IAAO 102 /IAAO 102 Income Quiz 1 and 2: Questions & Answers/ Updated Solution
what is the type of rent when the contract rent exceeds market rent (Ans- excess rent what rate is the return of the investment (Ans- recapture rate providing free rent in order to attract a tenant is called what? (Ans- concessions what is it when the market rent is greater than the contract rent? (Ans- deficit what term is the use of comparable sales to derive an overall rate? (Ans- direct capitalization rate overall rate is percentage of what (Ans- market value what are the three basic components of the capitalization formula (Ans- IRV
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