The _____________ is the simplest measure of dispersion.
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Range
,If 200 new homes are sold in Newtown in a single year, and XYZ Homes sold 40 of them,
what is XYZ's capture rate?
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20%
If a building does not represent the highest and best use of the land as vacant:
The building may suffer functional obsolescence
The building may have no contributory value to the land
The building may have a negative value
Any of the above
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Any of the above
When do improvements add the most value to a property?
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When the property is used for its highest and best use
When analyzing legal permissibility, what should an appraiser consider?
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Covenants, conditions, and restrictions
___________________ is the net income attributed to the land remaining after the costs of the
agents of production have been paid.
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Surplus Productivity
Market delineation defines the _____________ demand for a specific property.
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Geographic
Applications for GIS software include:
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Evaluation of places for location of new stores
, In deciding which highest and best use test constraint to apply first, an appraiser may
find it helpful to:
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Apply the restrictive covenant first
Demolition illustrates the difference between Economic life and ___________ life.
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Physical
What is the appraiser's opinion of site value based on?
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The property's highest and best use
Level __ market analysis projects future growth.
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Range
,If 200 new homes are sold in Newtown in a single year, and XYZ Homes sold 40 of them,
what is XYZ's capture rate?
Give this one a try later!
20%
If a building does not represent the highest and best use of the land as vacant:
The building may suffer functional obsolescence
The building may have no contributory value to the land
The building may have a negative value
Any of the above
Give this one a try later!
Any of the above
When do improvements add the most value to a property?
Give this one a try later!
When the property is used for its highest and best use
When analyzing legal permissibility, what should an appraiser consider?
,Give this one a try later!
Covenants, conditions, and restrictions
___________________ is the net income attributed to the land remaining after the costs of the
agents of production have been paid.
Give this one a try later!
Surplus Productivity
Market delineation defines the _____________ demand for a specific property.
Give this one a try later!
Geographic
Applications for GIS software include:
Give this one a try later!
Evaluation of places for location of new stores
, In deciding which highest and best use test constraint to apply first, an appraiser may
find it helpful to:
Give this one a try later!
Apply the restrictive covenant first
Demolition illustrates the difference between Economic life and ___________ life.
Give this one a try later!
Physical
What is the appraiser's opinion of site value based on?
Give this one a try later!
The property's highest and best use
Level __ market analysis projects future growth.
Give this one a try later!