Basic Appraisal Procedures
Liberty University
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Basic Appraisal Procedures study Exam #1| 204 questions| with complete solutions
- Exam (elaborations) • 16 pages • 2023
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An entrepreneur is taking on a development project, and by his calculations, he expects to receive a 25% return on his investment in the project. This 25% figure represents CORRECT ANSWERS: entrepreneurial incentive- expected profit.
A _______________ home is built in accordance with the HUD Code. CORRECT ANSWERS: manufactured
The basic principle underlying the cost approach is the principle of ____________. CORRECT ANSWERS: substitution
A property has a cost new of $350,000. It has ...
Exam (elaborations)
Basic Appraisal Procedures study Exam #1| 204 questions| with complete solutions
Last document update:
ago
An entrepreneur is taking on a development project, and by his calculations, he expects to receive a 25% return on his investment in the project. This 25% figure represents CORRECT ANSWERS: entrepreneurial incentive- expected profit. A _______________ home is built in accordance with the HUD Code. CORRECT ANSWERS: manufactured The basic principle underlying the cost approach is the principle of ____________. CORRECT ANSWERS: substitution A property has a cost new of $350,000. It has ...
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