Introduction to the Real Estate

Which factor primarily affects supply in the real estate market?

Governmental monetary policy

What type of federal law prohibits discrimination in the provision of housing and housing related services including blending based on the individuals race color national origin religion sex familial status or disability?

Fair housing

Nationwide Multi state licensing system and registry was created to register

Mortgage loan originators

All of the following are categories of the uses of real estate property except

Developmental

All of the following would affect demand except

Monetary policy

All of the following affect how quickly the forces of supply and demand work except

Degree of standardization of the property price

Detailed information about the age education behavior and other characteristics of members of a population group is called

demographics

The term non-homogeneity refers to

uniqueness

Another term for personal property is

Chattels

The owner of a piece of vacant land removed and sold all the topsoil, lime stone, and gravel. At the owners death, which is true

The heir of the deceased inherits the property as is