Choose the one most appropriate answer for each.
-a method of valuing property based on the monetary return it is expected to produce
A) adjustments
B) appraisal
C) buyer's market
D) capitalize
E) comparables
F) cost approach
G) curable depreciation
H) depreciation
I) functional obsolescence
J) gross rent multiplier (GRM)
K) highest and best use
L) income approach
M) incurable depreciation
N) market approach
O) net operating income (NOI)
P) operating expenses
Q) physical deterioration
R) reproduction cost
S) scheduled gross income
T) subject property
Correct Answer:
Verified
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