Which of the following would be considered an intermediate goal? a. metes and bounds Lots and blocks are appox. C. It creates an agency relationship. Agricultural land - Wikipedia Her broker has asked her to be available for tasks in the field rather than in the office. But, if yields and labor productivity do not increase it will have far-reaching consequences for global poverty, and protection of the environment. a. to protect the buyer by showing the size of the lot Read about productivity in the workplace and how productivity impacts investments. That includes Randy Newman, who sings about his hometown.1:A nickname of a place can have the following functions except .Abuilding up identityBentertainmentCbringing pride to the localsDuniting surrounding cities2:The underlined sentence can best be replaced by .AYour trip to Los Angeles is not perfect if you miss . a. a series of wire links each 7.92' long B. 70- Which of these items would be a credit to the buyer on the settlement statement? On the other hand, land is the most significant investment for a real estate venture. B. Nicknames for Los AngelesA nickname is a shortened form of a person's Tell the sellers exactly how she feels and why she thinks the offer is not a good one. c. the section lines must be clearly noted The size of agricultural property tax exemptions varies from state to state because property taxes aren't administered at the federal level. 73- Which of these is not a buying signal? B. c. eminent domain 8- When considering making a loan to a borrower, which of the following factors would probably exert the least amount of influence on the lender? 18- In a transaction that involves the purchase of a business, what document functions in the same way as the deed in a personal real estate transaction? If Broker Tom procures a buyer for Jack, Tom will get the commission and Alice will not. Sample Final Exam for California Real Estate Practice Questions with no The right to construct and maintain tunnels, subways, subcellars, pipelines, sewers, etc. is the definition of _________ rights. Our World in Data is free and accessible for everyone. ", U.S. International Trade Commission. A. Is equal for each year over the life of the property, C. Is high during the first five years of the ownership period, then reduces gradually over the life of the property, D. Varies according to the expired life of the improvements made to the property. By increasing crop yields we can reduce the amount of land we use for agriculture. 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. A survey would reveal all of the following about a property EXCEPT: 10. 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. B. a. What test would determine the ground's ability to absorb water? It can also refer to market, industry, and business fragmentation. A. While land is an essential component of most ventures, its importance can diminish or increase based on industry. Last year, about 25% of his income came from sales commissions. Agricultural land includes all of the following EXCEPT which? C. Neither Sarah nor Ken can get employer-provided health insurance. a. putting more land into production b. increasing the yield of land under cultivation. c. meridian d. assemblage, 39. A. . The metes and bounds form of land description uses: 2. a township contains how many square miles? Her asking price was $560,000 and the property sold for $575,000. c. 66 feet \end{matrix} 97- Buyer Randy makes an offer to purchase one of Broker Toms listings on June 15. How many acres are there in 2 parcels of land described a SW 1/4 and the NW 1/4 of the SE 1/4? The federal financial institutions regulatory agencies directly involved in fair lending include all of the following EXCEPT, The primary purpose of USPAP is to protect. What kind of agreement is this? D. Understanding characteristics of the rental market. 30.4 They have $20,000 for a down payment and assumed the sellers mortgage of $75,000. Demand analysis in a market indicates that 15 houses per month can be sold in the market. Their first mortgage will get paid off immediately. 78- Nancy bought her home last year for $425,000. b. meridians d. a showing of the property's boundaries to scale, a. an identification of the grantor and grantee, 27. It must be in writing to be enforceable. The three methods used to legally describe land are: earnings equal sales minus the cost of sales What should Alice do? where c=h/mc\lambda_c=h / m cc=h/mc is the Compton wavelength of the electron and =ke2/c\alpha=k e^2 / \hbar c=ke2/c is the finestructure constant. Crop yields might seem far from being one of the worlds largest problems. D. The date Abby makes the request to receive the booklet. C. The date the lender receives her application. He sells this right to nearby Property Owner B who wishes to develop his property into additional lots. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Which winds steer hurricanes that form in the Atlantic Ocean toward Florida? Costs directly related to the . D. Have the prospects sign the disclosure about agency relationship. Production, such as manufacturing, can be tracked by certain indexes, including the ISM manufacturing index. A. A. crop rotation C. Consider child support payments in the decision. In the chart here we see a global map of land used for arable agriculture (as a share of total land area). (e) 6.61027m6.6\times10^{-27}\;\mathrm{m}6.61027m. Your property, which consists of a house and lot, is valued at $244,000. The main cause of undernutrition and food insecurity globally is lack of available food. Land Use - Our World in Data c. 25 acres D. Brenda has not violated any fiduciary duty. Which statement is true? -pesticides kill prey thereby causing predators to starve or migrate. In the above question, the increased value created by the assemblage is called: After the crisis, China experienced a multi-year growth cycle, and its manufacturers invested in robots to improve productivity at their facilities and meet growing market demands. a) construct an influence diagram that relates these variables c. highest and best use The factors of production are land, labor, capital, and entrepreneurship. However, money is not a factor of production because it is not directly involved in producing a good or service. You can specify conditions of storing and accessing cookies in your browser. Absolute advantage allows an entity to produce a greater quantity of the same good or service with the same constraints than another entity. During this interim period, grant makes monthly rent payments and the owner accepts them. You will also have to pay 2.75 points on the loan. 98- Grant moves into his new office space while he awaits the completion of the negotiations of the lease terms. B. c. it is a document used to record the subdivision of land, 11. C. Insurance agents dealing with customers. Land as a factor of production can mean agriculture and farming to the use of natural resources. 10- Which of the following prospecting techniques do you have to use carefully because it has tended to upset people in recent years? How many acres is that? The S 1/2 of the NW 1/4 of the SW 1/4 of section 14 is how many acres. 88- Sally and Dan must pay 2 points on their new $65,000 loan. d. benchmark, 30. HINT: Round the acreage amount to two decimal places, An appraisal report is defined as the ____________ communication of an appraisal; the document transmitted to the __________upon completion of an appraisal assignment.. Agricultural Leases Overview - National Agricultural Law Center Pastures are those lands that are primarily used for the production of adapted, domesticated forage plants for livestock. Availability of multiple listing service, C. Broker-paid advertising and promotion, D. Assistance with filling out disclosures. 160 acres , ided by total investment.. total investment is current assets (inventories, accounts receivables and cash) plus fixed assets. Property Owner A has the right to develop his property into 10 lots. Entrepreneurship refers to the initiatives taken by entrepreneurs, who typically begin as the first workers in their firms and then gradually employ other factors of production to grow their businesses. These claims are overblown, but soil erosion is a problem and we can do something about it. c. recorded plat Each of their payments is for the same amount. 66- When doing a listing presentation which of the following items would you not describe to the owners as being a benefit of listing with an agent? Ownership of the factors of production also differs based on the economic system. It can be considered an employment contract. A. 20- Which of the following would not be an essential component when researching the purchase of an apartment building? Practice Questions with no Answers for Preview, >ALL Real Estate Practice Class Questions with Answers & most with Explanations. Within the software industry, labor refers to the work done by project managers and developers in building the final product. Deforestation can include clearing the land for farming or livestock, or using the timber for fuel . B. t46810121416T48465157626871\begin{matrix} a. erosion C. Discuss alternative properties that may be interest. 63- Jennys home appraised for $550,000. 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The greater a firm's or country's TFP, the greater its growth. In socialist systems, the government (or community) often exerts greater control over the factors of production. 60- Seller Tom has an agreement with Broker Bill, Broker Jim and Broker Joe. A net listing is illegal in all states. The Census of Agriculture is a complete count of U.S. farms and ranches and the people who operate them. Chapter 4 PAS 2 Inventories docx - CALAMBA CAMPUS, BRGY - StuDocu 62- When agent Hal shows a home he should never: A. A. Orchards. All of the following statements about the US government survey system are true except: How many acres is that? 2240 acres B. (95, 93, 120, 94, 93, 129). Practice Questions with no Answers 33- Which statement is true about a loan that has a negative amortization? For the early political economists, labor was the primary driver of economic value. 85- Which paragraph of the purchase agreement states that the balance of the purchase price will be deposited into escrow prior to closing?