The ownership interest held by the lessor, which includes the right to receive the
contract rent specified in the lease plus the reversionary right when the lease expires"
is the definition of
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leased fee interest
,Which valuation approach relies most heavily on the principle of substitution?
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sales comparison
The Appraisal Foundation is a
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not for profit organization
The appraisal standards and qualification criteria promulgated by the boards of The
Appraisal Foundation achieves legal authority by adoption, citation or implementation
by
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government agencies
In a particular market, there is a demand for 500 houses per year, and there are
currently 1,500 houses for sale. What does this most likely indicate?
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, there is a three-year supply of homes currently for sale
USPAP defines _________ as the amount asked, offered, or paid for a property.
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price
A(n) __________ contract is one that is not been fully performed or completed.
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executory
The current number of appraisal education hours required for Certified General
Appraiser applicants is ______ hours.
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300
Who retains final authority over revisions to USPAP?
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contract rent specified in the lease plus the reversionary right when the lease expires"
is the definition of
Give this one a try later!
leased fee interest
,Which valuation approach relies most heavily on the principle of substitution?
Give this one a try later!
sales comparison
The Appraisal Foundation is a
Give this one a try later!
not for profit organization
The appraisal standards and qualification criteria promulgated by the boards of The
Appraisal Foundation achieves legal authority by adoption, citation or implementation
by
Give this one a try later!
government agencies
In a particular market, there is a demand for 500 houses per year, and there are
currently 1,500 houses for sale. What does this most likely indicate?
Give this one a try later!
, there is a three-year supply of homes currently for sale
USPAP defines _________ as the amount asked, offered, or paid for a property.
Give this one a try later!
price
A(n) __________ contract is one that is not been fully performed or completed.
Give this one a try later!
executory
The current number of appraisal education hours required for Certified General
Appraiser applicants is ______ hours.
Give this one a try later!
300
Who retains final authority over revisions to USPAP?
Give this one a try later!
