Property & OwnershipCâu 104 / 120
Depreciation caused by outdated design, poor floor plan, or obsolete features within the property is called:
a.Functional obsolescence
b.Economic (external) obsolescence
c.Physical deterioration
d.Appreciation
Giải thích
Functional obsolescence is a loss in value from features that are outdated or poorly designed, such as a two-bedroom house with one tiny closet. It arises from conditions within the property rather than external forces.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- In property management, the manager's primary fiduciary duty is to:
- A lease in which the tenant pays a fixed rent and the landlord pays most property expenses such as taxes and insurance is a:
- A 'percentage lease' is most commonly used for:
- The Americans with Disabilities Act (ADA) generally requires that:
- Loss in property value caused by negative factors outside the property, such as a new highway creating noise, is called:
- A comparative market analysis (CMA) prepared by a sales agent to help price a listing is:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với Texas Real Estate Sales Agent Licensing Exam · Quy trình kiểm tra