Property & OwnershipPregunta 91 de 120
The income capitalization approach is MOST appropriate for valuing:
a.A vacant lot
b.A brand-new custom home
c.A historic monument
d.An income-producing apartment building
Explicación
The income approach converts a property's expected net operating income into value using a capitalization rate, making it ideal for rental and commercial properties. Owner-occupied homes are usually valued by the sales comparison approach.
Practica las 120 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- The most common method an appraiser uses to value a single-family home is the:
- The appraisal approach that estimates value based on the cost to rebuild the improvements, minus depreciation, plus land value, is the:
- The principle of 'progression' in valuation states that a property's value tends to:
- The federal Fair Housing Act prohibits discrimination in housing based on all of the following protected classes EXCEPT:
- 'Steering' is a prohibited fair housing practice in which an agent:
- 'Blockbusting' refers to the illegal practice of:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con Texas Real Estate Sales Agent Licensing Exam · Cómo revisamos