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Basic Appraisal Procedures- FINAL EXAM Q's With 100% Correct Solutions.

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Basic Appraisal Procedures- FINAL EXAM Q's With 100% Correct Solutions. The most common heating systems in residential construction today are -hot water -heat pumps -forced warm air -electric radiant - Correct Answer hot water A _______________ home has a permanent steel chassis, wheels and axles. -panelized -modular -pre-cut -manufactured - Correct Answer manufactured "The total period a building lasts or is expected to last..." is the definition of _________ life. -useful -expected -real -physical - Correct Answer physical "The actual rental income specified in a lease" is the definition of ___________ rent. -deficit -contract -market -lease - Correct Answer contract A comparable new house just sold for $440,000. You estimate the value of the site at $90,000 and the cost of the site improvements at $15,000. It has 2,885 square feet of GLA. What is its unit cost? -$108.44 -$116.12 -$120.46 -$124.90 - Correct Answer -$116.12


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