Practice & MathCâu 84 / 100
The appraisal approach most appropriate for valuing an income-producing apartment building is the:
a.Cost approach
b.Income approach
c.Sales comparison approach
d.Assessment approach
Giải thích
The income approach values property based on the income it produces, often by capitalizing net operating income. It is best suited to investment and commercial properties such as apartment buildings. The cost and sales comparison approaches are more common for other property types.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The appraisal approach that estimates value by comparing recently sold similar properties is the:
- A property has a gross annual rent of $30,000 and a gross rent multiplier of 9. What is the indicated value?
- In the cost approach, the appraiser estimates value by:
- A parcel of land measures 200 feet by 300 feet. How many square feet does it contain?
- Approximately how many acres is a parcel containing 87,120 square feet?
- A home sells for $320,000 and the total commission rate is 6%. What is the total commission?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với New York Real Estate Salesperson Licensing Exam · Quy trình kiểm tra