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The term absorption rate refers to:

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An estimate of the rate which a type of real estate space will be sold or occupied
An estimate of the expected annual sales or new occupancy of a particular type of land use
The rate of return used to convert future payments into present cash values
None of the above
 
Correct answer
An estimate of the rate which a type of real estate space will be sold or occupied
 
Short term financing instruments are part of the 
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Capital Market
Absorption analysis
Feasibility study
Money Market
 
 
The highest price estimate in terms of money which the property will buy if exposed
for sale in the open market, allowing a reasonable time to find a buyer who buys with
knowledge of all uses to which it can be adapted and for which it is capable of being
used. 
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Price
Market Value
 
Salvage Value
Cost Value
 
The concept of market value presumes a price negotiated in a ____ market were the
participants acted freely.
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Open and Competitive
 
Semi-public and Limited
Private and Negotiable
Closed and Favorable
 
The differences between the Investment Value on an Asset with its Market Value are
provided by the ______.
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Motivation for Buyers or Sellers to enter the Market Place
 
The conditions between a willing buyer and a willing seller
The situation that a seller needs to sell and a buyer needs
The conditions of the cost of the asset and its Investment Feasibility
 
If someone owns a condominium unit, a ____________ can serve as best proof of
ownership
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Original Certificate of Title
Condominium Certificate of Title
 
Condominium Corporation Membership ID
None of the above
 
______ is a habitable dwelling unit which meets minimum requirements for a housing
core with the following additional components being included as part thereof 
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Shell House
 
Complete House
Hall House
Row House
 
The following statements are effects in a scenario where a beneficiary of socialized
housing program unlawfully sell, transfer or otherwise dispose of his lot or rights
thereon. Identify which is not included:
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The beneficiary loses his/her right over the land
Amortization paid is forfeited
Sale is null and void
None of the above

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