Sales comparison approach - Study guides, Class notes & Summaries

Sales Comparison Approach McKissock Class 2023 Questions and Answers 100% Verified What is created in the mind of an individual or market participant? Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? Desire As the term applies to appraisal, transferability refers to the number of goods and services that can be purchased with a unit of currency. (T/F) True What does not include physical mobility, but rather the control...

General Appraiser Sales Comparison Approach Exam Questions Containing 69 terms with Definitive Solutions 2024

Complete Solutions Manuals for Intermediate Accounting, Volume 1 13ce 13th Canadian Edition by Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy. ISBN-13: 0452 Full Chapters Solutions included with Excel files + Extra files 1 The Canadian Financial Reporting Environment 1-1 Capitalizing on Financial Reporting 1-1 Preview of Chapter 1 1-3 1.1 Financial Statements and Financial Reporting 1-3 Accounting and Capital Allocation 1-4 Stak...

General Appraiser Sales Comparison Approach Exam Questions Containing 69 terms with Definitive Solutions 2024

A property owner constructs a six-car garage at a cost of $80,000. It only adds $40,000 in value to the property. What economic principle does this best demonstrate? CORRECT ANSWERS: Contribution What are the four agents of production? CORRECT ANSWERS: land, labor, capital, coordination The principle of contribution is most closely associated with: CORRECT ANSWERS: the Sales Comparison Approach (The contributory value of a given amenity is the public's perception of its actual contribu...

AAMI Small Business Management Exam Questions and Answers 100% Pass Sole Proprietorship - Correct Answer ️️ -is a business owned by one person who is subject to claims or creditors. Partnership - Correct Answer ️️ -is the voluntary association of two or more people who have combined their resources to carry on as co-owners of a lawful enterprise for their joint profit. Limited Partnership - Correct Answer ️️ -involves at least one general partner and one or more limited partn...

Sales Comparison Approach McKissock Class 2023 Questions and Answers 100% Verified What is created in the mind of an individual or market participant? Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? Desire As the term applies to appraisal, transferability refers to the number of goods and services that can be purchased with a unit of currency. (T/F) True What does not include physical mobility, but rather the control...

Indirect methods of measuring depreciation - Answer- -Sales comparison (Market Extraction) -Capitalization of income method Financing - Answer- The first adjustment in the sales comparison approach is Sales Comparison Approach - Answer- A fundamental strength in this approach is that it reflects the actions of the marketplace as well as what by buyers & sellers are actually doing doing and paying. -Consumer tastes/preferences -Consumer income -Price of related commodities -Consumer ...

Champions Principles of Real Estate 2 Exam Questions with Correct Answers appraisal - ANSWER value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - ANSWER The percentage of value or sales price that a lender is willing to finance. limited appraisal report - ANSWER exterior only/drive by inspection. deemed as low risk loan highest and best use of property - ANSWER legal use that gives the gre...

Sales Comparison Approach McKissock Class 2023 Questions and Answers 100% Verified What is created in the mind of an individual or market participant? Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? Desire As the term applies to appraisal, transferability refers to the number of goods and services that can be purchased with a unit of currency. (T/F) True What does not include physical mobility, but rather the control...