Module 10A: Managing Woodlot Finances: Planning and Investment Guide

Results

This person got 10 of 11 possible points.
Total score: 91 %

Question Results

Score 1 of 1

Question:

When buying a woodlot consider whether you want a short term or a long term investment.

Response:

True

False

Score 1 of 1

Question:

Real estate agencies are the only source for finding woodlots for sale.

Response:

True

False

Score 0 of 1

Question:

Timber value includes both merchantable and pre-merchantable timber.

Response:

True

False

Score 1 of 1

Question:

Reviewing management plans, aerial photographs, topographic maps, contacting Land Information Centres, and consulting with forestry professionals are some of the ways to discover what features are on a property.

Response:

True

False

Score 1 of 1

Question:

Long term and short term investment goals are incompatible on all woodlots.

Response:

True

False

Score 1 of 1

Question:

Bare land value refers to the total value of land when all assets including timber, recreational, mineral, access and frontage values have been considered.

Response:

True

False

Score 1 of 1

Question:

A right-of-way agreement is something that should be dealt with before transfer of title.

Response:

True

False

Score 1 of 1

Question:

The preferred way to transfer property is by Warranty Deed.

Response:

True

False

Score 1 of 1

Question:

A Certificate of Title will allow you to gain access to your woodlot through an adjacent property.

Response:

True

False

Score 1 of 1

Question:

Christmas trees, stumpage, and hunting leases are some examples of sources of income that can be generated through a woodlot investment.

Response:

True

False

Score 1 of 1

Question:

Three values that should be considered when deciding what a woodlot is worth are_____,_____ and _____

Response:

Bareland Value

Timber value

Recreation value

Mineral value

Frontage value

Access value