Ad valorem Study guides, Class notes & Summaries

NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license What is the preferred method of creating an agency relationship? expressed agency An amenity purchaser occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. real / deed A salesperson who is an independent contractor is not subject to withholding r...

Indirect methods of measuring depreciation - Answer- -Sales comparison (Market Extraction) -Capitalization of income method Financing - Answer- The first adjustment in the sales comparison approach is Sales Comparison Approach - Answer- A fundamental strength in this approach is that it reflects the actions of the marketplace as well as what by buyers & sellers are actually doing doing and paying. -Consumer tastes/preferences -Consumer income -Price of related commodities -Consumer ...

Texas Principles of Real Estate 1 (2024 / 2025) Exam | Questions and Verified Answers | Grade A Q: Under subchapter E of TRELA the commission has a responsibility to make information available about the commission and its duties in the interest in: Answer: The general public Q: In a real estate transactions who may a licensee represent? Answer: A client Q: What type of real estate market occurs when both supply and demand are low? Answer: Stagnant Market Q: Assume you are a licensee in Texas who...

IAAO Course 300 (2022/2023) Already Passed Mass appraisal Systematic appraisal of groups of properties as of a given date using standardized procedures and statistical testing. Purpose of mass appraisal Equitable and efficient appraisal of all property in a jurisdiction for ad valorem tax purposes. When did first generation computers emerge? The 1950s Mass appraisal models may be: Physical, conceptual or mathematical. Property valuation models seek to explain or predict what? The market valu...

Real Estate Exam Illinois with Complete Questions and Answers 100% Accurate Real Estate Exam Illinois with Complete Questions and Answers 100% Accurate Real Estate Exam Illinois with Complete Questions and Answers 100% Accurate Real Estate Exam Illinois with Complete Questions and Answers 100% Accurate Assumed Loan - ANSWER-Buying a home as soon as possible No Loan origination fee Quickest loan for buyers Ad Valorem - ANSWER-Tax based on value Avulsion - ANSWER-Sudden washing...

How are AZ property taxes charged? - Answer-Ad Valorem What does Ad Valorem mean? - Answer-Assessed Value How are Arizona Property Taxes paid? - Answer-Levied once, Paid Twice When are AZ property Taxes Due? and Delinquent? - Answer-Oct-Nov and March-May (O No More Money) Who do you pay the property taxes to? - Answer-County Treasurer What is the penalty for AZ Property Tax Delinquency? - Answer-16% Property Tax Assessment Ratio Residential? - Answer-10% Property Tax Assessment Ratio Lan...

C. Column 29 - Instructions for Preparation of CBP Form 7501 correct answer: In which column on the CBP Form 7501 would you report the AD/CVD CASE Number? A. Column 27 B. Column 28 C. Column 29 D. Column 32 E. Column 34 C. 34 - Prep of 7501 Instructions, Column 29, Page 15 (B.) AD/CVD CASE correct answer: What is the correct entry type code for a warehouse withdrawal for antidumping/countervailing duties (AD/CVD)? A. 03 B. 21 C. 34 D. 32 E. 31 C. Duty 2.4% x $9875.00 = $237...

Florida Real Estate Exam Prep (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Broker hiding value of property Could be charged with concealment Q: If office is closed, reopened, in same license period Answer: request a reissue- no fee Q: real estate taxes are Answer: Ad Valorem tax Q: The four factors of production Answer: land, labor, capital, and entrepreneurial ability Q: Maximum number of years on FREC ...

An opinion of value - ANSWER The appraised value of a property is: assessed value - ANSWER the amount that your local government determines your property to be worth for tax purposes subject property - ANSWER The property that is being appraised. ad valorem - ANSWER according to value Principle of Conformity - ANSWER Maximum value is found when there is a reasonable degree of similarity or homogeneity USPAP (Uniform Standards of Professional Appraisal Practice) - ANSWER Standards ...

C. The correct entry type code for a warehouse withdrawal for AD/CVD duties is 34. From the Instructions for Preparation of CBP Form 7501 (July 24, 2012): BLOCK 2) ENTRY TYPE Warehouse Withdrawal For Consumption - 31 Quota/Visa - 32 AD/CVD - 34 Quota/Visa and AD/CVD combinations - 38 correct answer: AD/CVD 1. What is the correct entry type code for a warehouse withdrawal for antidumping/countervailing duties (AD/CVD)? A. 03 B. 21 C. 34 D. 32 E. 31 C. You would report th...