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

REE 4103 EXAM QUESTIONS WITH REVISED ANSWERS – UPDATED The amount of depreciation for the HVAC, Plumbing, Lighting Fixtures, - Answer-20%, 16.7%, 16.7%, 20%, and 33.3% respectively Cost Approach: Residence: 2,000 square feet $100/sf cost to build Basement: 1,000 square feet $50/sf cost to build Garage: 750 square feet $75/sf cost to build Screened porch: 400 square feet $25/sf cost to buid Short-lived items: HVAC $10,000 new effective age of 5 years life expectancy of 25 years Plum...

REE 4103 EXAM 2 QUESTIONS WITH REVISED ANSWERS – UPDATED When reconciling the adjusted sales price of comparables, the greatest emphasis should be given to: - Answer-none of the above You are analyzing a sale in which the mathematical calculation of cash equivalency calls for a $10,000 downward adjustment. However, by use of several paired data sets, you find that the market only recognizes a $4,000 downward adjustment. What is the adjustment for financing? - Answer-$4,000 Valuation as...

CH 17 If the site represents 40% of the total value in a particular neighborhood, how much land value would be allocated from a $200,000 sale of a single family home? A. $120,000.00 B. $8,000.00 C. $80,000.00 D. $200,000.00 - ANSWER$80,000.00 In the subject property's neighborhood, improved properties are selling for prices in a range of $140,000 to $160,000. Research reveals a typical land value-to-total property value ratio of 20%. What is the range of value for a similar site in thi...

To estimate its market value, the land under an improved property is best compared to sales of vacant land that Have the same or similar highest and best use Have the same type of building on them (after the sale) Show the maximum value for the subject property Show the minimum value for the subject property - ANSWER-Have the same or similar highest and best use Price per front foot is a physical unit of comparison not as accurate as price per acre rarely used in residential site analy...

REE 4103 Real Estate Valuation and Appraisal Final Exam Questions with 100% correct answers | verified | latest update 2024

REE 4103 EXAM 2 QUIZ QUESTIONS, REE Exam 2, REE 4103 Test 2

REE 4103 EXAM 2 QUIZ QUESTIONS, REE Exam 2, REE 4103 Test 2

REE 4103 EXAM Solved with Complete Solutions to Questions A gross lease is one that: Tenant pays for all operating expenses Landlord pays for all operating expenses Applies only to commercial properties Rent rises with the cost of living - ANSWER Landlord pays for all operating expenses

REE 4103 FINAL EXAM QUESTIONS AND ANSWERS WITH SOLUTIONS 2024