REAL 5080 Exam 2 UGA Questions and Correct
Answers | Latest Update
concentric circle model
Ans: flat featureless plane, places lowest transportation cost and
employment at the center
Outbids all other groups in the concentric circle model
Ans: commercial real estate
Assignment Expert
land value surface
Ans: minimum/limited supply, high demand areas are more expensive
Guru01 - Stuvia
most cities were created organically based on..
Ans: transportation
2026
Multiple Nuclei Model
Ans: sub centers within a city, each having their own land use/value
©
bundle of rights
Ans: right to use, possess, and dispose (restricted by zoning/legal
regulations)
T/F: if zoning is not properly allocated it can impact property value
Ans: true
easment
Ans: right to use someone's land for a specific purpose without
ownership
encroachment
, 2 for specific request mail
Ans: intrusion on a person's property (fence over the line etc.)
leases
Ans: right to use/possess property
site value
Ans: Assumes the land is vacant and bases opinion on highest and best
use
plattage
Assignment Expert
Ans: value created by subdivision-smaller lots sell for more than 1 large
(concave)
Guru01 - Stuvia
plottage
Ans: value created from accumulation-the more you get, the more you
pay (convex)
2026
excess land
©
Ans: Land that is not needed to support the highest and best use
T/F: frontage is more valuable than depth
Ans: true
corner lots
Ans: pos-commercial, neg-residential
culdesacs
Ans: pos-residential, neg-commercial
T/F: micro-neighborhood (closest to site) effects are the greatest on value
Ans: true