PPE Cost Flashcards

Front

Purchase Price is a cost chargeable to

Back

Land or

Purchased Building or

Machinery

Front

Legal fees for establishing clean title is a cost chargeable to

Back

Land

Front

Broker or agent commission is a cost chargeable to

Back

Land

Front

Fees for registration and transfer of title is a cost chargeable to

Back

Land

Front

Cost of relocation or reconstruction of property belonging to others in order to acquire possession is a cost chargeable to

Back

Land

Front

Mortgages, encumbrances and interest on such mortgages assumed by buyer is a cost chargeable to

Back

Land

Front

Unpaid real property taxes up to date of acquisition assumed by buyer is a cost chargeable to

Back

Land

Front

Real property taxes subsequent to acquisition is a cost chargeable to

Back

Expense

Front

Cost of survey is a cost chargeable to

Back

Land

Front

Payments to tenants to induce them to vacate the land in order to prepare the land for the intended use but not to

make room for the construction of new building is a cost chargeable to

Back

Land