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2 years ago

Parking spaces in multiunit buildings, water rights, and similar things of value that convey with property are classified as

1 answer:

6 0

Parking spaces in multiunit buildings, water rights, and similar things of value that convey with property are classified as Appurtenances.

<h3>What Is Appurtenance?</h3>

In real estate, an appurtenance is something that is installed in or sits on a property. It is something that is considered a part of the property, is sold with the property, and it is passed on to the new owners.

When we talk about appurtenances we are often talking about things that run with the land. Appurtenance originates from the word 'appertain,' which means to relate to, be appropriate, or applicable.

Before defining appurtenance,

<h3>What is Real Property ?</h3>

In real estate, real property is defined as immovable or fixed property, any property attached to the land and even the land itself. This also includes permanent fixtures within the property, that are not personal property and easily moved.

Some common examples:

Exterior buildings (e.g., barn, shed)
a fence.
Inground pools.
hot water heater.
Ceiling fans.
Window blinds (if installed).
Fixtures (excluding trade fixtures).
Cabinetry.
Furnace.
Existing crops.
Oil or mineral rights.
A shared driveway (with attached easement appurtenant).
a tree.
Water rights (given to an adjoining property).
in-ground swimming pools.
Easements.

Appurtenances are important to understand as they can have an effect on landlord and tenant relations as well as that between buyer and seller.

Learn more about Easement Appurtenances on:

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Grameen Bank extends credit to the very poor to give them the opportunity to build better lives. Other businesses target poor pe

Dvinal [7]

Explanation:

Grameen bank is one of the pioneers in the world of Micro Finance Institutes, which not only provides the poor with access to financial capital but also helps them build a better business which allows them to escape from the poverty cycle. This lead to an overall upward economic movement in the society, improving the economic condition of a country as a whole. Through these micro finance loans, a number of SMEs (Small and Medium Enterprises) emerges which further provide employment opportunities to other people thus starting a virtuous cycle of economic growth.

As the economic condition of the poor becomes better, these poor people inturn becomes customer for these business for other products thus being a huge source of profit.

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3 years ago

According to research conducted by collins and Porras, which of the following is a common practice that explains the success of

tatiyna

According to research conducted by collins and Porras, the common practice that explains the success of visionary companies-Core Ideology

Explanation:

The core ideology defines the characteristic of an organization—like technological know how , management trends , and individual leaders.

For a firm it is more important to know who they are and how they will go ahead with the changes around them(futuristic vision). The Leaders will die, products will become obsolete, markets demand will change, new innovations will emerge, and management will change , but the core ideology of a company acts as a source of guidance and inspiration in hard times . Core ideology is the glue that holds an organization together when it undergoes the process of growth , decentralization, diversification and expansion

Core Ideology typically means the Vision,Mission & Values of an organization. The ideology acts as a source of communication to stakeholders (i.e. from employees to investors about what the company will stick to and the guidelines to which it will adhere in the future.)

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3 years ago

Helen spent the last 85 days of 2020 in a nursing home. The cost of the services provided to her was $27,625 ($325 per day). Med

Vsevolod [243]

Answer:

Amount included in gross income of Helen is $0.

Hence, There will be no effect upon the gross income of Helen.

Explanation:

Data Given:

Number of Days Helen Spent = 85 days

Cost of the services = $27,625

Medicare Paid = $8400

Benefits received = $15440

Assumption: Federal Daily Excludible amount = $380

Solution:

Daily Statutory amount = Daily Excludible amount x number days spent

Daily Statutory amount = $380 x 85 days

Daily Statutory amount = $32300

We know that,

Amount of Medicare Paid = $8400

So, now we need to calculate the amount of exclusion first.

1. Amount of Exclusion = cost of the services - Medicare paid

Amount of Exclusion = $27625 - $8400 = $19225

So, now we calculate the amount included into the gross income of Helen.

2. Amount included in gross income = Benefits Received - Amount of Exclusion

Amount included in gross income = $15440 - $19225

Amount included in gross income = -$3785

Here, we will not cater the negative, which means that amount included in gross income of Helen is $0.

Hence, There will be no effect upon the gross income of Helen.

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3 years ago

Which of the following is not a product cost under variable costing?

irakobra [83]

There are no options

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2 years ago

If interest rates in general were to fall, 1. the prices of existing bonds would rise 2. the prices of existing bonds would fall

IRINA_888 [86]

Answer:

1. the prices of existing bonds would rise

Explanation:

General Interest rates and price of a bond are inversely related. The market interest rate also reflects an investors expected rate of return also referred to as yield to maturity i.e YTM.

Mathematically, price of a bond is the present value of it's future stream of coupon payments as well as principal repayments discounted at investors expected rate of return i.e YTM.

So, when market interest rates fall in general, this would lead to a rise in the price of bonds as general interest rates represent yield to maturity.

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3 years ago