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An appraiser recommended tearing B. highest and best use
down a $28,000 house. There was a
shopping center across the street.
Which of the following appraisal
principles BEST describes this
situation?
A. deterioration
B. highest and best use
C. capitalization
D. substitution
What could guarantee no B. title insurance policy
encroachments and good title?
A. assumption package
B. title insurance policy
C. survey
D. termite inspection
, Which of the following statements is A. it is imposed by an individual on other people
true of a private deed restriction? through a contract or deed
A. it is imposed by an individual on
other people through a contract or
deed
B. it is put on a property by an owner
to reduce tax liability
C. it applies only to crops on
agricultural property
D. it is imposed by the city restricting
the use on the property
A city council zoned a two block area B. aesthetic zoning because of architecture
so that only Spanish style homes
could be built because of the Spanish
heritage in the area. This is usually
referred to as which type of zoning?
A. directive zoning
B. aesthetic zoning because of
architecture
C. cultural zoning
D. bulk zoning