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20問 • 2年前

問題一覧

What is the first step to take when using comparable properties to determine total accrued depreciation and depreciation value for a subject property

Subtract the comparable properties land value from its selling price to figure out the improvements depreciated value

Indicate which of the following statements about the property value adjustments is false

All differences between a comparable property and the subject property must be adjusted for

What type of foreclosures commonly used when a deed of trust is the Security instrument

Non-judicial

Deedee is appraising single-family homes purchase as a rental property which income approach is she using

Gross rent multiplier

Which of the following statements about industrial parks is true

Industrial parks require a large time investment during development but once they're filled most of the management responsibility shifts to the tenants

How does an appraiser measure depreciation when using the observed condition method

Estimate the properties loss value for both curable and incurable items of depreciation

When using the income approach and appraiser determines the_____ using market rent and does not deduct for losses or expenses

Potential gross income

To determine the properties value with the cost approach the praisers subtract the _____ from the reproduction/replacement cost and then add the site value

Accrued depreciation

When following the uniform standards of professional appraiser practice for real estate appraisal, and appraiser will ____ after determining the subject properties highest and best use

Estimate value of the land

Roberto a licensee filled in the blanks on a standard form used in his brokerage firm. is this OK

Yes, licenses can use standard forms provided by the brokerage or approved by an attorney

An appraiser is valuing a large piece of acreage with no comparables available. she will use the sales price and subtract the cost of improvements less depreciation to arrive at a value for the land. What method issue using

Abstraction

Which of the following statements about the income approach is false

GIM is appropriate for finding a value of a single-family home purchase as a rental property

When is an auction property considered to be on the market.

When the reserve has been met

This is the first wooden member of the flooring structure, from the ground up

Sill plate

In an air-conditioning system, what takes heat from the air and brings it to the refrigerant

Evaporator

When working with commercial properties, the appraiser develops an estimate of market rent by____ and comparing rent across the subject and comparable properties

Converting rental income to annual dollars per square foot

Roxanne just finished making a Buyer presentation to Fred and Regina Jones. Now that they understand the difference between being customers and being clients, they're anxious to be represented what is one of Roxanne's duties to them as their buyer agent

Finding properties to show Fred and Regina

For what do real estate professionals use comparative market analysis?

To recommend an appropriate listing type

As part of its penalty for violating antitrust law, Homes4Cheap, Inc. has been ordered to undergo court-ordered supervision. How long can this supervision last?

10 years

About 50% of the borrowers in Neighborhood One are Hispanic, while only 4% in Neighborhood Two are Hispanic. The median home price in both neighborhoods is the same. However, statistics show that there is a significantly greater percentage of minority and low-income borrows who were denied financing for loans on properties in Neighborhood Two and were offered lower rates to live in Neighborhood One. What act is intended to prevent this type of potentially discriminatory lending pattern?

Home Mortgage Disclosure Act

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