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Which of the following is not one of the four important elements of value
If an appraiser were appraising a residence built in 1910 using the cost replacement approach, which of the following would be used
A homeowner constructs an eight-bedroom brick house with a tennis court, a greenhouse, and an indoor pool in a neighborhood of modest two-bedroom and three-bedroom frame houses on narrow lots. The value of this house is MOST likely to be affected by what principle?
An appraiser has been employed to estimate the market value of a parcel of vacant land. The resulting appraisal report would NOT include reference to the
To find the value of a property, if the net operating income and the capitalization rate are known, an appraiser using the income approach to value would
Which of the following factors are not considered a cause of obsolescence
An appraiser is using the market data approach comparing the prices of comparable properties to the subject property. If the comparable properties have a feature that is not present in the subject property, the value of that feature will be
Orientation refers to
An appraiser has been hired to prepare an appraisal report of a property for loan purposes. The property is an elegant old mansion that is now leased out as a restaurant. Which approach to value should the appraiser consider most strongly when making this appraisal?
An appraisal differs from a competitive market analysis conducted by a broker, in that an appraisal is based solely on an analysis of properties