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What does the gross rent multiplier indicate?
A factor of rents to price
Net operating income to value
Income minus expenses
Income minus expenses and depreciation - ✔✔a factor of rents to price
What is the smallest unit of measurement
Metes and bounds
Sectional survey
The boilerplate form approach
Lot and block - ✔✔Lot and block
A plat map would include everything EXCEPT:
Buildings
Lot size
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, Easements
Lot and Block - ✔✔Buildings
Markers and degrees are found in what type of survey?
Section survey
Lot and Block / Plat Map
Metes and Bounds
Government Rectangular Survey - ✔✔Metes and bounds
In a correctional township, fractional sections are:
Northeast Sections
Southwest sections
North and West
South and West - ✔✔North and West
How many townships are in a 24-mile square
8
12
16
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