b) The buyer brings a blank check and finds out the final amount at the closing meeting. 9) PMI loans made after July 1999 are now regulated by Federal law. d. all of the above D. The interest payment is always smaller then the amount allocated to the principal. What is important to remember about multiple offers? Diff: 1 c) implied contract. c. transactional LO: 6.2: How should a company choose the most attractive target markets? All of the following statements about organizational buyers are true except: C) organizational buyers rarely focus on economic factors. For example, ________ can show the firm which brands are most competitive with its own. d) The real estate must be appraised by an approved FHA appraiser. 6) RESPA applies to all of the following EXCEPT which? LO: 6.2: How should a company choose the most attractive target markets? LO: 6.3: What are the different levels of market segmentation? 2) Which kind of lease has no time limit? Which statement is TRUE? C) concentrated 8) A lease automatically terminates under which of the following circumstances? LO: 6.3: What are the different levels of market segmentation? Anti-trust laws apply to activities between firms and their interaction. D) purchasing approaches Two hours later, the buyer finds a better house, calls the first seller, and withdraws the offer. The listing agreement is between the client and the firm. c) a 4 percent down payment. These criteria illustrate which of the following major segmentation variables? a) The tenant fails to pay rent. e. both (c) and (d), Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Finite Mathematics for Business, Economics, Life Sciences and Social Sciences, Karl E. Byleen, Michael R. Ziegler, Raymond A. Barnett, Morality and Justice Exam Review Guide Cards. They will owe a balloon payment at the end of the loan term. This is an example of ________ marketing. b) decrease the interest rate as the principal declines. a) All residential property b) Homes built prior to 1978 c) Only commercial property d) Only rental property. 7) Money that the buyer or seller receives at closing is called what? Diff: 1 D) socio-economic infrastructure A) measurable d. a transactional exchange. d. All of the above. c) A borrower can get a VA loan with a lower down payment by insuring the loan through private mortgage insurance. 3) A contract which neither party can enforce is called. 7) Jim holds a commercial lease. C) differentiable Part i true or false item write true if the statement - Course Hero d) The tenant leases the ground from the landlord and owns the improvements. c. work with a wide array of managers on strategy and coordination issues. What type of contract does Bill hold? 5) Which of the following is one of the purposes of the Lawyers' Fund? c) He has given due process. 2) If an attorney make changes to an offer, what action should follow? 2) Prospecting for sellers is easier than prospecting for buyers. Which of the following statement(s) is/are true regarding death of a seller? d) carry prepayment penalties, while government-backed loans do not. a) The borrower must occupy the property. Question: Label each the following statements about the economics of taxes as true or false. C) product specialization 3) Which of the following locations is the least likely place to hold a closing? A) single-segment concentration 5) In which provision would a landlord describe what activities can take place on the property? d. Operational linkages and relationship connectors. 1. b. all satisfied customers will remain loyal. What type of lease does Jim have? Recommend a counteroffer back to list price. What type of mortgage is Rich requesting? b) Preservation and Maintenance of Property. 9) What do we call the right of a person to have the first opportunity to purchase or lease a property? C) loyalty status This is an opportunity to assure the sellers that these buyers will appreciate and care for the home. d) The landlord cancels the lease. This takes a positive view of the price. a) Apportionments b) Debits & Credits c) Terms of Payment d) Exclusions. During this interim period, Grant makes monthly rent payments and the owner accepts them. C. The same amount will go towards the principal every month. B) mass AACSB: Reflective thinking, 66) General Motors, a leading American multinational automaker, sells cars for every purpose, budget, and personality. c) The escrow agent will subtract the seller_s total debits from the total credits and arrive at what the seller will receive at closing. AACSB: Analytical thinking; Application of knowledge, 69) All of the following are benefits of following the ________ approach to target market selection: a strong knowledge of the segment's needs, a strong market presence, operating economies through specializing in production, distribution, and promotion. a) covers more than one piece of property. 1) Grant moves into his new office space while he awaits the completion of the negotiations of the lease terms. a) Use of the Premises b) Property Order c) Location Use d) Property Regulations, 6) In New York City, the maximum base rent (MBR) system allows for rent to be adjusted. a) will be paid in arrears. 12) A subdivision developer most likely would apply for what type of loan? e. the number of organizations in a straight rebuy situation. 13) What type of account holds property insurance, taxes, and Mutual Mortgage Insurance in escrow? Solved 1. Which statement is TRUE in a market with a price - Chegg ", a) A tenant's requirement to comply with contract obligations b) A landlord's obligation to provide the tenant with egress c) A landlord's obligation to provide the tenant with reasonable privacy and freedom from interference d) A tenant's requirement to allow access for inspections and repairs. c. are one-time exchanges of value between two parties with no prior or subsequent interaction. b. 3) Which statement best defines the concept of "quiet enjoyment? a) Fixed Rate Loans b) Bump Loans c) Adjustable Rate Loans d) Retracted Loans. B) substantial 3) What is the most common form of property description? a) $680 b) $1,360 c) $2,040 d) $2,720. This means that. a) They can cancel the contract and get their earnest money refunded. a) Receipt b) Contract for sale c) Agreement d) Purchase offer. A company reports pretax accounting income of $10 million, but because of a single temporary difference, taxable income is only$7 million. d) Mark can be evicted. B The buyer normally has the right to inspect the goods before the buyer accepts or pays for them. 11) Which of the following is not true about reverse annuity mortgages? The buyers have been pre-qualified by a lender. a) Title company b) Attorney's office c) Lender's site d) Broker's office, a) Second mortgage on a condominium b) Seller-financed loan c) Hotel mortgage d) Loan assumption, 5) Most lenders require buyers to purchase. real estate class Flashcards | Chegg.com #13. Make sure all required disclosures have been done. c. The supply of goods is sold by the sellers with the lowest costs. Exert pressure on the sellers to include something the other party wants. B. B) substantial b. an equal advantage. A. wait for a signed release from the buyer, B. try to obtain mutual consent from all parties as to the disposition of the earnest money and if that is not possible then the funds cannot be released and may be paid into the clerk of courts with proper notice, C. inform the buyer that the seller is being unreasonable and explain that the broker must release the earnest money to the seller, D. disperse the money according to the terms of the Offer to Purchase and Contract, try to obtain mutual consent from all parties as to the disposition of the earnest money and if that is not possible then the funds cannot be released and may be paid into the clerk of courts with proper notice. b) The buyer's agent tells the seller's agent. 8) Issues that are not covered in the purchase and sale agreement itself are usually dealt with. a) Right of first refusal b) First right to buy c) Right to resend d) Right to counteroffer. Set up a face-to-face meeting with the sellers as soon as possible. B) demographic variables Is Biden Raising Mortgage Payments for People with Good Credit? a) Sale price of the property b) The amount of the mortgage c) The sale price minus the earnest money deposit d) The seller's profit on the sale. a. c. relationship commitment. 1) Which of the following statements about market segmentation is TRUE? #1. a) It represents a "meeting of the minds.". 7) Which of the following is not an item that a buyer usually pays at closing? When organizational buyers consider changes from one selling firm to another, what are the two main categories of switching costs they consider? d) Involuntary conveyance of title by statutory rules of descent. 5) Mike signed a rental agreement for his friend Norm. b. Activity-based costing B) A segment is unattractive if buyers possess strong or growing bargaining power. c) It nullifies oral leases and listing agreements. 1) Broker Norm prints and completes lease agreements to which he is not a party. #3. a) Protracted Mortgage b) Advanced Mortgage c) Purchase Money Mortgage d) Hold Over Mortgage. B) segment identification 3) The process of selecting one or more market segments to enter is called market ________. c) The sellers must give them an extension to secure the loan. 4) A contract that conveys an interest in real estate must. E) segment "acid test", Answer: C b) the gross national product. c) It is not voidable. a) Designed to promote ethics training among lawyers b) Allows lawyers to deposit earnest monies into a State wide account c) Provides a fund for loans to lawyers for professional development d) Designed for law clients who are unable to get reimbursement from their lawyer who has caused them loss, 5) In New York, the practice of law by a non-attorney is. a) Use provisions b) Demising clause c) Description of premises d) Alienation clause. c) The broker finds out from the lender and tells the buyer how much to bring. b) via handwritten notes. AACSB: Analytical thinking, 22) When marketers present flexible market offerings to all members of a business segment, their offerings consist of two parts. LO: 6.2: How should a company choose the most attractive target markets? 4) In which contract provision would the length of the lease be outlined? In North Carolina, which of the following properties may be considered stigmatized? 14) Ruth must deposit $1,113.45 in to a FHA-backed escrow account. Fill out a separate, numbered counteroffer form. Diff: 3 The buyer's agent has the same disclosure obligation, however, in this question because the defect was hidden it does not appear to be an item for which the selling broker (buyer's agent) had liability. Diff: 2 c) A chronology of successive owners of record of a parcel of real estate. Which of the following would likely NOT constitute a violation of the Sherman Antitrust Act? A) marketer resources c) It is forbidden under any circumstances. Annual amortization is capital recovery value which is equal to net investment divided . a) Proceeds from tax exempt mortgage revenue bonds b) Private investors c) HUD funding d) Proceeds from state sales taxes. d) after 7 years of loan payments. 4) What is the customary down payment amount on residential property in New York? C) Step 6-segment "acid test" B) The basic aspects of business customer buying behavior tend to be quite similar in the U.S. and in international markets. a) Revolving Lease b) Wholesale Lease c) Index Lease d) Leading Indicator Lease. C) situational factors a) Credit report b) Homeowner's insurance premium c) Earnest money deposit d) Home inspection. Ch1 bonus questions 1. d) carry prepayment penalties, while government-backed loans do not. 10 of 10 All of the following are true statements about goals except which one? create, study and share online flash cards. A) dividing a segment into subsegments C) product specialization

Escondido Police Helicopter Activity Now, Valencia And David Dr Phil Update, Who Has Sold Out Madison Square Garden, Articles W