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20 Cards in this Set
- Front
- Back
Outdated, square tile countertops would
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D) curable functional obsolescence |
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Which of the following would be a
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A) terms of sale |
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The first step in the income approach to
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A) calculate the potential gross income of the property |
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An appraiser is assessing the value of a
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B) $2,074, 074 |
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If the appraiser in question #4 were using a
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D) there is not enough information |
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Depreciation is applied to:
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B) the building |
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Which of the following is considered
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B) the home backs up to a main thoroughfare |
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The Harrigans write an offer of $175,000 on
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C) substitution |
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Your land is valued at $240,000 an acre. It is
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C) $219,600 |
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Which approach is best suited for a special
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A) cost approach |
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Which of the following is NOT one of the
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D) time |
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An out‐of‐state investor sees a 4‐plex with
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D) 7.5 million |
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With which type of income producing
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A) shopping center |
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The subject property being appraised has a
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C) adjust the comparable upward for the contribution of the room |
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What term would best indicate that the
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A) arms length |
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A comparable property just sold for
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C) Adjust the comparable property |
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What is the name of the standard form of
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A) uniform residential appraisal report |
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Which method of valuation would factor in
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A) cost approach |
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The developer of her property intends to
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D) assemblage |
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What might be the cause of an appraisal to
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D) all of these |