CTN PRESS

CTN PRESS

NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO REDEMPTION OF CAPITAL IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO REDEMPTION OF CAPITAL IN REAL ESTATE What does the term “redemption of capital” refer to in real estate? A. Selling a property B. Buying a property C. Returning invested funds to investors D. Renovating a property Answer: C. Returning invested funds to investors Which of the following methods is […]

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO SINKING FUND IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO SINKING FUND IN REAL ESTATE What is a sinking fund in real estate? A) A fund for emergency repairs B) A fund for regular maintenance C) A fund for future major expenses D) A fund for property taxes Answer: C) A fund for future major expenses How is the

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO YEARS PURCHASE IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO YEARS PURCHASE IN REAL ESTATE What does “years purchase” refer to in real estate? a) The number of years it takes to sell a property b) The duration of a mortgage loan c) The number of years’ rental income required to equal the property’s value d) The period after

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CAPITALIZATION AND RATE OF CAPITALIZATION IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CAPITALIZATION AND RATE OF CAPITALIZATION IN REAL ESTATE What does the Capitalization Rate (Cap Rate) represent in real estate? A) The rate at which a property appreciates over time B) The rate of return on an investment property based on its income C) The initial investment required to purchase

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO ANNUITIES IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO ANNUITIES IN REAL ESTATE An annuity in real estate refers to: a) A one-time payment for property purchase b) A periodic payment received or made for a specified duration in relation to property c) The total value of a property over its lifetime d) The market value of a

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO TYPES OF OWNERSHIPS AND TYPES OF OCCUPANCY IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO TYPES OF OWNERSHIPS AND TYPES OF OCCUPANCY IN REAL ESTATE Which type of ownership grants the right to pass down property to heirs without the need for a will? a) Tenancy in Common b) Joint Tenancy c) Fee Simple Absolute d) Life Estate Answer: c) Fee Simple Absolute What

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO RIGHTS AND INTERESTS IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO RIGHTS AND INTERESTS IN REAL ESTATE Which of the following best defines an easement? a) Complete ownership of a property b) Limited right to use another’s property c) Right to exclude others from a property d) Temporary possession of a property Answer: b) Limited right to use another’s property

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO TYPES OF OWNERSHIPS AND TYPES OF OCCUPANCY IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO TYPES OF OWNERSHIPS AND TYPES OF OCCUPANCY IN REAL ESTATE Which of the following is a form of ownership where each tenant owns a specific portion of the property? A) Tenancy in common B) Joint tenancy C) Tenancy by the entirety D) Sole ownership Answer: A) Tenancy in common

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO FACTORS AFFECTING VALUE – PHYSICAL, ECONOMIC, LEGAL, AND SOCIAL

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO FACTORS AFFECTING VALUE – PHYSICAL, ECONOMIC, LEGAL, AND SOCIAL Which of the following is considered a physical factor affecting real estate value? a) Interest rates b) Zoning regulations c) Proximity to amenities d) Building materials and construction quality Answer: d) Building materials and construction quality Which economic factor can

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO MARKETABILITY IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO MARKETABILITY IN REAL ESTATE What does marketability refer to in real estate? A) The price of a property B) The ease and speed of selling a property C) The location of a property D) The size of a property Answer: B) The ease and speed of selling a property

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO HIGHEST AND BEST USE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO HIGHEST AND BEST USE What does “Highest and Best Use” refer to in real estate? a) The most expensive property in a given area b) The use that maximizes the property’s value c) The tallest building in a city d) The most historically significant property Answer: b) The use

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO COST, PRICE, AND VALUE IN REAL ESTATE

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO COST, PRICE, AND VALUE IN REAL ESTATE 1. What is the key factor influencing the cost of a property? a) Market demand b) Property size c) Property age d) Property location Answer: d) Property location 2. Which of the following is NOT typically considered when determining the value of

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