10 Valuation & Pricing Flashcards
1
Q
CMA
A
Comparatie Market Analysis resent closed sales on market recently expired listings
2
Q
What is real property
A
land and everything attatched
3
Q
personal property
A
moveable and not affixed to land
4
Q
value
A
demand improvements scarcity location
5
Q
co-op condo
A
coop leasehold condo freehold
6
Q
Cost approach to valuation
A
reproduction or replacement cost
7
Q
Income valuation
A
Appraisal by capitalization
Value X cap rate = NOI
8
Q
Market Value
A
Comparative closed
9
Q
Appraisal?
A
Opinion of value supported by objective dta
10
Q
area = LXW what is frontage?
A
First number given
11
Q
Acre
A
43,560 sq ft
