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What does General requirements for loan closing of land development?

What does Lender Requirements in Financing Land Development?

How do deposit method criteria affect real estate sales recognition? a) Based on payment schedule b) When title transfers c) Initial investment adequacy d) Property delivery date. Need answer of this Accounting MCQ. Find out

The cost of land improvements includes fencing, paving, parking areas, and lighting.   true or false?

Distinguish between the cost of land and the cost of land improvements with example.

Which of the following is treated as a land improvement? - fences - mowing your lawn - building an underground sewer system - None of the vbove

What are land improvements?

How do deposit method criteria affect real estate sales recognition? a) Based on payment schedule b) When title transfers c) Initial investment adequacy d) Property delivery date. Need answer of this Accounting MCQ.

(Multiple Choice Question) The cost of land includes   1. The purchase price of the land, plus the legal costs and land improvements such as fencing   2. The purchase price, legal fees, and any other costs needed to get the land ready for its intended use   3. Just the purchase price of the land   4. The purchase price plus land improvements such as fencing

How do land improvements differ from land?

According to our authors, what are land improvements?

What are the features of Rent discount for industrial/warehouse properties that might be added for properties?

pls help

1. The cost of land typically includes the purchase price and all of the following costs except A) private driveways and parking lots.                                                                 B) assumption of any liens or mortgages on the property.                                  C) street lights, sewers, and drainage systems cost.                                         D) grading, filling, draining, and clearing costs.

Who will have control over the operation of the property and decisions involving capital improvements, approving leases to tenants, financing and possibly refinancing the property, and when to sell the property?

Which of the following expenditures resulting from a trust’s ownership of commercial real estate should be allocated to the trust’s principal?     Building management fees.     Insurance premiums     Sidewalk assessments     Depreciation

Definition of Land Improvements

Land improvements are: Multiple Choice Additions to land that have limited useful lives. Also called basket purchases. Additions that increase the usefulness of land and are not depreciated. Expensed in the period incurred. Included in the cost of the land account.

A developer plans to start construction of a building in one year if at that point rent levels make construction feasible. At that time, the building will cost $1,020,000 to construct. During the first year after construction would take place, there is a 60 percent chance that NOI will be $151,500 and a 40 percent chance that the NOI will be $75,800. In either case, NOI would be expected to increase at 2 percent per year after the first year. Required: a. What is the value of the land at the end of the year in both possible scenarios? b. How much should the developer be willing to pay for the land? Complete this question by entering your answers in the tabs below. Required A Required B What is the value of the land at the end of the year in both possible scenarios? Land value if NOI is $151,500: Land value if NOI is $75,800: