Unit 16: Real Estate Appraisal Flashcards by Natalie Denton | Brainscape

Q

accrued depreciation

A

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Q

anticipation

A

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Q

appraisal

A

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Q

Appraiser Independence Requirements (AIR)

A

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Q

assemblage

A

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Q

broker’s price opinions (BPO)

A

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Q

capitalization rate

A

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Q

change

A

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Q

competition

A

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Q

conformity

A

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Q

contribution

A

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Q

cost approach

A

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Q

depreciation

A

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Q

economic life

A

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Q

external obsolescence

A

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Q

functional obsolescence

A

Q

gross income multiplier (GIM)

A

Q

gross rent multiplier (GRM)

A

Q

highest and best use

A

Q

income approach

A

Q

law of diminishing returns

A

Q

law of increasing returns

A

Q

market data approach

A

Q

market value

A

Q

net operating income (NOI)

A

Q

physical deterioration

A

Q

plottage

A

Q

progression

A

Q

reconciliation

A

Q

regression

A

Q

sales comparison approach

A

Q

sales price

A

Q

substitution

A

Q

supply and demand

A

Q

Uniform Standards of Professional Appraisal Practice (USPAP)

A

Q

value

A