Ree 4103 exam 1 - Study guides, Class notes & Summaries

The concepts of land are - Legal, geographic and environmental, economic, and social. For appraisal purposes, market value may be defined as - The most probable selling price Appraisal is - The act or process of developing an opinion of value. What is Chattel? - Personal property is generally considered property that is movable,[1] as opposed to real property or real estate. What is a fixture? - any physical property that is permanently attached (fixed) to real property (usually land...

REE 4103 EXAM 1 QUESTIONS WITH COMPLETE SOLUTIONS A house built in 1965 and appraised in 1994 should have - Answer-a chronological (actual) age of 29 years A house has floor coverings that are four years old. Decorators in this area indicate that carpets of similar quality last about 10 years but typically go out of style after only six. What is the value of carpets with a reproduction cost of $5,000 - Answer-(4/6) x $5,000 = $3,333.33 A property sold for $125,000 in a cash sale. It was 1...

REE 4103 Exam 1 Questions with 100% correct answers | verified | latest update 2024

REE 4103 Exam 1 FSU Bailey Fall 2018 Questions with 100% correct answers | verified | latest update 2024

REE 4103 Exam #1 Questions with 100% correct answers | verified | latest update 2024

REE 4103 Exam 1 (1).

REE 4103 Exam 1 FSU Bailey Fall 2018

REE 4103 Exam 1 FSU Bailey Fall 2018 (1).

REE 4103 Exam 1 botts questions with Complete