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The definition of: the ability of different systems to connect and communiate in a coordinated way is _____________.

85. Which lender is a co-operative association organized to promote thrift among its members and provide them with a source of credit? a.  REIT.                        b.  Pension plan.                         c.  Insurance company.   d.  Credit union.

76. The county assessor determines a property’s: a.  assessed valuation. b.  documentary transfer tax.    c.  estate taxes. d.  tax rate.

63. A lease for more than one year must be: a.  in writing.         b.  notarized.        c.  filed with the county. d.  all answers are correct.

Which version of ICD was published in January 2022, but is not currently used in the US?

Which phrase is the best definition of a project?

74. The fair housing violation of refusing to loan or insure a house because of a property’s location is also known as: a.  steering.                      b.  panic selling.              c.  redlining. d.  block busting.

50. Real property is assessed: a.  every ten years.                       b.  each time it is leased.                       c.  at 150% of its selling price or market value, whichever is higher. d.  each time it is sold.

96. The substitution, by agreement, of a new contract for an existing one with the intent to cancel the old contract, is known as: a.  mutual consent.                     b.  assignment.                c.  novation. d.  none of the answers are correct.

35. Income-producing property owners can deduct which of the following from their federal income taxes? a.  Property taxes b.  Prepayment penalties          c.  Depreciation of improvements d.  All answers are correct