100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
REAE 3325 Exam 2 Questions and Answers 100% Accurate $11.49
Add to cart
Quickly navigate to
Preview
  2.  
  3. REAE 3325
  4.  
  5. REAE 3325

Exam (elaborations)

REAE 3325 Exam 2 Questions and Answers 100% Accurate
 0 purchase
  • Course
  • REAE 3325
  • Institution
  • REAE 3325

REAE 3325 Exam 2 Questions and Answers 100% AccurateREAE 3325 Exam 2 Questions and Answers 100% AccurateREAE 3325 Exam 2 Questions and Answers 100% AccurateREAE 3325 Exam 2 Questions and Answers 100% AccurateThe Final price for each comparable property reached after all adjustments have been made i...

[Show more]

Preview 1 out of 3  pages

Document information

  • October 28, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • reae 3325 exam 2 questions and answers 100 accura
  • reae 3325 exam 2 questions and answers
  • the final price for each comparable property reac

Written for

  • REAE 3325
  • REAE 3325

Seller

avatar-seller
NursingTutor1

Reviews received

Content preview

REAE 3325 Exam 2 Questions and
Answers 100% Accurate
The Final price for each comparable property reached after all adjustments have been
made is termed the: - ANSWER-Final adjusted sale price

Which of the following is not included in accrued depreciation when applying the cost
approach to valuation? - ANSWER-Tax depreciation

In the sales comparison approach, the value obtained after reconciliation of the final
adjusted sale prices from the comparable sales is termed the: - ANSWER-Indicated
opinion of value

A new house in good condition that has a poor floor plan would suffer from which type
of accrued depreciation? - ANSWER-Functional obsolescence

To reflect a change in market conditions between the date on which a comparable
property sold and the date of appraisal of a subject property, an adjustment must be
made for which of the following? - ANSWER-market conditions

Under the cost approach to appraisal, the expenditure required to construct a building
with equal utility as the one being appraised is termed the: - ANSWER-Replacement
cost

A comparable property sold 10 months ago for $98,500. If the appropriate adjustment
for market conditions is 0.30% per month (with compounding), what would be the
adjusted price of the comparable property? - ANSWER-$101,495

You find two properties that have sold twice within the last two years. Property A sold 22
months ago for $98,500; it sold last week for $108,000. Property B sold 20 months ago
for $105,000; it sold two weeks ago for $113,500. Assuming no compounding, what is
the average monthly rate of change in sale prices? - ANSWER-0.42%

The element of an adjusted interest rate that is the "moving part" is the: - ANSWER-
Index

A lender may reserve the right to require prepayment of a loan at any time they see fit
through a(n): - ANSWER-demand clause

When a buyer of a property with an existing mortgage loan acquires the property
without signing the note for an existing loan the buyer is acquiring the property: -
ANSWER-Subject to the mortgage

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller NursingTutor1. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67479 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$11.49
  • (0)
Add to cart
Added