This blog accompanies the text, Real Estate Analysis: Environments and Activities by Julian Diaz III and J. Andrew Hansz. Student are encouraged to post assignments and original research papers to this blog. Please contact firstname.lastname@example.org for posting rights or to add your program to the blog. Some blog posts and objective questions maybe considered for publication in a future edition of the text.
Thursday, August 29, 2013
Chapter 1 Review Questions
1)Real estate and real property are commonly both
used to mean both space and rights; but technically, rights are the real
property and the space is the real estate.
2)Lack of information about what buyers are
willing to pay for property is a source of inefficiency in the real estate
3)The real estate process may or may not involve
4)A commercial bank is a financial institution
that specializes on the needs of businesses by focusing on long-term loans.
5)Successor entrepreneurs can only be large,
sophisticated real estate funds.
6)Some of the reasons that real estate markets are
inefficient are the following:
b.Critical mass of market participants
c.Large amounts of data
d.All of the above
e.None of the above
7)A real estate professional who maintains and
creates value to a property by maximizing its attractiveness and keeping it
leased up is a(n) _________.
8)A real estate professional working for a
government authority who estimates the value of property for tax purposes is