1
Q
Four factors of production
A
Land, labor, capitol & entrepreneurial ability
2
Q
Supply & demand in residential market
A
Vacancy ratio (is a good indicator of supply and demand)
3
Q
Real estate market
A
Local in Nature
4
Q
Highest& best use
A
Site as vacant vs. improved and legal use
Class Real Estate Test
flashcards
Decks in class (19)
# Cards
-
Chapter 13
-
Chapter 25
-
Chapter 37
-
Chapter 4: Authorized Relationships: Duties & Disclosures7
-
Chapter 517
-
Chapter 6: Violations of License Law; Penalties & Procedures8
-
Chapter 7: Federal & State Laws Pertaining To Real Estate4
-
Chapter Eight: Real Property Rights4
-
Chapter 9: Title, Deeds & Ownership Restrictions3
-
Chapter 10: Legal Descriptions6
-
chapter 116
-
Chapter 125
-
Chapter 135
-
Chapter 143
-
Chapter 154
-
Chapter 163
-
Chapter 173
-
Chapter 184
-
Chapter 193
