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12 Cards in this Set
- Front
- Back
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Properties value- debt |
Equity |
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This occurs when the benefits from borrowing exceeds the cost of borrowing |
Positive Leverage |
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An advantage of real estate investment is as a property appreciates in value and the mortgage debt is reduced, the Investor's Equity grows. |
Equity build up |
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Comparable sales analysis Cost approach Income analysis Liquidation analysis Are all methods to estimate |
Value of a business |
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When a Florida property owner feels the assessed value is inaccurate the first step is to contact the __________. If the person they've contacted finds the owner to have valid basis in fact they have the authorization to make a change and to lower the assessed value. |
County Property appraiser |
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If someone is 10% disabled during wartime service how much can be deducted from their assessed value and homestead exemption? |
$5,000 |
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This amendment to the Florida Constitution caps how much the assessed value of Homestead Property may increase in a given year. |
The save our homes Amendment |
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These are one-time taxes levied on properties to help pay for public improvements that benefit the property. Examples are City sewers and streets being paved. |
Special assessments |
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Who is given the Authority for Subdivision plat approval, site plan approval, and sign control. |
City Planning commission's |
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Strip of land separating one land use from another. |
Buffer zone |
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Which business Arrangement can be registered as a real estate broker? |
Any type of Corporation |
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Within how many days of receiving a citation mail licensee submit a written objection? |
30 days |
