Question
A newer field of property management involves working with individual, inexpensive home ownership and homesite rental in. planned unit developments. manufactured home parks. scattered site
A newer field of property management involves working with individual, inexpensive home ownership and homesite rental in.
planned unit developments. | ||
manufactured home parks. | ||
scattered site housing. | ||
housing for the elderly. |
QUESTION 1
A market has plenty of available units for rent; however, potential renters are not able to afford the rental price of the available options. What is this market experiencing?
technical oversupply. | ||
spatial oversupply. | ||
economic oversupply. | ||
demand deficiency. |
Which of the following BEST defines real property?
Land and the air above it | ||
The surface land, buildings, and anything permanently attached to the land | ||
Land and the mineral rights in the land | ||
Land, including its subsurface, the airspace above, and all improvements |
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