Grms - Study guides, Class notes & Summaries

In a particular market, there is a demand for 500 houses per year, and there are currently 1,500 houses for sale. What does this most likely indicate? - Answer-there is a three-year supply of homes currently for sale "A business arrangement in which two or more persons jointly own a business and share in its profits and losses" is the definition of - Answer-partnertransferable development rightsship Property Owner A has the right to develop his property into 10 lots. He sells this right ...

The most common heating systems in residential construction today are -hot water -heat pumps -forced warm air -electric radiant - hot water A _______________ home has a permanent steel chassis, wheels and axles. -panelized -modular -pre-cut -manufactured - manufactured "The total period a building lasts or is expected to last..." is the definition of _________ life. -useful -expected -real -physical - physical "The actual rental income specified in a lease" is the definition o...

Some random ass terms to know for GRMN 2301 Exam #1Anti-Semitism - correct answer Hostility/ Prejudice towards Jews Lebensraum - correct answer Living space Expand eastward to provide living space for growing German race Nationalism - correct answer Unification of German "race" Social Darwinism - correct answer Movement of colonialism superiority complex survival of the fittest race Pan Germanism - correct answer All German speaking people should be in one country Geogra...

Basic Appraisal Procedures Exam with 100% Correct Answers When developing an appraisal, you calculate the following GRMs for comparable properties: 94.3, 90.1, 95.6, 109.2, 84.5, 100.7, 99.9. What is the mean of the GRMs? - Answer-96.3 "The process of valuing a universe of properties as of a given date using standard methodology, employing common data, and allowing for statistical testing" is the definition of -Answer-mass appraisal What is the most common type of framing currently bei...

Basic Appraisal Procedures Exam Questions And Answers 100% Solved When developing an appraisal, you calculate the following GRMs for comparable properties: 94.3, 90.1, 95.6, 109.2, 84.5, 100.7, 99.9. What is the mean of the GRMs? - answer96.3 "The process of valuing a universe of properties as of a given date using standard methodology, employing common data, and allowing for statistical testing" is the definition of - answermass appraisal What is the most common type of framing current...

How often does NCRA offer WKT - Four times per year during two week windows around 200 areas of the country Where is the RPR job Analysis available? - The NCRA Website and the appendix of the study guide How can you register for WKT - Using NCRA's exam registration process Where can I find my testing location? - NCRA.org/testing What is your best source for questions and testing? - NCRA.org What is GRMS - General requirements and minimum standards What does COPE stand for? - Code of Prof...

Basic Appraisal Procedures Exam with 100% Correct Answers When developing an appraisal, you calculate the following GRMs for comparable properties: 94.3, 90.1, 95.6, 109.2, 84.5, 100.7, 99.9. What is the mean of the GRMs? - Answer-96.3 "The process of valuing a universe of properties as of a given date using standard methodology, employing common data, and allowing for statistical testing" is the definition of -Answer-mass appraisal What is the most common type of framing currently bei...

Basic Appraisal Procedures 100% Correct Verified by Experts When developing an appraisal, you calculate the following GRMs for comparable properties: 94.3, 90.1, 95.6, 109.2, 84.5, 100.7, 99.9. What is the mean of the GRMs? 96.3 "The process of valuing a universe of properties as of a given date using standard methodology, employing common data, and allowing for statistical testing" is the definition of mass appraisal What is the most common type of framing currently being used in n...

Basic Appraisal Procedures Exam Questions And Answers 100% Solved When developing an appraisal, you calculate the following GRMs for comparable properties: 94.3, 90.1, 95.6, 109.2, 84.5, 100.7, 99.9. What is the mean of the GRMs? - answer96.3 "The process of valuing a universe of properties as of a given date using standard methodology, employing common data, and allowing for statistical testing" is the definition of - answermass appraisal What is the most common type of framing current...

Basic Appraisal Procedures- FINAL EXAM Q's & A’s 2024 The most common heating systems in residential construction today are -hot water -heat pumps -forced warm air -electric radiant -Answer-hot water A _______________ home has a permanent steel chassis, wheels and axles. -panelized -modular -pre-cut -manufactured -Answer-manufactured "The total period a building lasts or is expected to last..." is the definition of _________ life. -useful -expected -real -physical -Answer-ph...