All things being equal, the higher the cap rate, the:
A) higher the value
B) lower the return
C) higher the rent
D) lower the value
Correct Answer:
Verified
Q23: With a gross monthly multiplier of 150,
Q24: The acronym OREA stands for:
A) Office of
Q25: Licensed by the Office of Real Estate
Q26: "Value in use" refers to:
A) how a
Q27: While making a rule of thumb appraisal
Q29: In the cost approach, the most difficult
Q30: Which of the following is not an
Q31: The type of appraisal report required by
Q32: Real estate appraisers are needed to:
A) determine
Q33: Real estate loan payments and income tax
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