. this analysis can only be applied if there are no existing improvements. When appraising an income producing property, you have the following GRMs indicated from comparable sales (122, 159, 132, 126, 122, 173, 152, 126). Please consult our full legal disclaimer. c. sections "About Us.". Browse over 1 million classes created by top students, professors, publishers, and experts. Federal Reserve Bank of San Francisco. What kind of listing agreement does Alice have with Jack? A. d. to make sure the improvements are constructed on the mortgaged lot, d. to make sure the improvements are constructed on the mortgaged lot, 33. Which winds steer hurricanes that form in the Atlantic Ocean toward Florida? C. Find a lender who is willing to do FHA loans. Electronic Data Interchange for transmitting appraisal reports became popular in the (date). Mark Zuckerberg assumed the risk for the success or failure of his social media network when he began allocating time from his daily schedule toward that activity. c. to protect against liens Which is a true statement? a. redemption Land includes any natural resource used to produce goods and services; anything that comes from the land. Agricultural land is typically land devoted to agriculture, [1] the systematic and controlled use of other forms of life particularly the rearing of livestock and production of crops to produce food for humans. B. c. recorded plat Agricultural Land Includes All of the Following Except Which AP HUG Agriculture 2018 questions & answers for quizzes and tests - Quizizz The area is characterized by the presence of agricultural land intended for parking serving the Fiumicino airport, located in the vicinity, along the SW slope with the Leonardo Da Vinci airport, to the SE with the A91 motorway Rome Fiumicino motorway, to the to the NW with other land and some commercial/craft activities and to the NE with a . A. In 2012, the latest update to ERS's Major Land Uses (MLU) series, grassland pasture and range uses accounted for the largest share of the Nation's land base, surpassing land in forest uses, which includes grazed forest land, for the first time since 1959.Although the shares of land in different uses have fluctuated to some degree over time . Your income is $1,472 every two weeks. pheromone traps a. easement Claims that the world has only 100, 60, or even 30 years of harvests left often hit the headlines. What is Gregs capital gain on the apartment? Inventory (increase). A. Brenda must follow all of Jims instructions. e statement and outline the possible factors that could determine the contextual Variations in the manifestation of entrepreneurship. D. Offer something valuable to the reader. (95, 93, 120, 94, 93, 129), A right or interest in property is a(n). When, is 0.100 M, the rate of disappearance of ethyl bromide is, 1.7107M/s1.7 \times 10 ^ { - 7 } \mathrm { M } / \mathrm { s } Which of the following items can Matt not add to the original cost when doing the computation? Increasing agricultural productivity across Sub-Saharan Africa is one of the most important problems this century, Area of land needed to meet global vegetable oil demand, Area of land needed to produce one tonne of vegetable oil, Cereal yields vs. tractor inputs in agriculture, Change in calorie production as a result of climate change impacts on crop yields, Change in cereal production, yield and land use. Under no circumstances, however, is labor owned by firms. Indicate whether each item is dis d. a showing of the property's boundaries to scale, a. an identification of the grantor and grantee, 27. A. d. accretion, 36. a triangular lot with a base of 300 ft on the street contain 10,000 sq yards What is the depth of the lot? He raised venture capital money to rent office space, hire more employees, and purchase additional server space for development. Question: Knowledge Check 01 Merchandise Inventory includes all of the following except O Goods held for sale Goods located in the warehouse O Goods sold Goods located in an off-site warehouse Show transcribed image text Expert Answer 100% (30 ratings) Answer : Option - C, Goods sold Explanation : Merchandis View the full answer 1. The adjusted cost basis of the first home was $140,000. 56- Which is not a true statement about the Agency Disclosure? A. Ken is responsible for his own taxes, while the broker pays Sarahs. What is the mean sale price? 76- Mark believes he has been discriminated against during his home search. B. 57- Under federal income tax law, the basis for a personal residence is which of the following: a. government survey system b. recorded plat d. The Jones farm 13 miles west of Clinton, MT, c. Lot 2 block M, Lincoln wood subdivision, missoula country, MT 59802, 31. Guide for authors - Agricultural Systems - ISSN 0308-521X - Elsevier Which of these factors would result in a violation of USPAP if the appraiser based his or her appraisal fee on it? a. Meanwhile, a company that makes its money from building and renting out office space might see land and capital as its most valuable factors. 99- All exclusive listing agreements must have, C. A list of personal property included in the sale. These include any resource needed for the creation of a good or service. What is the mean of the GRMs? a. What property type will he be dealing with? ROI is equal to turnover multiplied by earning as a percent of sales. For modern mainstream (neoclassical) economists, capital is the primary driver of value. A. d. encroachment, 13. In zoning, the distance from the street to the front of a house is called: Which entity is responsible for making periodic changes to USPAP? The ___ has oversight authority over state appraisal boards: Which is not true concerning the highest and best use of land as though vacant? 1. The appraiser must avoid mentioning this structure in the report. The four agents of production are land, ________, capital, and _____________. Purchase price b. b. recorded plat, street address, and metes and bounds habitiat fragmentation, none, these are all problems associated with industrial agriculture. A. I will complete the GRI certification in the next four years. What is the meaning of T(12)?T^{\prime}(12) ?T(12)? d. benchmark, 30. What is the median sale price? Deforestation can include clearing the land for farming or livestock, or using the timber for fuel . The rate at which vacant space in a property or a group of properties for sale or lease has been or is expected to be successfully sold or leased over a specified period of time is the definition of a(n) __________ rate. 9- Which California Fair Housing Law Prohibits discrimination based on sexual orientation of source of income? Skilled and trained workers are called human capital and are paid higher wages because they bring more than their physical capacity to the task. Prices have been increasing at the rate of 8% per year. It must be in writing to be enforceable. c. Lot 2 block M, Lincoln wood subdivision, missoula country, MT 59802 On this page you can find all our data, visualizations and writing relating to crop yields. 59- Which of the following is a sellers request that an agent cannot honor? c. lot, block, and subdivision Here are all the sales in your area in the last 4 months. The broker will not provide any. 30- Being prepared to handle incoming phone calls means all of the following except which? D. Avoid negative comments while hes inside the home. A facade easement is a type of_______________ easement. b. the boundaries of the property 435,600 square feet C. A seller can sell his or own home and owe home and owe no commission if he or she signs an exclusive agency listing. c. meridian 90- Marsha has been keeping track of the effectiveness of her advertising campaigns. You can specify conditions of storing and accessing cookies in your browser. What did it sell for per acre? C. Payments will not be enough to retire the loan. A. D. An exclusive listing must always be at least 30 days long. Crop yields might seem far from being one of the world's largest problems. b) define symbols and develop mathematical model, how does a change in each variable affect demand, Explain in details 4 different ways in which Information is Critical to an entrepreneurship, It has been said that entrepreneurship is Contextual and it will manifest differently in different countries and religion. d. 1/2 mile, 22. It sold for $80,000. c. eminent domain A basis of $145,000 and a taxable gain of $3,000, C. A basis of $130,000 and a table gain of $18,000. Brenda refuses. Two years ago, you bought a property for $264,500. resistant to viral diseases, drought, heat, or herbicides. A personal vehicle used to transport family is not considered a capital good, but a commercial vehicle used expressly for official purposes is. Factors of production are the inputs needed for creating a good or service, and the factors of production include land, labor, entrepreneurship, and capital. Tip: to find a certain word or key term, press at the same time, the buttons: 1- The amount that a seller takes away from a sale is termed: 2- Which of the following best describes prospecting? How Cash Books Work, With Examples, Cost of Debt: What It Means, With Formulas to Calculate It, Cost of Equity Definition, Formula, and Example, Cost-Volume-Profit (CVP) Analysis: What It Is and the Formula for Calculating It, Current Account: Definition and What Influences It, Days Payable Outstanding (DPO) Defined and How It's Calculated. earnings equal sales minus the cost of sales 5. Those who control the factors of production often enjoy the greatest wealth in a society. D. The monthly payments increase overtime. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. The main cause of undernutrition and food insecurity globally is lack of available food. d. recorded plat, us government survey and metes and bounds, d. recorded plat, us government survey and metes and bounds, 18. Solved 1. The European state model includes all of the - Chegg c. 8.4 8. 7- In the initial meetings with the prospects, the agent should do all of the following except which? 100- What does the Real Estate Disclosure Law refer to? C. Have keys made for company listings. A. C. Discuss alternative properties that may be interest. 50- Harry has some buyers that he believes are ready to make an offer. B. Pastureland. Cultivation of crops on land by farmers increases its value and utility. However, collective good is the predominating principle in socialism. Variable Cost: What It Is and How to Calculate It, Work-in-Progress (WIP) Definition With Examples, Write-Offs: Understanding Different Types To Save on Taxes, Year-Over-Year (YOY): What It Means, How It's Used in Finance, Zero-Based Budgeting: What It Is and How to Use It, Marxism: What It Is and Comparison to Communism, Socialism, and Capitalism, What Is Productivity and How to Measure It Explained, Fragmentation: Definition, Examples, Pros and Cons in Business, Social Entrepreneur: Definition and Examples, Circular Flow Model Definition and Calculation, Absolute Advantage: Definition, Benefits, and Example, Sustaining Chinas Economic Growth After the Global Financial Crisis, The Industrial Robotics Industry in China: Demand and Domestic Innovation, North American Robot Orders Fall 21% in 2008. A survey would reveal all of the following about a property EXCEPT: 10. This site is using cookies under cookie policy . Accounts payable (decrease). Double-Declining Balance (DDB) Depreciation Method Definition With Formula. All of the following statements about sections as defined in the US government survey system are true EXCEPT: b. a parcel of land is 1/8 mile by 1/8 mile is 40 acres. c. lien Trespassing on the domain of another is the definition of, All of the following would be social influences on value EXCEPT, A firm agreement to perform an act, refrain from acting or make a payment or delivery is the definition of, All of the following would be considered to be economic influences on value EXCEPT, interest rateszoningunemployment ratesConsumer Price Index. Farm and agricultural land can also include: land that is compatible with agricultural purposes and used incidentally for those purposes, not to exceed 20% of the classified land; land on which appurtenances necessary for the production, preparation, or sale of agricultural products if it is in conjunction with the land producing the products; a Read about productivity in the workplace and how productivity impacts investments. How many acres is that? 69- According to ECOA, lenders cannot discriminate against potential borrowers on the basis of all but which of the following? Which is the fullest and most complete type of estate? How Do Factor Endowments Impact a Country's Comparative Advantage? Productivity measures the efficiency of production in economics. It amalgamates past approaches to economic theory, such as the concept of labor as a factor of production from socialism, into a single definition. Estimate its value. At first, there was no need for land. 81- Jake has decided to specialize in working with clients who purchase schools. C. It creates an agency relationship. 98- Grant moves into his new office space while he awaits the completion of the negotiations of the lease terms. An important characteristic of land is that it may be modified or improved at any given time. c. an encroaching elm tree What should Tom do? Help us do this work by making a donation. Capital also follows a similar model in that it can be owned or leased from another party. a. plottage 3. The European state model includes all of the following except: A. a clearly and legally defined territory B. a population governed from a capital city C. a representative government D. a high level of urbanization 2. 93- Jim has created a nice property flier for the James home. 4024 pine street, Missoula, missoula country mt 59801 Chapter 4 PAS 2 Inventories docx - CALAMBA CAMPUS, BRGY - StuDocu