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VanEd Unit 7, Property Management and Other Topics Q&A Latest Update
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Uploaded on: | May 13, 2025 |
Last updated: | May 13, 2025 |
Number of pages: | 13 |
Written in: | 2025/2026 |
Type: | Exam (elaborations) |
Contains: | Questions & Answers |
Tags: | VanEd Unit 7, Property Management and Other Topics Q&A Latest Update |
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VanEd Unit 7: Property Management & Other Topics | Q&A Latest 2025/2026 | 100% PASS ‘Abrogate - Answer -to abolish by formal or official means; to annul by an authoritative act; to repeal Actual Cash Value - Answer -this coverage pays you an amount equal to the replacement value of damaged property minus depreciation. this is distinguished from replacement cost Actual Eviction - Answer -deliberate landlord action through the courts to remove a tenant from occupancy Asbestos - Answer -a hazardous substance that has been used in a wide variety of household products (ceilings, wall and pipe coverings, floor tile), and the fiber has been found to cause lung and stomach cancer. removal of materials containing this substance requires specialized handling procedures Attractive Nuisance Doctrine - Answer -a doctrine of tort law which holds that property owners who maintain conditions which are both hazardous and attractive to children may be held liable for injuries i.e. swimming pools, construction sites, and discarded appliances are some examples that commonly attract children