Exam (elaborations)
McKissock Appraisal Procedures| 145 QUESTIONS| WITH COMPLETE SOLUTIONS
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A single unit residence sold for $126,000. It was rented for $1,100 per month but the market rent was $1,200. What is the GRM indicated by this sale? CORRECT ANSWERS: 105.0 A building was constructed in July 2000 for $754,200. The cost index at that time was 133.6. The current cost index is 201...
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