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grandymaker [24]
3 years ago
7

Ownership of real property is usually transferred by an instrument called a

Business
2 answers:
Aleksandr [31]3 years ago
6 0
<span>DEED. The attorney involved in conveyancing is the person who takes the desires of the buyer and seller and translates them into reality by drafting and recording appropriate deeds or similar instrument.There are two type of deeds commonly used in real estate transactions.The most common of deed is warranty deed.A warranty deed transfers ownership and also explicitly promises that the grantor/seller holds good title to the property.The other form of deed is quitclaim deed.A quitclaim transfers any ownership interest the grantor/seller has in the property,but makes no promises or guarantees about what that interest is or that title is good.</span>
sukhopar [10]3 years ago
6 0

Its transferred with a DEED

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Answer and Explanation:

The Residential properties are depreciated over 27.5 years

Then:

The total amount of depreciation is $15,635. We assume that the property is sold in 2015.

Therefore, depreciation will be allowed only for 5 years such that the annual depreciation will be $3127 for 5 years.

He saves $781.75 annually (0.25*$3127).

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$10,000 gain taxed at a maximum of 25% (or 33% if the gain pushes the taxpayer into a higher tax bracket).

$10,000 gain taxed at a maximum of 25%

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3 years ago
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As the president of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
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B. Information Management

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Most people buy a house with cash. True False
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 The answer would be False
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during the 1970s, some economists argued that the cause of the woes of the economy were due to . a.) increase in unemployment, a
mr Goodwill [35]

During the 1970s, some economists argued that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil

<h3>What was the economic crisis of the 1970s?</h3>

This refers to the term that is used to discuss and describe the economic crisis that threatened to engulf the United States financial sector due to certain influences such as the 1973 oil crisis, the fall outs of the Vietnam War under President Johnson and many other factors.

Hence, it can be seen that with these factors in mind, the main argument of some economists was that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil as can be found in option D which is true because of the supply shock which helped to cripple the US economy.


Read more about economic crisis of the 1970s here:

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