BASIC APPRAISAL PRINCIPLES- CH
7 EXAM QUESTIONS AND
ANSWERS 100% PASS
absorption analysis - ✔✔a study of the number of property units that can be sold or
rented in the marketplace during a curtain period of time.
amenities - ✔✔tangible or intanible aspects of a property.
competitive supply - ✔✔properties available in the marketplace that a buyer would
accept as ready substitutes, since they share the same features and utility as the subject.
base companies - ✔✔the main companies and industries that bring new business and
jobs to the area.
economic base analysis - ✔✔a study of the present business and employment situation
in the area, conducted to determine the likelihood of continued stability, growth or
decline.
feasibility study - ✔✔a study of the cost-benifit relationship of an economic endevor.
household - ✔✔a group of people living in one unit of housing.
market analysis - ✔✔the study of economic conditions in an area.
market - ✔✔a place where goods are exchanged, often between buyers and sellers.
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7 EXAM QUESTIONS AND
ANSWERS 100% PASS
absorption analysis - ✔✔a study of the number of property units that can be sold or
rented in the marketplace during a curtain period of time.
amenities - ✔✔tangible or intanible aspects of a property.
competitive supply - ✔✔properties available in the marketplace that a buyer would
accept as ready substitutes, since they share the same features and utility as the subject.
base companies - ✔✔the main companies and industries that bring new business and
jobs to the area.
economic base analysis - ✔✔a study of the present business and employment situation
in the area, conducted to determine the likelihood of continued stability, growth or
decline.
feasibility study - ✔✔a study of the cost-benifit relationship of an economic endevor.
household - ✔✔a group of people living in one unit of housing.
market analysis - ✔✔the study of economic conditions in an area.
market - ✔✔a place where goods are exchanged, often between buyers and sellers.
100% Pass Guarantee Emily Charlene All Rights Reserved © 2025 1
