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im 15 and trying to be mature enof to look at getting a house in the future an wondering what finances are
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∙ 15y ago
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When do you have to have a certified general appraisal?
A Certified General Appraiser is required if the property is a non-residential property or a residential property that exceeds four units.
Can you have residential property and commercial property on the same land?
In some areas you can have residential property and commercial property on the same land. It will depend on what the area is zoned for. Some areas are strictly residential, some are strictly commercial, and some are mixed.
Is commercial property worth more that residential?
It depends on a lot of things such as location and size of the property. However usually residential property is more expensive.
Can residential property be levied to pay debt?
Yes residential property can be levied to pay back a debt. It is common for a bank to put a levy on a property.
Are Apartments a commercial property?
No residential.
Is a bed breakfast residential or commercial property?
A bed and breakfast should be considered commercial property. Residential property is classified as single home dwellings not for business use.
What is effect to residential or commercial centers?
Commercial property outside the property line, impact the price of residential property, including proximity to schools, essential services and neighborhood amenities.
What is the Depreciation of a replacement air conditioning unit on rental property?
If the rental property is residential rental property, depreciate over 27.5 years. If this is non-residential rental property, depreciate over 39 years.
Is Florida a nonrecourse state on residential property?
No
What is residental property management?
Residential property managment means the management of personal property like homes, apartment. Its involves the processes, systems and manpower required to manage property also have unique service and facility to manage residential property.
How many houses are in foreclosure?
1. Commercial Property 2. Residential Property
Can a state certified residential appraiser appraise a 7-unit residential property?
Yes, a state certified residential appraiser can appraise a 7-unit residential property. However, there may be additional considerations and expertise required for appraising multi-unit properties, such as analyzing the income and expenses of the property to determine its value. It is recommended to choose an appraiser with experience in appraising multi-unit properties to ensure an accurate assessment.
