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QUESTION 9 The right to use land, or a portion of land, owned by another can be called a(n) Co-op Easement Life estate Profit 1

QUESTION 9

  1. The right to use land, or a portion of land, owned by another can be called a(n)

    Co-op

    Easement

    Life estate

    Profit

1 points

QUESTION 10

  1. The level of detail in an appraisal report

    Should be the same in all reports

    Depends on the intended use and intended users

    Is never the same from one report to the next

    Must be in a specific section of the report on a specific page with a title in bold type

1 points

QUESTION 11

  1. The source of real estate capital that typically involves a mortgage and, in most cases, involves repayment of principal and interest is _________?

    Equity

    Banks

    Partners

    Debt

1 points

QUESTION 12

  1. Which of the following is NOT a type of macro-level (general) data used in appraisal?

    Listings

    Social

    Environmental

    Governmental

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