REE Final UPDATED Exam Questions and CORRECT Answers
All are used in valuation of income-producing property except: - Income tax Capitalization is employed in the: - Income approach - income properties A gross lease is one that: - The landlord pays for all operating expenses When estimating the market value of an income-producing property, the appraiser will not consider - Income taxes attributable In income capitalization, value is measured as the present worth of the - Net operating income divided by the overall capitalization rate Income capitalization techniques are not typically used in valuing: - Properties that do not generate income
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