real estate quizmaster

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“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Real Estate QUIZMASTER 100 100 100 100 100 200 20 0 200 200 200 300 300 300 300 300 400 400 400 400 400 500 500 500 500 500 Definition s Analytical Numerical Site Assessment Acronyms

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Real Estate QUIZMASTER. Site Assessment. Definitions. Analytical. Acronyms. Numerical. 100. 100. 100. 100. 100. 200. 200. 200. 200. 200. 300. 300. 300. 300. 300. 400. 400. 400. 400. 400. 500. 500. 500. 500. 500. Real Estate QUIZMASTER. Site Assessment. Definitions. - PowerPoint PPT Presentation

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Page 1: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Real Estate QUIZMASTER

100 100 100 100 100

200 200 200 200 200

300 300 300 300 300

400 400 400 400 400

500 500 500 500 500

Definitions Analytical NumericalSite

AssessmentAcronyms

Page 2: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Real Estate QUIZMASTER

100 100 100 100 100

200 200 200 200 200

300 300 300 300 300

400 400 400 400 400

500 500 500 500 500

Definitions Analytical NumericalSite

AssessmentAcronyms

Page 3: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Definitions for 100

This statement initially included an assessment of the ecological impact of proposed development and now must also include archeological impacts

Page 4: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Definitions for 200The regulation of permitted land uses, as well as minimum or maximum structures upon geographically defined contiguous districts

Page 5: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Definitions for 300

The personal residence reduction in assessed value for the purpose of determining propertytaxes

Page 6: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Definitions for 400

The rate by which the net assessed value of a property is multiplied to yield the ___________ due is called the Millage Rate

Page 7: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

DAILY DOUBLE

Page 8: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Daily Double Definitions for 500

A series of standards and specifications designed to establish minimum safeguards in the erection and constrn. of buildings

Page 9: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Analytical for 100

One of the primary rationales for government interference in the real estate market is that markets are _______

Page 10: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Analytical for 200

Historic structure rehab did not occur in spite of providing tax credits primarily because of ______

Page 11: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

The original economic purpose of zoning was to minimize _________

Analytical for 300

Page 12: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

The largest local expenditure supported by property tax is for __________

Analytical for 400

Page 13: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Analytical for 500

The result of the mismatch which occurs when the beneficiaries of local public _______ do not always incur the cost of supporting the public services, is called Fiscal Redistribution

Page 14: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

T I F

Acronyms for 100

Page 15: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Acronyms for 200

N E P A

Page 16: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

A D AAcronyms for 300

Page 17: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Acronyms for 400

N I M B Y

Page 18: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

C E R C L A

Acronyms for 500

Page 19: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Numerical for 100

1 mill equals ____% of assessed value

Page 20: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Numerical for 200

If the assessment ratio is 35% for personal residences, then the assessed value of a house with appraised market value of $200,000 is _________

Page 21: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Numerical for 300

If the millage rate of the city, county and schools are 0.005, 0.010 and 0.015 respectively, then the total millage rate is

Page 22: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Numerical for 400

If the assessed value of a property is $100,000 and the Total Millage Rate is 0.040, then the property taxes due each year will be _________

Page 23: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Numerical for 500

If the actual Property Taxes due are $10,000, and the appraised market value of the property is $700,000, then the Effective Property Tax Rate = ______%

Page 24: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Site Assessment for 100

As a result of CERCLA, there are ____ defined stages of reports and actions

Page 25: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Site Assessment for 200

The purpose of a ____ report is to test and verify the extent of actual contamination

Page 26: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Site Assessment for 300The purpose of a ______ report is to determine whether there is evidence of past or current environmental problems on the subject site

Page 27: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Site Assessment for 400A _______ study is an actual action plan that usually includes remedial cleanup efforts

Page 28: Real Estate QUIZMASTER

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

Site Assessment for 500

A _______ report is now required by all commercial mortgage lenders prior to approving financing