Choose the One Most Appropriate Answer for Each

question 67

Multiple Choice

Choose the one most appropriate answer for each.
-the estimated rent a fully occupied property can be expected to produce on an annual basis

• A)adjustments
• B)appraisal
• C)buyer's market
• D)capitalize
• E)comparables
• F)cost approach
• G)curable depreciation
• H)depreciation
• I)functional obsolescence
• J)gross rent multiplier (GRM)
• K)highest and best use
• L)income approach
• M)incurable depreciation
• N)market approach
• O)net operating income (NOI)
• P)operating expenses
• Q)physical deterioration
• R)reproduction cost
• S)scheduled gross income
• T)subject property