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APPRAISAL FINAL EXAM 2024 WITH 100% CORRECT ANSWERS
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APPRAISAL FINAL EXAM 2024 WITH 100% CORRECT ANSWERS Which circumstance might cause a transaction NOT to be arm's length? - correct answer a. market conditions are known by seller b. Property has been adequately exposed c. seller was not influenced by hast or duress d. seller was not knowledgeable of value ANSWER: D A document also referred to as a tax or assessors map is a(n) - correct answer a. assemblage plan b. plat map c. plottage map d. none of the above ****ANSWER: B If a property's effective gross income is $14,351.40 and vacancy is calculated at 6.2%, what is the potential gross income - correct answer a. 15,2000 b. 15,241.19 c. 15,267.45 d. 15,300 ***ANSWER: D
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