Question: Please ANSWER ALL THREE QUESTIONS and only answer no need for explanation, thanks 1 - The interest on an assumed mortgage is entered on the

Please ANSWER ALL THREE QUESTIONS and only answer no need for explanation, thanks

1 - The interest on an assumed mortgage is entered on the Closing Disclosure as a?

A) debit to the seller only.

B) debit to the buyer only.

C) debit to the seller and a credit to the buyer.

D) credit to the seller and a debit to the buyer.

2 - Which type of age is used to calculate depreciation in the cost approach?

A) Accelerated

B) Chronological

C) Historical

D) Effective

3 - Which characteristic is an advantage of real estate investment?

A) Equity buildup

B) Expenses associated with expertise

C) More localized market

D) Need for active management

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