The __________________________: is a general method for appraising all types of properties involves comparing the subject property with comparable properties (similar properties) that have sold recently.
Fill in the blank(s) with the appropriate word(s).
Answer: sales comparison approach
You might also like to view...
Disagreements about whether the U.S. government should regulate international trade
A) date back to the beginning of the country. B) began during the Great Depression. C) did not occur until the end of the Mexican War in 1848. D) began after World War I when government officials no longer believed in isolationism.
Both ________ and ________ were financial innovations that occurred because of interest rate volatility
A) adjustable-rate mortgages; commercial paper B) adjustable-rate mortgages; financial derivatives C) sweep accounts; financial derivatives D) sweep accounts; commercial paper
The nominal return on an inflation-protected bond equals a fixed real return:
A. plus the actual rate of inflation. B. divided by the price level. C. plus the expected rate of inflation. D. minus the actual rate of inflation.
Money's function as a medium of exchange means that
A) money is a common denominator for expressing the prices of goods and services. B) money can be used to store wealth. C) money serves as an acceptable means of payment. D) money requires a double coincidence of wants.