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Examen
REE 4103 EXAM 1 Exam Questions and Answers (Verified Answers) Most Recent exam COMPLETE (2025) (Latest Update 2025) UPDATE!!
NuevoREE 4103 EXAM 1 Exam Questions and Answers (Verified Answers) Most Recent exam COMPLETE (2025) (Latest Update 2025) UPDATE!!
Examen
Real Estate Valuation REE 4103 Bailey FSU Exam Two Questions 
with Correct Answers (Grade A+)
PopularReal Estate Valuation REE 4103 Bailey FSU Exam Two Questions 
with Correct Answers (Grade A+) 
Question 1: (Ch. 17) If the site represents 40% of the total value in a particular neighborhood, how 
much land value would be allocated from a $200,000 sale of a single family home? 
Answer: Sale Price * Site Ratio = Land Value $200,000 * .40 = $80,000 
Question 2: (Ch. 17) Land is always valued considering 
Answer: Its highest and best use as though vacant. 
Question 3: (Ch. 17) The land valuation te...
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Full Package-;;Ree 4103 Exams
NuevoREE 4103 EXAM 3 BAILEY Questions with Correct Answers (Grade A+)

23
Exam (elaborations)
REE 4103 Unit 8 Quiz Questions with Correct Answers (Grade A+)

24
Exam (elaborations)
REE 4103 Unit 10 Questions with Correct Answers (Grade A+)

25
Exam (elaborations)
REE 4103 Unit 7 Quiz Questions with Correct Answers (Grade A+)

26
Exam (elaborations)
Real
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Full Package-;;Ree 4103 Exams
NuevoREE 4103 FSU Exam 1 Questions with Verified Answers| Latest Update Graded A+

2
Exam (elaborations)
REE 4103 Exam 1 FSU Bailey Questions with Verified Answers| Latest Update Graded A+

3
Exam (elaborations)
REE 4103 CH 19/20 Questions with Correct Answers (Grade A+)

4
Exam (elaborations)
REE 4103 Exam # 3 Ext
Examen
REE 4143 - Exam 2 Questions with Correct Answers (Grade A+)
NuevoREE 4143 - Exam 2 Questions with Correct Answers (Grade A+) 
Question 1: The Recoveries section allows you to enter information about recoveries (money you charge 
the tenant to cover expenses). Setting recovery timing is important. In which of the following recovery 
timing and recovery inflation timing will mirror the month selected in the Inflation Month field? 
Answer: Fiscal recovery using fiscal inflation 
Question 2: _____ is applied to general elements in the property valuation including...
Examen
REE 4143 test 1 quiz Questions with Correct Answers (Grade A+)
NuevoREE 4143 test 1 quiz Questions with Correct Answers (Grade A+) 
Question 2: A Comparable sale sold for $110,000 with a down payment of $25,000. The Seller 
owner-financed the mortgage for a 20-year term @ 10% interest. What is the monthly payment for the 
mortgage on the comparable property? $820.26 $9,984.00 $1,000 none of the above 
Answer: $820.26 
Question 3: What is the present value of the following series of cash flows discounted at 12 percent: 
$40,000 now; $50,000 at the end of the firs...
Examen
REE 4143 Test 1 Questions with Correct Answers (Grade A+) 

NuevoREE 4143 Test 1 Questions with Correct Answers (Grade A+) 
Question 1: What is the periodic payment of a fully amortized mortgage with annual payments, an 
initial loan amount of $125,000, a loan term of 25 years, and a interest rate of 9.75% per year? 
$3,348.11 $1,113.92 $13,507.12 $12,187.50 PV = 125000; N = 25; I=9.75; FV = 0 PMT = 13507.12 
Answer: $13,507.12 
Question 2: How much would you pay today to receive $50 in one year and $60 in the second year if you 
can earn 15 percent interest ...
Examen
REE 4143 FSU Exam 2 Zhou - argus Questions with Correct Answers 
(Grade A+)
NuevoREE 4143 FSU Exam 2 Zhou - argus Questions with Correct Answers 
(Grade A+) 
Question 1: When you open Argus, the main window is comprised of four main elements 
Answer: the navigation pane, Portfolios, Scenarios and Properties. 
Question 2: Property Asset Types can be changed after a property has been created. 
Answer: true 
Question 3: The Analysis Begin date defaults to the current month and year. 
Answer: true 
Question 4: General Inflation Rate: 
Answer: is applied to general elements in th...
Examen
REE 4143 Exam 2 FSU Questions with Correct Answers (Grade A+)
NuevoREE 4143 Exam 2 FSU Questions with Correct Answers (Grade A+) 
Question 1: What is the extension of a property asset file in ARGUS Enterprise? 
Answer: .avux 
Question 2: __________ saves the updates to the property asset model to the database. If a calculation 
has been performed, also saves the latest calculation results 
Answer: Save Property 
Question 3: What should be selected as the "How Input" method in order fo the expense to be based on 
a percentage of other cash flow items in th...
Examen
REE 4143 Exam 2- Argus Questions with Correct Answers (Grade 
A+)
NuevoREE 4143 Exam 2- Argus Questions with Correct Answers (Grade 
A+) 
Question 1: The Recoveries section allows you to enter information about recoveries (money you charge 
the tenant to cover expenses). Setting recovery timing is important. In which of the following recovery 
timing and recovery inflation timing will mirror the month selected in the Inflation Month field? 
Answer: Fiscal Recovery using Fiscal Inflation 
Question 2: Common Area Maintenance (CAM) is $100,000 and is 50% fixed. Occupa...
Examen
REE 4143 Exam 1 Questions with Correct Answers 
(Grade A+)
NuevoREE 4143 Exam 1 God Help Me Questions with Correct Answers 
(Grade A+) 
Question 1: What are the ways of classifying income property? 
Answer: *Residential* and *nonresidential*. Residential = single family + multi family. Nonresidential = 
commercial, hotel 
Question 2: What distinguishes real estate market from other investments? 
Answer: Real Estate is *not traded as frequently* as other investments. *Prices and trends more difficult to 
track*. You cant compare 1 property to another for an i...
Examen
REE 4103 Unit 7 Quiz Questions with Correct Answers (Grade A+)
NuevoREE 4103 Unit 7 Quiz Questions with Correct Answers (Grade A+) 
Question 1: A building that is too large for the neighborhood is an example of functional obsolescence 
in the form of overimprovement. Another example of functional obsolescence is: a sound building with 
a worn-out heating system an awkwardly shaped floor plan in an office building a residence abutting a 
new freeway an older building with modernized elevators 
Answer: an awkwardly shaped floor plan in an office building 
Question...
Examen
REE 4103 Unit 10 Questions with Correct Answers (Grade A+)
NuevoREE 4103 Unit 10 Questions with Correct Answers (Grade A+) 
Question 1: Lease renewals or extensions negotiated with existing tenants: 
Answer: Should be used with caution 
Question 2: When does an appraiser need to describe the source of information and verification of lease 
terms? 
Answer: Always 
Question 3: Free rent for a specified period of time that does not appear in a lease agreement is called? 
Answer: Rent Concessions 
Question 4: General payroll expenses: 
Answer: include payments t...
Examen
REE 4103 Unit 8 Quiz Questions with Correct Answers (Grade A+)
NuevoREE 4103 Unit 8 Quiz Questions with Correct Answers (Grade A+) 
Question 1: Which is the most precise yet least used cost estimation method? 
Answer: quantity survey method 
Question 2: The basis of the comparative-unit method of estimating reproduction cost is 
Answer: A cost per square foot 
Question 3: The quantity survey method is 
Answer: The most comprehensive and detailed method of estimating reproduction or replacement cost 
Question 4: All of the following are cost estimation methods ex...
Examen
REE 4103 EXAM 3 BAILEY Questions with Correct Answers (Grade 
A+)
NuevoREE 4103 EXAM 3 BAILEY Questions with Correct Answers (Grade 
A+) 
Question 1: An allowance for vacancy and collection loss is estimated as a percentage of 
Answer: Potential Gross Income 
Question 2: The anticipated income that remains after deducting all operating expenses from effective 
gross income but before mortgage debt service is 
Answer: Net Operating income 
Question 3: A _______________ would have the lowest ratio of operating expenses to gross income 
incurred by the landlord. 
Answ...
Examen
REE 4103 Exam 2 UCF Botts Questions with Correct Answers 
(Grade A+)
NuevoREE 4103 Exam 2 UCF Botts Questions with Correct Answers 
(Grade A+) 
Question 1: Sales comparison approach 
Answer: An opinion of market value is developed by comparing properties similar to the subject property 
that have recently been sold, are listed for sale or are under contract 
Question 2: What is a major premise of the sales comparison approach? 
Answer: An opinion of the market value of a property can be supported by studying the market's reaction to 
comparable and competitive prop...
Examen
REE 4103 Terms 1-5 (+ Others), 6-10 Questions with Correct 
Answers (Grade A+)
NuevoREE 4103 Terms 1-5 (+ Others), 6-10 Questions with Correct 
Answers (Grade A+) 
Question 1: Real Estate 
Answer: An identified parcel or tract of land, including improvements, if any. 
Question 2: Real Property 
Answer: The interest, benefits, and rights inherent in the ownership of real estate. 
Question 3: Life Estate 
Answer: The rights of use, occupancy, and control of a specified property limited to the lifetime of a 
designate party. 
Question 4: Abandonment 
Answer: The relinquishing of a...
Examen
REE 4103 Questions with Correct Answers (Grade A+)
NuevoREE 4103 Questions with Correct Answers (Grade A+) 
Question 1: Abandonment 
Answer: the relinquishing of all interests in real property with no intention to reclaim 
Question 2: Abatement 
Answer: the correction of an unlawful building condition or removal of environmental contamination such 
as asbestos 
Question 3: Acre 
Answer: a unit of area equivalent to 43,560 square feet 
Question 4: Adverse possession 
Answer: The actual, exclusive, open, notorious, hostile, and continuous possession an...
Examen
REE 4103 Mid TERM EXAM REVIEW PART TWO ch. 6-11 
Questions with Correct Answers (Grade A+)
NuevoREE 4103 Mid TERM EXAM REVIEW PART TWO ch. 6-11 
Questions with Correct Answers (Grade A+)
Examen
REE 4103 FSU FINAL Questions with Correct Answers (Grade A+)
NuevoREE 4103 FSU FINAL Questions with Correct Answers (Grade A+) 
Question 1: In a high rise 100-unit apartment building there is a basement laundry area that brings in 
$100 monthly from the concessionaire. The laundry income is: 
Answer: Would commonly be included as a miscellaneous income and added to the potential gross income. 
Question 2: An oral appraisal report: 
Answer: Is acceptable when the client requests it 
Question 3: The "as of" date in an appraisal report: 
Answer: Is often th...
Examen
REE 4103 FSU Exam 1 Questions with Correct Answers (Grade A+)
NuevoREE 4103 FSU Exam 1 Questions with Correct Answers (Grade A+) 
Question 1: An appraiser may be liable for all of the following except: Negligence Misrepresentation 
Fraud Low value 
Answer: Low Value 
Question 2: For appraisal purposes, market value may be defined as: 
Answer: The most probable selling price 
Question 3: Appraisal is 
Answer: The act or process of developing an opinion of value. 
Question 4: The concepts of land are 
Answer: Legal, geographic and environmental, economic, and soc...