In making an appraisal, the appraiser uses several approaches to value. The appraiser then:
A) averages the different values.
B) finds the median for the different values.
C) uses his or her judgment to evaluate the different values.
D) uses the pentaploid theorem.
Correct Answer:
Verified
Q8: In understanding the forces that shape value,
Q9: Appraisers provide which of the following services?
A)
Q10: The major weakness of the cost approach
Q11: A decline in value due to factors
Q12: As the capitalization rate goes up, the
Q14: The method of determining a capitalization rate
Q15: The principle of highest and best use
Q16: Define market value and market price.
Q17: In the context of determining value, define
Q18: Name the four elements of value in
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