Effective age {Ans: the percentage of the total life lost or used up of a building}Residential zoning {Ans: Based on density, density limits the number of dwelling units that are allowed per acre}Operating expenses {Ans: do not include mortgage payments, tax depreciation, capital improvements, personal expenses unrelated to operation of the property, and income taxes.}Concealment {Ans: occurs when a broker fails to disclose information to a party, to whom the borker has such a duty, and that is material to his or her decision.}False {Ans: A non- US Citizen can be denied (True or False)}Granting clause {Ans: is the only legally necessary clause required in a deed}