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부동산

Chapter 17 Quiz

2019.04.29 15:53 Views : 301

1 of 10 - Which of the following is a possible benefit of investing in real property?
Capital outlay
Financing
 
Appreciation
Property management
You answered correctly
2 of 10 - An association of two or more people who combine financial resources to achieve investment objectives is:
Not allowed in California.
 
A syndicate.
Made up of wealthy individuals.
A group of brokers.
You answered correctly
3 of 10 - What is the foremost reason people invest in property?
To save on taxes
 
To make money
To plan for retirement
To have a second home to enjoy
You answered correctly
4 of 10 - Which of the following is not a possible benefit of investing in real property?
Tax shelter
 
Liquidity
Income
Stability
You answered correctly
5 of 10 - Which statement is not true about a Real Estate Investment Trust?
Sells ownership shares.
 
Receives special tax considerations.
Offers high yields to customers.
 
Easy to qualify for.
You answered incorrectly
An REIT sells ownership shares, receives special tax considerations, and offers high yields to investors.
6 of 10 - Which lender typically deals in interim financing?
 
Commercial bank
Life insurance company
Syndicate
Real estate trust
You answered correctly
7 of 10 - Examining the economic soundness of a property means looking at all of the following except which?
Zoning issues
Community growth trends
 
Refinancing
Income projections of the property
You answered correctly
8 of 10 - Which figure represents the amount of income available as a return to an investor?
 
Net operating income
Potential gross income
 
Adjusted gross spendable income
Effective gross income
You answered incorrectly
The net operating income of an investment property is calculated by subtracting the operating expenses from the effective gross income, resulting in the amount of income available as a return to the investor.
9 of 10 - Which of these lenders would be most likely to finance a large shopping mall?
 
Commercial bank
Seller
Savings and loan association
 
Life insurance company
You answered incorrectly
Savings banks typically deal only in single-family residence loans, while commercial banks specialize in interim financing. Life insurance companies like to invest in large commercial projects such as shopping malls, and sellers might finance land and special purpose projects when money is tight.
10 of 10 - When all members have unlimited liability for debts and obligations of the group, the organization is a:
Limited Partnership
Corporation
 
General Partnership
Syndicate
You answered correctly

No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2372
Notice 부동산 용어 (A to Z) 2019.03.03 1601
232 Real Estate Law 5 2019.05.04 150
231 Real Estate Law 4 2019.05.04 362
230 Real Estate Law 3 2019.05.04 223
229 Real Estate Law 2 2019.05.04 617
228 Real Estate Law 1 2019.05.03 194
227 Quiz Law 1 2019.05.03 5952
226 Law 6 2019.05.03 143
225 Law 5 2019.05.03 121
224 Law 4 2019.05.03 151
223 Law 3 2019.05.03 163
222 Law 2 2019.05.03 250
221 Law 1 2019.05.02 171
220 Review Quiz - BOOK 2 2019.04.29 4920
219 Chapter 18 Conclusion 2019.04.29 1041
218 Real Estate Practice - 39 (Understanding-Answers) 2019.04.29 231
217 Real Estate Practice - 38 (Understanding-Answers) 2019.04.29 126
» Chapter 17 Quiz 2019.04.29 301
215 Chapter Conclusion Chapter 17 2019.04.29 273
214 Real Estate Practice - 37 (Understanding-Answers) 2019.04.29 129
213 Real Estate Practice - 36 (Understanding-Answers) 2019.04.29 147
212 Chapter 16 Quiz 2019.04.29 1179
211 Chapter Conclusion Chapter 16 2019.04.29 231
210 Real Estate Practice - 35 (Understanding-Answers 2019.04.29 116
209 Real Estate Practice - 34 (Understanding-Answers 2019.04.29 115
208 Chapter 15 Quiz 2019.04.29 187
207 Chapter 15: Using Real Estate Assistants Summary 2019.04.29 111
206 Real Estate Practice - 33 (Understanding-Answers) 2019.04.29 120
205 Chapter 14 Quiz 2019.04.27 626
204 Chapter Conclusion Chapter 14 2019.04.27 182
203 Real Estate Practice - 32 (Understanding-Answers) 2019.04.27 104