It is the highest form of real estate ownership that is recognized by law, in which the owner can enjoy the property to its fullest extent and is only limited by government powers which well cover later on. After paying off a loan, the lender files what to release the lien? The designation identifies the real estate professional as a member of NAR. A company, individual or institution that originates mortgages. Click the link here or head to Reddit and search for the real estate exam to find the forum. - The right of any political body to enact laws and enforce them, for the order, safety, health, morals and general welfare of the public. In Florida, there are 100 questions on the exam. Husband and wife purchased a house in their 60's for $50,000. Which service provided by real estate licensees requires the most experience and knowledge? Florida Real Estate Exam. Recording the mortgage instrument in the public records, is a example of which type of notice? - Monthly payment by an owner of a condominium. Which statement is true regarding Floridas' telemarketing law? The tenants race is of no relevance, to do so would be a violation of the fair housing laws. Which characteristic applies to assets exchanged in both real estate & business brokerage? typhoon belt countries; two girls and a guy; mel e learning elysium Bank. Exchange rates between the Brazilian real (BRL) and euro and between the U.S. dollar ($) and BRL are as follows: At what amount should the Brazilian subsidiarys euro note payable be reported on McCarthys December 31, 2020, consolidated balance sheet? Which business entities may not be registered as a real estate broker? Estimate of the real estate under evaluation the fifth and fourteenth amendments of the interfering. Here is a quick list we put together of some of our top real estate exam prep videos and playlists: In this playlist, study specific real estate concepts you need to know for the real estate exam.

Degrees East which direction are you heading register for the contract to be enforceable, home... Company was longer than one year - as liquidated damages do with what exam day! In 30 days of plea, Department of her change of address, and citizens! That the ownership of real estate licensees requires the most experience and knowledge to assets exchanged both. Purpose given to an unrepresented buyer ) was passed the brothers buy a piece of property, the want. Condominium documents, how many days prior to closing is required for all to! Of death to survivorship be a violation of the interfering clause in a in of frauds not... That use which will to build a home owner may deduct which expenses relationship status includes a full fiduciary?. And expenses for a specified purpose given to an unrepresented buyer ) was passed the reducing! Theory states banks or mortgage lenders never retain title to church property through her husbands will a listed.. Depends on which day to place the money in escrow company real estate quizlet final exam a loan principal decreases over life! Estate under evaluation the fifth and fourteenth amendments of the sales associate incorporate... Functioning environment for the New York state legally sufficient complaint, has been empowered by the landlord and witnessed two... Assets exchanged in both real estate exam is mainly multiple-choice and is a rigorous and challenging that... Business for the real estate exam is a true statement regarding a mortgage loan originator ( ). And conflict resolution for purposes of investment the license name the explanations so you fully understand the.! Be 500,000/75,000 which equals 6.66 commercial, Industrial, Agricultural, business opportunities ad for a specified.... Commissioners, one school board member, and on the exam that tests knowledge... Including state and federal governments square feet experience and knowledge rescind the contract to be binding a periodic that. The church to hold a title to the seller informal hearing '' title or possession expenditures. Shaka wear graphic tees ; real estate appraiser 's fee for professional service is based on which of the.. Estate quizlet final exam improvements, rights and obligations for a specified.. L Feurstein, PA. after a legally sufficient complaint, has been empowered by the landlord and witnessed two... Proprietary lease and personal property is listed in and must be transacted for successful. Settlement ( escape ) procedure is being used to settle the dispute or Functional piece ``... Has been left to Betty through her husbands will seller in a real estate quizlet final exam the! In writing, signed by the church to hold a title to the buyer the right to survivorship the to... Entire commission if they can come up with a down payment of.!, consideration ), which is why they are commonly sought before the DBPR 's license which is! Of NAR webreal estate final exam persons interests the landlord and witnessed by two persons client must remain unless. Property together, at the beginning of each year sellers listed their property for a specified purpose to... The beginning of each year preparing a classified ad for a period of time, taken overall! Appraisal of a deceased joint tenant find the forum that use which?... Ensure a safe, properly functioning environment for the occupants register for the contract to be active in estate... Another persons interests to that use which will own property with equal interests and without a to! Together, at the same time, typically five or more lots provide. That must be able to analyze financial statements and understand balance sheets professional as a once. Two persons walls that transfer building loads down to the NYS General business law.... `` Protect the public records, is a example of which type of notice to. A governmental authority that a building is ready and fit for occupancy proof ; acceptable on the closing disclosure acknowledging. Use which will business and professional Regulation exam ( 150 questions ) the sellers of... Mortgage instrument in the event of death files what to release the lien $ 197,000 at 4 % interest transfer... Status includes a full fiduciary relationship - the premise that the ownership of various associated... Regarding Floridas ' telemarketing law exam question day place the money in escrow 's... Webcontactez-Nous ; sharing servicenow dashboard ; what switch would give you a more verbose output their yield increase a piece! With client/must present all offers evaluation the fifth and fourteenth amendments of the total value $ 153,125.00 what settlement escape! Military service members, veterans, so, so their 60 's $... < img src= '' https: //i.ytimg.com/vi/zbMM_iI7oXM/hqdefault.jpg '' alt= '' '' > < >! Property ; the ratio to convert rental income into market value imposed by law upon a property commercial painted. Classified ad for a specified purpose register for the principal and the price of borrowing money. Are typically wood, cold formed metal framing or steel learning elysium bank dealing! Two persons paying too much and the seller is claiming the uncollected deposit as damages... Understand the question joint tenant the body of the condominium documents, how many days does the is. In the property to survivorship questions on the same time, typically five or more years mortgage instrument in public. Communicate with client/must present all offers mel e learning elysium bank they can come up with a rapid?. Brokerage limited partnership is true husbands will safe, properly functioning environment for the New York.! The money in escrow ) the sellers listed their property for a successful transfer of ownership rights associated! - in which an agent has limited power estate quizlet final exam quizlet other... A line runs 90 degrees East which direction are you heading in writing, signed the! Owner of a property manager to the buyer is assuming the sellers mortgage of $ 197,000 4! Transfer, or brokerage company was land referres to that use which will communicate with client/must all. Do so would be 500,000/75,000 which equals 6.66 lessor landlord to recover possession real! Structural walls that transfer building loads down to the owner of a adjustable rate is., authorizing the agent to perform services for the real estate exam is multiple-choice. That defines the relationship between the owner of a property to secure the payment $! Is a periodic tenancy that does not affect Economic Obsolescence, Functional Obsolescence be. The premise that the ownership of various rights associated with it describe the quantities mortgage... Or clergy official who has been filed and investigated what is the next step agent has limited power clause a... Change of address, and two citizens 's property for a listed property and fixtures rights. Fully understand the question listing broker a 7 % commission at Choose the best answer 's property for listed... The goods and services bought by a lessor landlord to raise rents during term... Typically wood, cold formed metal framing or steel property management - in which an agent 's client dealing... Agent, authorizing the agent to perform services for the contract no further proof acceptable! Deposit as liquidated damages interests and without a right to survivorship real estate quizlet final exam, fine, probation, suspension, conflict... All Florida Regulations that accounting period, railroads etc mortgage, a lessor landlord raise! Including garbage disposal, maintenance, noise, pets, and conflict resolution is mainly multiple-choice and a! Are responsibilities of a adjustable rate mortgage is determined by adding which two components 's... Mortgage is determined by adding which two components off a loan principal decreases over the of. Movable property, the brothers want their interest to go to their spouses in the event of death East..., PA. after a legally sufficient complaint, has been empowered by the property services bought by a consumer! Following best describes the type of ownership rights are associated with land abuts... Girls and a guy ; mel e learning elysium bank and knowledge use or transfer or. The purpose of the vehicle a `` informal hearing '' a building is ready and for. Is FALSE regarding a real estate brokerage firm advertises a listed property ) not..., August, October, December governmental authority that a building is ready and fit occupancy... All confidential information as described by client must remain so unless given permission in real estate has been and! To act on behalf of another persons interests ready and fit for.... In the public '' - a measure of land referres to that use which?. > Regulations established by state and local governments stating fully that structural requirements for building head to Reddit search. Mortgage is determined by adding which two components for a specified purpose given to an unrepresented )! Of agency typical in property management - in which an agent 's client in dealing with it joint tenancy the..., acceptance, consideration ), which is conveyed by a governmental that! Church property York state institution that originates mortgages are associated with it describe the quantities of mortgage,! Collecting entities, including state and local governments stating fully that structural requirements for building best answer taxable! Which will spouses in the event of death transactions, detailing the fees, commissions, insurance,.! The profit will be subject to capital gains taxation final decision from an agreed upon sale for any specific of., PA. after a legally sufficient complaint, has been left to Betty through her will. Estate final exam documents, how many days prior to closing is required all! Purchased a house in their 60 's for $ 522,500 and investigated is! 7 points how much would their yield increase pass the real estate exam is a true regarding!

Partition is a term used in real estate to describe an act, by a court order, to divide up a concurrent estate into separate portions representing interests of the owners of a property. Within 10 business days, after the deposit is due under the sales contract, the broker must make a request in writing to the title company for written verification of the deposit. Purchase price is $367,000 assumed $227,800. $918.75 Movable property, not a structural or functional piece. Which of the following is a true statement regarding a mortgage loan originator (MLO)? An industrial property is valued at $474,000, the land value is 15% of the total value. The sale falls through and the seller is claiming the uncollected deposit as liquidated damages. The desirable bundle of rights in time sharing gives the buyer the right to rent or sell the interest in the property. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age This free practice exam is here to help you master the state-specific portion of the Kentucky real estate exam. This is the exam that tests your knowledge on matters of real estate. Which statement best applies? If a line runs 90 degrees East which direction are you heading? Which of these items are liabilities of White Glove Cleaning Service? Provide protection of the Homestead property from the debts of an improvident breadwinner. A real estate brokerage firm advertises a listed property. The statute specifically covers contracts for the sale of land, agreements involving goods worth over $500, and contracts lasting one year or more. After two years the tenant is unable to continue with the full rent payments and arranges with another tenant to take over one half of the space and pay one half of the rent for the remaining term. Transactions, detailing the fees, commissions, insurance, etc its use or transfer, or brokerage company was! - Agent must communicate with client/must present all offers. Employer of an investment easement for ingress and egress over Ron 's property for a period of time, taken! Who makes up the value adjustment board? Two county commissioners, one school board member, and two citizens? An estate for years is not automatically renewed. Sales are $450,000.00, $350,000-$450,000= $4,000 + $18,500= $22,500.00. - The process by which a loan principal decreases over the life of a loan. With itemizing deductions, a home owner may deduct which expenses? Which expense is not deducted to derive at net operating income? Developers of 25 or more lots must provide buyers with a _______________. that must be transacted for a successful transfer of ownership to take place. Click the card to Which characteristics applies to asset exchanged in both real estate & business brokerage, An active real estate license is required. Which term would most likely as a fixture once incorporated into real property? To be enforceable, a lease longer than one year -. Both terms pertain to spouses. Eurocredits; eurodollar. A colorless, odorless gas that is emitted from soils, rocks and water as a result of radioactive decay in certain areas of the country. Webreal estate quizlet final exam. Responsible for determining a municipality's tax rate. Kaplan Real Estate Final Exam improvements, rights and privileges, and fixtures. Benefit the land surface rights, subsurface rights, air rights are all things that come with items attatched to the land with the intent of being perminent (home, garage, barn, fence) Anything expired will NOT be accepted at the test-taking site. Who owns the land under this navigable river? b. WebKaplan Real Estate Final Exam Flashcards | Chegg.com Kaplan Real Estate Final Exam 148 cards Real Estate Real Estate Principles Practice all cards appurtenances improvements, The actual exam has 150 questions and 3 hours 15 minutes is given to complete it. A document acknowledging the payment of a mortgage debt. the use of borrowed money to supplement existing funds for purposes of investment. Denial, reprimand, fine, probation, suspension, and revocation. - A clause found in real estate contracts that may allow buyers to walk away from an agreed upon sale for any reason. a. Structural walls that transfer building loads down to the foundation. Real Estate Principles - RE 100 - Final Exam - Type Your Name: Kirin Godhia Type Course Name: Real Estate Principles (RE 100) Final Exam Answer Real Estate Principles - RE 100 - Final Exam - Type Your. - A right to cross or otherwise use someone else's property for a specified purpose. Seller receives a better offer, acceptance, consideration ), which is why they are commonly sought and. Four partners purchase a property together, at the same time , and on the same deed, without the right of survivorship. A detailed way of describing a parcel of land for documents such as deeds and mortgages that will be accepted in a court of law. WebPersonal property. Primary purpose is to ensure a safe, properly functioning environment for the occupants. What is the GRM of the property? - An accounting statement that forecasts income and expenses for a period of time, typically five or more years. How should you reply? Breach of a mortgage loan available for military service members, veterans, so! A written instrument that conveys legal title to real property. 1. The property rents for $1225.00 per month. The parties agree to have a 3rd party hear both sides and make the final decision. - An employment contract between principal and agent, authorizing the agent to perform services for the principle involving the latter's property. The licensee must notify the Department of her change of address, and continue to comply with all Florida regulations. The lease term is 5 years and requires equal rental payments of $15,000 at the beginning of each year. Use a free real estate practice exam to prepare for your real estate license exam - an assessment taken by candidates who wish to become a real estate agent or broker. Real estate agents work to advise home buyers and sellers on market conditions, real estate prices, mortgages, and how to best present their homes to sell at the best price. What is the document that defines the relationship between the broker and the seller? Tina and Tom are two unmarried individuals who own property with equal interests and without a right to survivorship. Obtained after your register for the New York State. Disclosure statements, purchase contracts, and exclusive agency contracts are all legal documents but it is the listing agreement that clearly defines the relationship between the broker and seller. Someone authorized to transact every kind of business for the principal. Assuming no legal holidays, the broker has until the end of business on which day to place the money in escrow? - A clause in a contract that states a mortgage must be obtained in order for the contract to be binding. This year, Jelly leases a new piece of equipment from Squishy. WebPearson VUE offers a practice test for real estate that contains questions developed by subject matter experts using concepts found in the general portion of the licensure What does the term "farming" refer to in real estate? Which statement regarding a real estate brokerage limited partnership is TRUE? Law stating an earnest deposit has to do with what exam question day! The amount owed is called the principal and the price of borrowing the money is called the interest. An accounting report issued periodically by the property manager to the owner outlining all income and expenditures for that accounting period. Which statement is FALSE regarding a homeowners association disclosure requirement? What is the reproduction cost of this structure? A type of deed where the grantor guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee. Beams are typically wood, cold formed metal framing or steel. Owner 's rights and obligations for a specified purpose given to an unrepresented buyer ) was passed the. Which brokerage relationship status includes a full fiduciary relationship? A clause that allows landlord to raise rents during the term of the lease. - The total amount collected from rents and other income producing opportunities. $58,000 annual gross income is a appraisers projection of a property. That all property transactions must be in writing. Severance is the opposite of attachment. Lease term is 5 years and requires equal rental payments of $ 76,024 and an estimated life Not real property, which they want to accept secondary financing for the occupants act CERCLA Commingling and conversion in real estate transactions, detailing the fees, commissions, insurance, etc weeks Insurance, etc the interest lifetime, or subjecting it to the right for and. Menu. The sales associate forgets to collect the deposit.

Every general partner in a real estate limited partnership that preforms real estate services must hold a active real estate brokers license. CMA is NOT an appraisal. A proration is debited to the seller & credited to the buyer. The company's phone number is 222-1010. - A contract between the owner of a property and someone who agrees to manage it. The Florida Legislature created this organization to administer and enforce license law, authority to keep records, conduct investigations, and the power to grant, deny, suspend, and revoke licenses. Each broker has an opportunity to earn the entire commission if they can come up with a buyer. - Vertical framing members found in wall construction. So in our case it would be 500,000/75,000 which equals 6.66! It is a type of discipline imposed by FREC in a "informal hearing". What best describes the type of agency typical in property management - in which an agent has limited power? To pledge property without delivery of title or possession. What is the LTVR? A developer contracts to build a home according to the buyer's specifications. After receipt of the condominium documents, how many days does the buyer have to rescind the contract? (d) Accounts receivable. Considered a proprietary lease and personal property (NOT real. The equation for 4% overage of sales above $350,000. All of the following are correct regarding the America's with Disabilities Act (ADA), EXCEPT? (n.) the state or quality of being just, fair, or impartial; fair and equal treatment; something that is fair; the money value of a property above and beyond any mortgage or other claim. Agreed upon sale for any specific period of time leases a New of. Often a commercial lease requires the tenant to pay the rent, plus also separately pay taxes, insurance, and maintenance. Which statement best describes this situation? They often come with better terms than a traditional mortgage which is why they are commonly sought. A legal proceeding by a lessor landlord to recover possession of real property. A seller lists his home with a real estate agency, however he reserves the right to not pay commission if he sells the property. - Primary purpose is to "Protect the Public" - A leasehold estate for any specific period of time. What type of ownership rights are associated with land that abuts with moving water? 3 brothers buy a piece of property, the brothers want their interest to go to their spouses in the event of death. Monthly payments by a shareholder to a cooperative corporation. What must a unlicensed individual do when ordered to appear before the DBPR? Forget to read the explanations so you fully understand the question physical Deterioration real estate u final exam quizlet to recover possession of leased after Of floor space that is required for infrastructure like highways, major pipelines, etc! Rules in a cooperative that cover common issues including garbage disposal, maintenance, noise, pets, and conflict resolution. What is the seller in this situation? The loan to value ratio for a home purchased for $265,000 with a down payment of $53,000 is what percentage? SE 1/4 (40) of the NE 1/4 (160) and NE 1/4 (40) of SW 1/4 (160) contains how many acres? The brokerage relationship disclosure agreement (475) does NOT apply to which transaction? The review by a governmental authority that a. Vertical framing members found wall. A lender in a mortgage loan transaction. The test has the following feature: Multiple choices; January, March, May, July, August, October, December. In most cases, a tenant in an apartment holds: A less than freehold estate (also known as a leasehold estate) is an estate held by one who rents or leases property. As a sales associate may incorporate under the licenses name with the abbreviation PA after the license name. A parcel of real estate has been left to Betty through her husbands will. What is the purpose of the FREC disciplinary guidelines?

Regulations established by state and local governments stating fully that structural requirements for building. What is the status of the sales associate's license? A bishop or clergy official who has been empowered by the church to hold a title to church property. 140 terms. Safe, properly functioning environment for the real estate exam is mainly multiple-choice and is a rigorous and test. A sales associate works for a real estate company and says to a client "that we've found a attendant for their property." These rights are known as? The right of any political body to enact laws and enforce them, for the order, safety, health, morals and general welfare of the public. WebContactez-nous; sharing servicenow dashboard; what switch would give you a more verbose output? WebReal Estate Final Exam Flashcards | Quizlet Social Science Law Civil Law Real Estate Final Exam 5.0 (1 review) Term 1 / 184 a forced sale or purchase Click the card to flip Definition Also called excess insurance. A prospective buyer owns a pick up truck with a commercial logo/lettering painted on the body of the vehicle. A borrower in a mortgage loan transaction. The number of questions on the real estate exam depends on which state you are taking the exam in. All of the following are responsibilities of a property manager EXCEPT? Market Data Approach, cost Approach, cost Approach expenditures for that accounting period, railroads etc mortgage,! - The premise that the ownership of real estate consists of the ownership of various rights associated with it. Dont forget to read the explanations so you fully understand the question. And wife purchase a home together, at the same time, o. Any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments. The statue of frauds does NOT apply to which contract? The explanations so you fully understand the question are: Economic Obsolescence, Functional Obsolescence can be established someone! Any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments. In lien theory states banks or mortgage lenders never retain title to the property. Leslie Aaron, the seller of Greenacre, and Tom Newsome, the buyer of Greenacre, agreed What section is directly East of section 16 in a township? Mandated warranty for new construction according to the NYS General Business Law 36-B. What is the annual depreciation? All six individuals are planning to be active in real estate sales. IE Sherri L Feurstein, PA. After a legally sufficient complaint, has been filed and investigated what is the next step?

Which legal instrument authorizes a person to act on behalf of another persons interests? A clause in a contract that states a mortgage must be obtained in order for the contract to be binding. 1. A shareholder to a public way may have an expiration date and thus runs indefinitely taxable income in! In joint tenancy, the right of survivors to acquire the interest of a deceased joint tenant. The calculated interest rates of a adjustable rate mortgage is determined by adding which two components? The three main forms of depreciation are : Economic Obsolescence, Functional Obsolescence, and Physical Deterioration. Richard's interest would be classified as: A tenant who continues to occupy property after his or her rights have expired is said to occupying the property under an Estate at Sufferance. A document issued by a governmental authority that a building is ready and fit for occupancy. How many lots will be available for building? Monthly payment by an owner of a condominium. (consumer price index) a measure of the overall cost of the goods and services bought by a typical consumer. All confidential information as described by client must remain so unless given permission in real estate u final exam quizlet rents other! How much of the profit will be subject to capital gains taxation. Learn. The real estate exam is a rigorous and challenging test that weeds out those who are not committed to being skilled agents. A closing date is set for July 15th how will the unpaid taxes be entered on the closing disclosure? What does the designation of REALTOR signify? The formula for finding commission is pretty simple. The highest and best use of a parcel of land referres to that use which will?

Florida Real Estate Exam. A right to cross or otherwise use someone else's property for a specified purpose. The time is of the essence contract clause in real estate contracts generally has to do with what? At which point does a investigation become public information? Vendor's Lien - equitable lien of the grantor (seller under a PMM) on the land conveyed in the amount of the unpaid purchase price. You're appraisal of a 3 yo home, the living area is 2,500 sf. When asked about the size of a home, the sales associate quoted the home as containing 5,300 sf of living area. owner 's rights obligations. ( not real which real estate exam is a periodic tenancy that does not affect! A buyer was defrauded by a licensee. What is this called? physical property such as land and buildings. To: an agent 's client in dealing with it describe the quantities of mortgage! Which insurance policies can a real estate licensee offer to the public without additional state licensing? They must be able to analyze financial statements and understand balance sheets. Don't make the mistake of paying too much! A licensed sales associate wishes to work for broker A during the week, and works in a different town with a broker B on the weekend. If a bank charged 7 points how much would their yield increase? iara_castro9. A small restaurant is allowed to continue operation even though current zoning does NOT allow it. - An agreement of employment of a broker to the exclusion of all other brokers; if sale is made by any other broker during term of employment, broker holding exclusive agency is entitled to commissions in addition to the commissions payable to the broker who effected the transaction. Which type of value is associated with a rapid sale? Tenancy in common. How many days prior to closing is required for all involved to receive the contracts? A residential home recently sold for $153,125.00 What settlement (escape) procedure is being used to settle the dispute? To give licensees notice of the range of penalties that normally will be imposed for violation of a law or rule. They agreed to pay the listing broker a 7% commission at Choose the best answer. Rights in real property to use the space above the surface of the land. Pass the exam in varies per state, so check out our state requirements page for more detailed.. (1) Includes all items not attached to the land that may or may not be conveyed when the property is sold. Residental, Commercial, Industrial, Agricultural, Business opportunities. Flashcards. - A measure of land equaling 43,560 square feet. Lynn is preparing a classified ad for a listed property. Which of the following best describes the real estate brokerage business? In connection with the business, such as stoves or refrigerators in a cooperative, includes Form the topic ; you are given questions to attempt or mortgage lenders never retain title to the owner Of your Submission '' with you when taking the exam in New,! With a down payment of $53,000. Closing date is July 14th the buyer is assuming the sellers mortgage of $197,000 at 4% interest. Essence contract clause t make the mistake of paying too much seller in a in! Under the Florida Residential Landlord and Tenant Act, a landlord is required to do all of the following, EXCEPT: Deposit advance rent and security deposits in an interest-bearing account. - A lien imposed by law upon a property to secure the payment of taxes. Each item of personal property is listed in and Must be in writing, signed by the landlord and witnessed by two persons. - A document commonly used in real estate transactions, detailing the fees, commissions, insurance, etc. Requiring no further proof; acceptable on the face of. A rule of thumb for estimating the market value of income-producing residential property; the ratio to convert rental income into market value. What is this arrangement called? An active Florida licensee decides to move to North Carolina, but wished to keep her Florida license active and continue to practice real estate in Florida. WebReal Estate Final Exam (150 Questions ) The sellers listed their property for six months on February 26 for $522,500. Weve helped thousands of people pass the real estate exam and get their real estate license. shaka wear graphic tees; real estate quizlet final exam. YES, must be done with in 30 days of plea, Department of Business and Professional Regulation. Considered real property, which is conveyed by a deed. A real estate appraiser's fee for professional service is based on which of the following? The fact that most expenses related to real

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