Sae Exam (Latest 2024/ 2024 Update) Questions And Verified Answers| 100% Correct| Grade A

What is a benefit to business owners for leasing instead of buying real estate for their business? {Ans: Monthly rent is a tax deduction as a business expense.}A Mortgage Banker gets paid fees from originating and serving loans. {Ans: }What's the purpose of the non-disturbance clause in a lease? {Ans: It assures the tenant they won't be evicted if they adhere to lease terms. This clause puts tenants on notice that they can stay- their possession of the unit won't be disturbed - provided they abide by the terms of the lease.}Conformity {Ans: Conformity says that value is created and maintained when the characteristics of a property fit in with its surroundings.}Keeping track of how many new homes are being built as a valuable market indicator of demand is an example of what market indicator? {Ans: New building permits. The # of new building permits indicates how many new homes are being built. Its a good indicator of demand because builders build when demand is high.}A living trust differs form a testamentary trust in that a living trust is established to convey property as well as to ____. {Ans: Transfer ownership before death and