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Barney Fletcher Bundled Exams with Complete Solution | Verified | Guaranteed Success
Barney Fletcher Bundled Exams with Complete Solution | Verified | Guaranteed Success
[Mostrar más]Barney Fletcher Bundled Exams with Complete Solution | Verified | Guaranteed Success
[Mostrar más]Which would NOT be used in the capitalization approach? 
A. gross income 
B. operating expenses 
C. reproduction cost 
D. allowance for vacancy - C. reproduction cost 
A property had a land value of $40,000, a 2,000 square feet structure with a rebuilding cost of $70 per 
square foot, depreciation o...
Vista previa 3 fuera de 16 páginas
Añadir al carritoWhich would NOT be used in the capitalization approach? 
A. gross income 
B. operating expenses 
C. reproduction cost 
D. allowance for vacancy - C. reproduction cost 
A property had a land value of $40,000, a 2,000 square feet structure with a rebuilding cost of $70 per 
square foot, depreciation o...
4x vendido
A seller wants to list the property with a broker, but wants to avoid paying any commission should the 
seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid 
signing? 
A. an exclusive agency listing 
B. an exclusive right to sell listing 
C. an ope...
Vista previa 3 fuera de 28 páginas
Añadir al carritoA seller wants to list the property with a broker, but wants to avoid paying any commission should the 
seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid 
signing? 
A. an exclusive agency listing 
B. an exclusive right to sell listing 
C. an ope...
What is the tax assessment rate for all real property in Georgia? - 40% 
What could happen if a property is sold at foreclosure and does not bring enough money to satisfy all of 
the debts secured by the property? - Outstanding debts could be pursued as a result of a deficiency 
judgement 
When fore...
Vista previa 2 fuera de 8 páginas
Añadir al carritoWhat is the tax assessment rate for all real property in Georgia? - 40% 
What could happen if a property is sold at foreclosure and does not bring enough money to satisfy all of 
the debts secured by the property? - Outstanding debts could be pursued as a result of a deficiency 
judgement 
When fore...
In doing a market analysis, you find a recently sold property where the owners had just gone through a 
divorce. It was listed for $60,000 for 3 months but sold for $40,000. Would you use this as a comparable? 
A. no, because it had only been listed for 3 months 
B. no, because of the divorce, it wa...
Vista previa 2 fuera de 13 páginas
Añadir al carritoIn doing a market analysis, you find a recently sold property where the owners had just gone through a 
divorce. It was listed for $60,000 for 3 months but sold for $40,000. Would you use this as a comparable? 
A. no, because it had only been listed for 3 months 
B. no, because of the divorce, it wa...
which BEST describes the principle that a home maintains its highest value in a neighborhood with 
similar homes and similar type housing? 
A. substitution 
B. conformity 
C. highest and best use 
D. competition - B. conformity 
If you took projected future costs from projected future income, you wo...
Vista previa 2 fuera de 9 páginas
Añadir al carritowhich BEST describes the principle that a home maintains its highest value in a neighborhood with 
similar homes and similar type housing? 
A. substitution 
B. conformity 
C. highest and best use 
D. competition - B. conformity 
If you took projected future costs from projected future income, you wo...
An appraiser recommended tearing down a $28,000 house. There was a shopping center across the 
street. Which of the following appraisal principles BEST describes this situation? 
A. deterioration 
B. highest and best use 
C. capitalization 
D. substitution - B. highest and best use 
What could guara...
Vista previa 2 fuera de 11 páginas
Añadir al carritoAn appraiser recommended tearing down a $28,000 house. There was a shopping center across the 
street. Which of the following appraisal principles BEST describes this situation? 
A. deterioration 
B. highest and best use 
C. capitalization 
D. substitution - B. highest and best use 
What could guara...
which BEST describes the principle that a home maintains its highest value in a neighborhood with 
similar homes and similar type housing? 
A. substitution 
B. conformity 
C. highest and best use 
D. competition - B. conformity 
If you took projected future costs from projected future income, you wo...
Vista previa 2 fuera de 9 páginas
Añadir al carritowhich BEST describes the principle that a home maintains its highest value in a neighborhood with 
similar homes and similar type housing? 
A. substitution 
B. conformity 
C. highest and best use 
D. competition - B. conformity 
If you took projected future costs from projected future income, you wo...
A 40 unit apartment building rented units for $300 per month. The annual gross rent multiplier was 10. 
What was the value? 
A. $120,000 
B. $144,000 
C. $1,200,000 
D. $1,440,000 - D. $1,440,000 
40 x $300 per month x 12 months = annual rent of $144,000 x an annual multiplier of 10 = $1,440,000 
A ...
Vista previa 2 fuera de 8 páginas
Añadir al carritoA 40 unit apartment building rented units for $300 per month. The annual gross rent multiplier was 10. 
What was the value? 
A. $120,000 
B. $144,000 
C. $1,200,000 
D. $1,440,000 - D. $1,440,000 
40 x $300 per month x 12 months = annual rent of $144,000 x an annual multiplier of 10 = $1,440,000 
A ...
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