New Mexico RE Principles and Practice Questions & 100% Correct Answers | Latest Update | Graded A+

Land value plus current construction costs minus depreciation : Cost Approach He can refuse to rent to the tenant because of the history of violence. : A landlord discovered that a potential tenant who applied for a unit has a history of alcoholism and violence. What should the landlord do? A person has AIDS : Under FHA, It is illegal to discriminate if A judgement against a borrower if the foreclosure sale does not bring enough to pay the balance owed : Deficiency Judgment Is used when a borrower has defaulted in the mortgage loan and wants to avoid the foreclosure action. : Deed in lieu of foreclosure 2 | P a g e The amount of a loan expressed as a percentage of value of the real estate offered as collateral : A loan-to-value ratio An instrument that creates a lien against multiple parcels of real property : Blanket mortgage Damage caused to a property over and above ordinary wear and tear : Wast