Chapter 13 Flashcards

1
Q

Anticipation

A
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2
Q

Appraisal

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3
Q

Broker Price Opinion (BPO)

A
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4
Q

Capitalization

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5
Q

Capitalization Formula

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6
Q

Cash Flow

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7
Q

Chronological Age

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8
Q

Comparable

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9
Q

Comparative Market Analysis (CMA)

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10
Q

Competition

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11
Q

Conformity

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12
Q

Contribution

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13
Q

Cost

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14
Q

Cost Approach

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15
Q

Curable

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16
Q

Debt Service

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17
Q

Demand

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18
Q

Depreciation

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19
Q

Economic Obsolescence

20
Q

Effective Age

21
Q

Effective Demand

22
Q

Functional Obsolescence

23
Q

Gross Effective Income

24
Q

Income (Capitalization) Approach

25
Q

Incurable

26
Q

Market Value

27
Q

Net Operating Income (NOI)

28
Q

Operating Expenses

29
Q

Physical Deterioration

30
Q

Potential Gross Income

31
Q

Price

32
Q

Probable Sales Price

33
Q

Quantity Survey Method

34
Q

Replacement Cost

35
Q

Replacement Reserve

36
Q

Reproduction Cost

37
Q

Scarcity

38
Q

Square-foot Method

39
Q

Substitution

40
Q

Supply and Demand

41
Q

Transferability

42
Q

Unit-in-place method

43
Q

Utility

44
Q

Value

45
Q

Value in Use