Selected 2023 Exam Result Flashcards
What is The principle of regression
a. the value of a more expensive property will decrease when less expensive properties come into the area
a. the value of a more expensive property will decrease when less expensive properties come into the area
What is the Principle of Consistent Use
a. the entire property must be valued with a single use
a. the entire property must be valued with a single use
What is the Principle of Anticipation
a. expected future benefits
a. expected future benefits
What is the Principle of Increasing and decreasing return
a. adding more of one of the agents of production, while holding the other agents of production constant, will eventually lead to diminishing returns.
a. adding more of one of the agents of production, while holding the other agents of production constant, w
What is Principle of contribution
a. the value of a component of property depends upon its contribution to the value of the total property
a. the value of a component of property depends upon its contribution to the value of the total property other term : gift or payment of, common fund or collection
What is the principle of substitution
a. the upper limit of value tends to be set by the cost of acquiring an equally desirable substitute, assuming no untimely delays.
a. the upper limit of value tends to be set by the cost of acquiring an equally desirable substitute, assuming no untimely delays.
What is the Principle of Highest and Best use
a. Result in Highest value
What is the Principle of Highest and Best use
a. Result in Highest value
Determination of the required legal easement for rural and municipalities
a. 20-meter easement
a. 20-meter easement
A contrail forms when the hot water vapor and exhaust gas from a jet engine combines with water vapor in the extremely cold environment of the upper troposphere.
a. Contrail Light
a. Contrail Light
What is the Principle of the Highest and Best use
a. Result in the Highest value
What is the Principle of the Highest and Best use
a. Result in the Highest value
A document issued by the DENR certifying that the prosed project will not cause a significant environmental impact.
a. Environmental compliance certificate
a. Environmental compliance certificate
This refers to areas that are ecologically, socially or geologically sensitive as declared by Proclamation 2146 of 1981.
a. Environmentally Critical Area
a. Environmentally Critical Area
Republic Act No 6552 (Sec 24 PD 957) otherwise known as Maceda law was approved on
a. August 26, 1972
a. August 26, 1972
Zone Color for Low-Density Residential Area
a. Yellow
Zone color for Middle-DEnsity Residential Area
a. Orange
Zone Color for High-Density Residential Area
a. Brown
Zone Color for Comercial Area
a. Red
