Operations Management Assignment | Top Essay Writing
Question 1)
In class, we discussed what a fixture is. Please list FIVE methods by which you can test whether an item is a fixture? (10 Points)
Question 2)
In Canvas I have uploaded a sample tax sheet labeled “TAX.” (it is similar to a property tax bill). Based upon your required reading in Chapter 4, tell me the Effective Tax Rate for this property? (5 Points)
Question 3)
A square land parcel has 100 feet on all four sides. The zoning allows for a 4 to 1 FAR. The property sold for $1,000,000. What is the Price per FAR or Price per Building Area? (5 Points)
Question 4)
You are in the State of California. Person A leases Land to Person B. Person B built a restaurant on the land and leased the restaurant to Person C. Person A and C are a married couple. What property rights does Person C have? (5 Points)
Question 5)
Fred and Harry are brothers. Harry lives in Chatsworth. Fred purchases a house in Northridge and obtains a first trust deed loan of 90% of the purchase price through Chase Bank as the sole owner. Fred lives in the house for 12 months and then decides he no longer wants to live in Northridge; Fred then Quitclaims the house to his brother Harry. What will Chase Bank most likely do? (5 Points)
Question 6)
For question, please review the following link:
https://www.lavote.net/home/records/property-document-recording/documentary-transfer-taxes (Links to an external site.)
Based upon your Chapter 5 reading, and the above link, the documentary stamp tax of a property located in the City of Santa Monica in Los Angeles County that recently sold was $29,250. What was the sale price of the property that sold in Santa Monica?
(10 Points)
Question 7)
For question, please review the following link:
https://www.lavote.net/home/records/property-document-recording/documentary-transfer-taxes (Links to an external site.)
Based upon your Chapter 5 reading, and the above link, a property in Redondo Beach sold for $13,295,500. What are the documentary transfer tax stamps? Get Operations Management homework help today