Texas Principle Of Real Estate 2 Already Passed

Profit {Ans: The result of selling something for more than what it cost to purchase it.}Condemned value {Ans: The value set by a county or municipal authority for a property which may be taken by eminent domain.}Time value of money {Ans: The idea that money is available at the present time is worth more than the same amount in the future due to its earning capacity}Title search reveals {Ans: -legal description of property -owners of record -any outstanding lien or encumbrances on the property.}Salvage value {Ans: The nominal value of a property that has reached the end of its economical life.}Deed restrictions {Ans: Place limits on how the property may be used}Restrictive covenant {Ans: Limitations placed on the use of land by the developer of a residential subdivision.}Extraction {Ans: Land value is estimated by deducting and depreciated cost of improvements on a property from the total sale price of the property}Evaluation {Ans: A study of nature, quality, or utility of certain property interest in which a value estimate is not necessarily required.}General data {Ans: Information about The Property's location-it's country, region, city, and neighborhood}Syndicates 3 cycles {Ans: Organization, operation,