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3 Cards in this Set
- Front
- Back
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Immobility consequences occur |
The location of real estate is an important factor in determining its value |
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Immobility consequences occur |
Real estate markets are local and real estate professionals need to be familiar with the market in the area |
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Immobility consequences occur |
Land is easily regulated and taxed by local governments AND the value of real estate is heavily influenced either favorably or unfavorably by changes in the surrounding area AND an exact legal description of the properties location including definite reference points is required when the title to property is transferred |
