1what causes increase in demand for smaller-sized houses? A. Increase in average

Question

1what causes increase in demand for smaller-sized houses? A. Increase in average household size. B. Steadly increasing national population C. Decrease in family size D. Increase in two-earner households

2The value of money to be received in the future is____ of the same amount of money in hand today. A higher B lower C.same D. none

3If you were the listing broker, which type of listing would you least prefer? A. open listing B. Exclusive agency listing C. multiple listing D. Exclusive right to sell listing

4.which of the folliowing does not have any bearing on the validity of the deed? A. designation of the parties B.legal description of the property C. Specification od the interest conveyed D. amount of the consideration

5.Neighborhood in the gestation stage, the youth stage or the maturity stage in the life cycle of neighborhoods are characterized by

A. A large proportion of abandoned or deteriorated structures. B. A general rise in resident's income level and property values. C. high unemployment and high crime rates. D. All of these

6. _____ is defined as uncertainity arising from changing economic conditions that affect an investments ability to generate returns. A. bussiness risk.B. Finicial risk. C.purchasing power risk. D.iquidity risk

7.Which of the following is not a category of property risk? A. loss of property due to fire, wind or other hazards. B. Liability losses resulting from negligent use of property. C. loss of value through economic obaclearance. D. financial loss resulting from death or disablility of the wage earner.

8. loans made for a stated term on which interest payments are periodically but whose principle is not repaid untill the end of the term are called ____ loans. A.anortized B. depreciated. C. adjustable. D. interest-only term.

Explanation / Answer

1. What causes increase in demand for smaller-sized houses?

A. Increase in average household size. B. Steadily increasing national population

C. Decrease in family size D. Increase in two-earner households

D. Increase in two-earner households

2. The value of money to be received in the future is____ of the same amount of money in hand today.

A. higher B.lower C.same D. none

B.lower

3. If you were the listing broker, which type of listing would you least prefer?

A. open listing B. Exclusive agency listing C. multiple listing D. Exclusive right to sell listing

A. Open listing

4. Which of the following does not have any bearing on the validity of the deed?

A. designation of the parties B.legal description of the property C. Specification of the interest conveyed D. amount of the consideration

C. Specification of the interest conveyed

5. Neighborhood in the gestation stage, the youth stage or the maturity stage in the life cycle of neighborhoods are characterized by

A. A large proportion of abandoned or deteriorated structures. B. A general rise in resident's income level and property values. C. high unemployment and high crime rates. D. All of these

D. All of these

6. _____ is defined as uncertainty arising from changing economic conditions that affect an investments ability to generate returns.

A. Business risk. B. Financial risk. C. Purchasing power risk. D. Liquidity risk

A. Business risk

7. Which of the following is not a category of property risk?

A. loss of property due to fire, wind or other hazards. B. Liability losses resulting from negligent use of property. C. loss of value through economic obsolescence. D. financial loss resulting from death or disability of the wage earner.

C. Loss of value through economic obsolescence.

8. Loans made for a stated term on which interest payments are periodically but whose principle is not repaid until the end of the term are called ____ loans.

A. Amortized B. Depreciated. C. Adjustable. D. Interest-only term.

D. Interest-only term.

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