chapter 10 value and appraisal questions with righ
Escuela, estudio y materia
ASA - Accredited Senior Appraiser
ASA - Accredited Senior Appraiser
Vendedor
Seguir
Professorkaylee
Vista previa del contenido
Chapter 10 value and appraisal
questions with right answers.
Value ANS - The power of a good or service to command other goods or services in exchange.
The present worth of future benefits arising from the ownership of real property.
Amount, in terms of money, paid for the property ANS - Market price is the
Market Value ANS - The value which represents the price that a property will bring if it is sold after
being offered for a reasonable period of time, and the sale is completed between knowledgeable buyers
and sellers, neither acting under duress is the
All of the above: demand, utilities, transferability.
DUST:
a. Demand - need supported by purchasing power
b. Utility - capacity to satisfy human wants and needs
c. Scarcity - finite supply
d. Transfer ability - transfer of ownership rights with relative ease ANS - The elements or characteristics
necessary for property to possess value include
Substitution ANS - The statement that no prudent person would pay more for a parcel of real property
than the price of a reasonably close alternative which is available without undue delay, refers to the
principle of
Conformity ANS - A neighborhood which maintains high property values because of it similar but not
identical architectural styles is benefiting from the principle of
contribution ANS - An appraiser is hired to prepare a feasibility study for a 24-unit apartment building
in which the owner was considering putting in a swimming pool. What basic principle of appraising
would be used?
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable.
Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Professorkaylee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for $9.99. You're not tied to anything after your purchase.