Income producing property - Study guides, Class notes & Summaries

Functional obsolescence - Answer- Refers to the loss in desirability of the style, layout or function of an element of a property over time Sales comparison - Answer- best indicator of value for existing properties highest and best use - Answer- the legal use for property that gives the greatest return in money and/or amenities external obsolescence - Answer- the loss in value of a property caused by factors outside the property itself principle of contribution - Answer- suggests the...

1. Which of the following is a key assumption of the supply and demand model? A) that the price and quantity sold are determined in a single market B) that the prices and quantities sold are simultaneously determined in all markets C) the way the whole economy achieves equilibrium D) that international markets affect domestic markets, which in turn affect local markets 2. A key assumption of the supply and demand model is that: A) each firm's good is unique and cannot be duplic...

The sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets is called _________ Total Cost Management ______ is the application of scientific principles and techniques to problems of : - estimation - cost control - business planning & management science - profitability analysis - project management - planning & scheduling Cost Engineering _______ Is the value of an activity or asset. Gene...

ECON0002 TERM 1 ACTUAL EXAM BANK / 250+ QUESTIONS AND VERIFIED SOLUTIONS 2024/2025 GRADED A+. 2 / 14 1. What is the 90/10 ratio?: average income of the richest 10% divided by theaverage income of the poorest 90% 2. What does disposable income not measure?: quality of social and physicalenvironment, amount of free time, goods and services you can't buy, goods andservices that are produced within the household 3. How to calculate nominal gdp?: sum of (price of good i x quantity of good ...

ll are used in valuation of income-producing property except: - ANSWER Income Taxes Capitalization is employed in the: - ANSWER Income approach - income properties A gross lease is one that: - ANSWER The landlord pays for all operating expenses When estimating the market value of an income-producing property, the appraiser will not consider: - ANSWER Income Taxes attributable

Property Management Exam With Verified Answers| 100% Correct| Grade A+ The demand for professional property management that occurred in the late 1800's resulted primarily from - Reshaping the urban center by building tall buildings with elevators The traditional concentration of retail property in downtown areas became decentralized as a result of - Evolution of the suburban shopping center The growth of shopping centers has been stimulated by - Population shifts to the suburbs All of th...

Florida real estate business exam questions and answers 100% pass Florida real estate - Correct Answer ️️ -Residential property in Florida is a family home that is a single family dwelling, a duplex, a triplex (3units) or a quad (4 units) or vacant land that has been zoned for 4 units or less. Farm/Agriculture residential is a family home on less than 10 acres land. Commercial property is income producing property such as a retail center or an apartment complex of more than four units...

If a renewable lease option were found to be favorable to a tenant an appraiser: - can assume the tenant would exercise the option to renew Stabilized Net Operating Income should recognize the tenant improvements made to a property that are appropriate for the market. - true In determining income and expenses the first step is: - Lease and rent analysis A lease clause that limits the expenses of the landlord is termed a: (select all the answers that are correct) - expense stop clause an...

Financial Accounting for MBAs 8 th Edition BY Easton Solutions Manua Solutions Manual Financial Accounting for MBAs 8th Edition Easton Solutions Manual Solutions Manual Directly From The publisher, 100% Verified Answers. Download Immediately After the Order. Forecasting Accounting Numbers ■■Forecasting Assumptions ■■Forecasting Financial Statements Assessing Profitability and Creditworthiness ■■ROE Disaggregation ■■RNOA Disaggregation Analysis ■■...

Tennessee Affiliate Broker License Exam Flashcards exam with 100% correct answersCapitalization The process of calculating the present worth of a property on the basis of its capacity to continue to produce an income stream Economic age Age of a building determined by its condition and usefulness. Gross income multiplier (GIM) A figure which, when multiplied by the annual gross income from all sources, not just annual rent, equals the property’s market value. ...