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Which of the following is true about real estate pricing? Real estate prices are always the...

Which of the following is true about real estate pricing?

  1. Real estate prices are always the same as the value of the real estate.
  2. Real estate prices are a function of the value of the real estate.
  3. Real estate prices are clearly observable in the market.
  4. Real estate prices can be influenced by the number of buyers and sellers active in the market.

What type of easement is usually used for commercial purposes?

  1. Appurtenant easement
  2. Negative easement
  3. Gross Easement.
  4. Dominant Easement

10) All estates provide equal rights to its owners.

True/False

11) Externalities only affect real estate values negatively.

True/False

12) An easement creates the right to use while adverse possession can create the right to ownership.

True/False

Solutions

Expert Solution

Which of the following is true about real estate pricing?

  1. Real estate prices are always the same as the value of the real estate.: False. The price vary according to the market conditions.
  2. Real estate prices are a function of the value of the real estate. False
  3. Real estate prices are clearly observable in the market. False, the prices although depends on market, they are not accurately disclosed and equal to all.
  4. Real estate prices can be influenced by the number of buyers and sellers active in the market. True , they depend on the market demand and supply along with other factors like government policy or interest rates.

What type of easement is usually used for commercial purposes?

  1. Gross Easement.: allows a part of property to be used and not a complete property. They can be used for personal purpose or for commercial purpose.

10) All estates provide equal rights to its owners. :False, different kinds of ownership and different kinds of estates are there, where the rights carry.

11) Externalities only affect real estate values negatively. False, it could also affect the real estate by increasing its value or demand.

12) An easement creates the right to use while adverse possession can create the right to ownership. True

jeff jeffy answered 5 months ago
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