Depreciated market value - Study guides, Class notes & Summaries
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RESIDENTIAL MARKET ANALYSIS AND HIGHEST & BEST USE FINAL EXAM QUESTIONS WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 105 pages • 2024
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The appraiser must perform the necessary market analysis to obtain enough information to ___________________________. 
 
Complete the Sales Comparison Approach 
 
Fill out the URAR 
 
Make the highest and best use determination for the subject property. 
 
Educate the client 
 
Make the highest and best use determination for the subject property. 
 
 
A property with restaurants and retail shops on the lower level and apartments on levels above is called a(n) ___________ property. 
 
Alternate-u...
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IAAO 101 - Review Questions and Answers 2023
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The property tax is an ____ __________ tax, meaning it is based on value. - Answer- ad valorem 
 
The assessor is responsible for the _______, ________, and __________ of all taxable property. - Answer- discovery 
listing 
valuation 
 
The taxable location of personal property is referred to as its __________. - Answer- situs 
 
An estimate of value, usually in writing, of an adequately described property, as of a given date, is termed ___ ___________. - Answer- an appraisal 
 
A jurisdiction's...
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DC Property Management Exam Latest Update Graded A+
- Exam (elaborations) • 19 pages • 2024
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DC Property Management Exam Latest 
 
Update Graded A+ 
 
Management Plan 1. Current use 
2. Current condition 
3. Fiscal projections 
4. Operational issues 
 
Market Analysis Regional and neighborhood evaluation focusing on: 
1. Demographic conditions 
2. Geographic features 
3. Governmental perspective 
4. Existing real estate supply 
5. Future developments 
6. Tenant demand 
 
Analysis of Alternatives Theoretical costs and potential for rent increase based on decision 
to: 
1. Modernize 
 
2....
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Unit 2: The Real Estate Market with answers 2023/2024 passed
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Unit 2: The Real Estate Market 
Who do you think each of the following terms is most important to? Match each value with the person or agency it will probably matter to the most: 
 
Investment value, assessed value, market value 
 
1. Investor 
2. Government tax assessment office 
3. Buyer - correct answer 1. Investment value 
2. Assessed value 
3. market value 
 
Depreciated value - correct answer depreciated value are used for tax purposes 
 
List price - correct answer List price is the price...
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DC Property Management License Certification Questions and Answers 2024
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DC Property Management License 
Certification Questions and Answers 
2024 
The primary responsibility of a real estate property manager is to - CORRECT 
ANSWER-understand and implement the owner's goals and objectives 
If an apartment building has 20 one bedroom units which rent for $800 per month and 
30 two bedroom apartments which rent for $1500 per month, what is the Gross 
Potential Rental Income per month? - CORRECT ANSWER-Gross Potential Rental 
Income per month calculation ($800 x...
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ETS Major Field Test (Answered Test): Bachelor's Degree in Business.
- Other • 38 pages • 2023
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ETS Major Field Test (Practice Test): Bachelor's Degree in Business. 
 
The common characteristic possessed by all assets is 
 
a) Long life 
b) Great monetary value 
c) Tangible nature 
d) Future economic benefit 
 
Which Foreign Direct Investment (FDI) attempts to acquire particular resources at a lower real cost than could be obtained in the home country? 
 
a) Market-seeking FDI 
b) Efficiency-seeking FDI 
c) Resource-seeking FDI 
d) Strategic asset-seeking FDI 
 
Under the Uniform Comm...
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DC Property Management Exam Questions and answers.
- Exam (elaborations) • 31 pages • 2024
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Management Plan 
This describes in detail the subject property's current use along with its physical condition, fiscal projections, and any operational issues. It also includes an analysis of the market (both regional and neighborhood), the competing properties, as well as potential improvements or alternative uses for the subject property. 
 
 
 
Market Analysis 
This focuses on both a regional and neighborhood evaluation, which includes the demographic conditions, geographic features, governm...
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CIPS Level 4 Module 1 Questions and Answers Rated A+
- Exam (elaborations) • 90 pages • 2024
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CIPS Level 4 Module 1 Questions and 
 
Answers Rated A+ 
 
The Purchasing process 1. Define Specification. 
2. Select Supplier 
3. Contract Agreement 
4. Ordering 
5. Expediting 
6. Evaluation Follow up 
 
Definition of Procurement & Supply recognition of the fact that the purchasing function has 
a role in not just "buying inputs" but in "securing supply" 
 
Direct Costs These are costs which can be identified directly with the production of a good 
or service; e.g. raw materials. 
Usually ...
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DC PROPERTY MANAGEMENT EXAM
- Exam (elaborations) • 9 pages • 2024
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Management Plan - Answer-1. Current use 
2. Current condition 
3. Fiscal projections 
4. Operational issues 
 
Market Analysis - Answer-Regional and neighborhood evaluation focusing on: 
1. Demographic conditions 
2. Geographic features 
3. Governmental perspective 
4. Existing real estate supply 
5. Future developments 
6. Tenant demand 
 
Analysis of Alternatives - Answer-Theoretical costs and potential for rent increase based on decision to: 
1. Modernize 
2. Rehabilitate 
3. Change 
4. C...
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CIPS Level 4 Module 1 questions and answers 2024/2025
- Exam (elaborations) • 55 pages • 2024
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CIPS Level 4 Module 1 questions and answers 2024/2025The Purchasing process - correct answer 1. Define Specification. 
2. Select Supplier 
3. Contract Agreement 
4. Ordering 
5. Expediting 
6. Evaluation Follow up 
 
Definition of Procurement & Supply - correct answer recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" 
 
Direct Costs - correct answer These are costs which can be identified directly with the production of a ...
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