Correct Answers (Verified Answers) | New
Update 2026/27 | Graded A+
An appraiser recommended tearing 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 - ANSWERS B. highest and best use
What could guarantee no encroachments and good title?
A. assumption package
B. title insurance policy
C. survey
D. termite inspection - ANSWERS B. title insurance policy
Which of the following statements is true of a private deed restriction?
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 - ANSWERS A. it
is imposed by an individual on other people through a contract or deed
A city council zoned a two block area 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 - ANSWERS B. aesthetic zoning because of architecture
A person bought a house and wanted to bring along a pet cougar to keep in the
backyard. Which of the following governmental rights would MOST likely prohibit
this?
A. police power because the police have authority over types of animals for pets
B. urban development regulations as they list allowable animals for the properties
C. zoning ordinances because sometimes these contain what animals may be kept
D. building codes as they would contain the most restrictions for city dwellings -
ANSWERS C. zoning ordinances because sometimes these contain what
animals may be kept
Howe's property was assessed at $30,000. Rand's property was assessed at
$35,000. Which is true?