Exam (elaborations)
IAAO Course 102- Review with Complete Solutions
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IAAO Course 102- Review with Complete Solutions Components of Capitalization Process - ANSValue, Net Operating Income, and Capitalization Rate The underlying economic principle of 3 approaches to value - ANSsubstitution Market Value is also known as - ANSvalue in exchange Most probable price the property will sell for in an arm's-length transaction under normal conditions on the open market - ANSmarket value Higher Cap Rate - ANSMeans Higher Risk and Lower Overall Value Lower Cap Rate - ANSMeans Lower Rise and Higher Overall Value Return of investment aka - ANSRecapture Rate (or getting back the amount invested) Return on Investment - ANSOverall Yield Ra
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IAAO Course 102
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IAAO Course 102
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- IAAO Course 102
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- IAAO Course 102
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- December 19, 2023
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- Written in
- 2023/2024
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