The answer is racial discrimination is prohibited by any party in the sale or rental of real estate. The Jones v. Mayer decision held that the Civil Rights Act of 1866, banning all limitation on property rights on the basis of race, is the law of the land.
How is real estate impacted by each level of government local state & federal )?
Local government has the most influence on real estate markets. It affects the supply and cost of real estate through zoning and land use regulations, fees on new land development, and restrictive building codes. It also affects rental rates through the assessment of property taxes.
What percentage of households own their own home quizlet?
1. 67% of American households own a home.
What is the most common reason that a broker price opinion is used?
A broker price opinion, commonly known as a BPO, is a real estate professional’s opinion of a property’s value. BPOs are most often used when setting the list price of a property, similar to a comparative market analysis, and in the case of a foreclosure or short sale.
Which statement describes the Supreme Court’s decision in the case of Jones v Alfred H Mayer company? – Related Questions
Which of these liens has the highest priority?
A first lien has a higher priority than other liens and gets first crack at the sale proceeds. If any sale proceeds are left after the first lien is paid in full, the excess proceeds go to the second lien—like a second-mortgage lender or judgment creditor—until that lien is paid off, and so on.
What portion of households owns their house?
Homeownership rates in the U.S. began at 65.3% in the first quarter of 2020 and ended at 65.5% by the fourth quarter of 2021.
What is the population in the study quizlet?
A population is the entire group that is being studied while a sample is a subset of the population that is being studied.
What percentage of US households consist of married couples with children?
The 23 million number equals 17.8% of U.S. households consisting of a traditional, nuclear family.
Is the statement below true or false A variable is a characteristic of interest for each person or object in a population?
It is true that a variable is defined as a characteristic of interest for each person or object in a population.
What are the 3 types of variables?
An experiment usually has three kinds of variables: independent, dependent, and controlled. The independent variable is the one that is changed by the scientist.
What is a sample of interest?
having many characteristics within a group. For example, a medical study examines the spread of a specific disease in street dogs in a city. Here, street dogs belonging to that city are the population of interest. This population of interest or sample represents the entire population you want to conclude.
What is a characteristic of interest?
A characteristic of interest of an elements is called a variable.
What is variable interest?
variable of interest, in an experimental study, a changing quantity that is measured. One or more of these variables, referred to as the factors of the study, are controlled so that data may be obtained about how the factors influence another variable referred to as the response variable, or simply the response.
What are the different types of interest?
What are the Different Types of Interest? The three types of interest include simple (regular) interest, accrued interest, and compounding interest. When money is borrowed, usually through the means of a loan, the borrower is required to pay the interest agreed upon by the two parties.
What is a significant weakness of the ordinal scale?
a significant weakness of ordinal scale is. its inability to measure differences between the ranked values.
What is an example of an ordinal question?
Examples of ordinal scales
This popular form of survey question offers respondents an ordered range of answers from one extreme to another. Take, for example, these questions from our Employee Satisfaction Survey Template: How meaningful is your work? How challenging is your job?
What is ordinal example?
Examples of ordinal variables include: socio economic status (“low income”,”middle income”,”high income”), education level (“high school”,”BS”,”MS”,”PhD”), income level (“less than 50K”, “50K-100K”, “over 100K”), satisfaction rating (“extremely dislike”, “dislike”, “neutral”, “like”, “extremely like”).
What is an example of an ordinal scale?
Ordinal Examples
A student scoring 99/100 would be the 1st rank, another student scoring 92/100 would be 3rd and so on and so forth.
What are the 4 types of scales?
Each of the four scales (i.e., nominal, ordinal, interval, and ratio) provides a different type of information. Measurement refers to the assignment of numbers in a meaningful way, and understanding measurement scales is important to interpreting the numbers assigned to people, objects, and events.
What is meant by likert scale?
Likert scale, rating system, used in questionnaires, that is designed to measure people’s attitudes, opinions, or perceptions.