Mckissock
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McKissock Basic Appraisal Principles | 190 Questions and Answers 100% Verified | Latest Update 2024
McKissock Basic Appraisal Principles I Final Exam | 90 Questions and Answers 100% Verified | Latest Update 2024
McKissock Learning - Basic Appraisal Principles Questions and Answers 100% Correct | Latest Update 2024
McKissock - General Report Writing and Case Studies with 443 verified questions and answers exam
General Market Analysis Highest & Best Use (McKissock) with 186 questions and answers update
McKissock-3 Residential Sales Comparison and Income Approach with 77 questions and answers
Review Quiz (McKissock HBU & Market Analysis) with 155 questions and answers exam.d
Agents of Production The factors that combine to create value of developed real property; they include land, labor, capital, and entrepreneurial coordination; which is sometimes also called entrepreneurial profit. Central Business District (CBD) The center of an urban area is typically zoned for various uses such as retail, office, and residential. Further, in some areas, transportation starts & ends in the CBD since it is the central location for employment. Consumption A common concept i...
The power of a given commodity to satisfy a need or want is called __________________. Utility The development of a vacant land area is _____________ the highest and best use of the land. Not Always The Consistent-Use Theory says the _______________ must all be valued considering the same highest and best use of the property Land and the Buildings ________________ involves subdividing the larger market into a workable study area. Market Identification The ________________ Cycle of a ...
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? Contribution What are the four agents of production? land, labor, capital, coordination The principle of contribution is most closely associated with: the Sales Comparison Approach (The contributory value of a given amenity is the public's perception of its actual contribution to value when considering the overall value of th...