Chapter 12 Book Quiz

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Question 1 of 1

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500832

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In the appraisal of residential property, the cost approach. is most reliable in the case of:

Select the correct answer(s).

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500833

180

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Which of the following may be used to figure accrued depreciation?

Select the correct answer(s).

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500834

180

none

Which of the following approaches to value estimation is based upon the calculation of construction costs at current prices of a property that serves the same purpose or funcation as an original property?

Select the correct answer(s).

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500835

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When a property’s value increases due tothe impactof physical, governmental, economic, and social forces, that increase in value is called

Select the correct answer(s).

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500836

180

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In the sales comparison approach, the value of a feature present in the subject property but not in the comparable would be:

Select the correct answer(s).

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500837

180

none

When selecting comparables for a comparison approach to market value, it is a good practice to:

Select the correct answer(s).

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500838

180

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The most difficult depreciation to correct would be:

Select the correct answer(s).

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500839

180

none

Enter question. For example, 'What is the capital of France?'

Select the correct answer(s).

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500840

180

none

Using a twelve percent capitalization rate, an apartment complex is valued at $480,000. What will be the value of the same property if a ten percent capitalization rate is used?

Select the correct answer(s).

(0/0)

500841

180

none

In attempting to estimate the market value of a house he is listing, a licensee discovers that the owner paid $310,000 for the house six years ago. What effect will this number have on this estimate?

Select the correct answer(s).

(0/0)

500842

180

none

When using the sales comparison approach, the appraiser would utilize data derived from:

Select the correct answer(s).

(0/0)

500843

180

none

The gross rent multiplier produces the best results when used to estimate the value of:

Select the correct answer(s).

(0/0)

500844

180

none

A method of estimating proposed construction costs by adding the cost of all the building’s component parts is the:

Select the correct answer(s).

(0/0)

500845

180

none

In the capitalization approach to establishing value, the selection of the. cap rate to use reflects all of the following except:

Select the correct answer(s).

(0/0)

500846

180

none

Chapter 12 Book Quiz

Question 1 of 1

Time Left

In the appraisal of residential property, the cost approach. is most reliable in the case of:

Select the correct answer(s).

(0/0)

Which of the following may be used to figure accrued depreciation?

Select the correct answer(s).

(0/0)

Which of the following approaches to value estimation is based upon the calculation of construction costs at current prices of a property that serves the same purpose or funcation as an original property?

Select the correct answer(s).

(0/0)

When a property’s value increases due tothe impactof physical, governmental, economic, and social forces, that increase in value is called

Select the correct answer(s).

(0/0)

In the sales comparison approach, the value of a feature present in the subject property but not in the comparable would be:

Select the correct answer(s).

(0/0)

When selecting comparables for a comparison approach to market value, it is a good practice to:

Select the correct answer(s).

(0/0)

The most difficult depreciation to correct would be:

Select the correct answer(s).

(0/0)

Enter question. For example, 'What is the capital of France?'

Select the correct answer(s).

(0/0)

Using a twelve percent capitalization rate, an apartment complex is valued at $480,000. What will be the value of the same property if a ten percent capitalization rate is used?

Select the correct answer(s).

(0/0)

In attempting to estimate the market value of a house he is listing, a licensee discovers that the owner paid $310,000 for the house six years ago. What effect will this number have on this estimate?

Select the correct answer(s).

(0/0)

When using the sales comparison approach, the appraiser would utilize data derived from:

Select the correct answer(s).

(0/0)

The gross rent multiplier produces the best results when used to estimate the value of:

Select the correct answer(s).

(0/0)

A method of estimating proposed construction costs by adding the cost of all the building’s component parts is the:

Select the correct answer(s).

(0/0)

In the capitalization approach to establishing value, the selection of the. cap rate to use reflects all of the following except:

Select the correct answer(s).

(0/0)

The cost approach would be the least reliable method to use in estimating the alue of a seventy year old building because of:

Select the correct answer(s).

(0/0)

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