08 sales comparison and income approaches

This class was created by Brainscape user Petra Weise. Visit their profile to learn more about the creator.

Decks in this class (23)

Forms
1004,
1004c,
1004d
16  cards
Desktop & Hybrid
Desktop appraisal benefits,
Data provided by parties with a f...,
The appraiser must have xx xx to ...
18  cards
Ch 1-2
Which factors are referred to as ...,
Basic formula for the sales compa...,
The subject is a three bedroom ho...
20  cards
Quiz Sales Comparison Approach Ch 1-2
A type of market area characteriz...,
Details about the property being ...,
In appraisal off site conditions ...
57  cards
Ch 3
An appraisal is based on two prim...,
Quantitative adjustment technique...,
Qualitative analysis techniques i...
16  cards
Ch 4
Sequence of urar adjustment grid,
Example of an acceptable sequence...,
Leased fee interest
18  cards
Quiz Sales Comparison Approach Ch 3-4
___________ interest is defined a...,
A business arrangement in which t...,
A form of property ownership in w...
60  cards
Quiz Sales Comparison Approach Ch 5-6
A lump sum payment or series of p...,
A mortgage that has priority over...,
A pledge of a described property ...
54  cards
Ch 8
If the subject property improveme...,
How to calculate total economic l...,
Market extraction relies on the a...
14  cards
Quiz Sales Comparison Approach Ch 7-8
Curable physical deterioration th...,
Items of wear and tear on a prope...,
The ability of a property or buil...
54  cards
Ch 9
What exhibits are required with a...,
When is a floor plan required,
Acceptable photographs include
19  cards
Ch 10
Principle of anticipation is defi...,
The principle of substitution is ...,
The principle of opportunity cost...
22  cards
Quiz Sales Comparison and Income Approach Ch 9-10
__________ is often referred to a...,
A tangible or intangible benefit ...,
The cost of options forgone or op...
46  cards
Ch 12
The six functions of a dollar are...,
The definition of compound intere...,
The definition of discounting is
6  cards
Quiz Ch 11-12
Conversion of benefits received i...,
The continuous and systematic add...,
A lot is 44524 feet by 11839 feet...
35  cards
Ch 13
Compounding exercise 1 if i inves...,
If i put 1 000 in the bank every ...,
Compounding exercise 2 you invest...
16  cards
Ch 14
The income capitalization approac...,
Income capitalization approach fo...,
Gross income is defined as
15  cards
Income Approach Ch 13-14
A ratio of one year s net operati...,
The income due under existing lea...,
The most probable rent that a pro...
56  cards
Ch 15
When considering purchase of a si...,
Range is defined as,
An arithmetic mean is defined as
5  cards
Ch 16
Gross income is defined as,
Net operating income noi is defin...,
Formel to estimate market value w...
11  cards
Quiz Income Approach Ch 15-16
A measure of central tendency ide...,
A measure of central tendency the...,
The actual or anticipated net inc...
45  cards
Quiz Income Approach Ch 17-18
The criteria that enable an appra...,
A property sold for 125 000 it ha...,
According the definition of appra...
31  cards
Final Exam
__________analysis is based on nu...,
A business arrangement in which t...,
A lump sum payment or series of p...
80  cards

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08 sales comparison and income approaches

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