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

A
20
Q

Effective Age

A
21
Q

Effective Demand

A
22
Q

Functional Obsolescence

A
23
Q

Gross Effective Income

A
24
Q

Income (Capitalization) Approach

A
25
Q

Incurable

A
26
Q

Market Value

A
27
Q

Net Operating Income (NOI)

A
28
Q

Operating Expenses

A
29
Q

Physical Deterioration

A
30
Q

Potential Gross Income

A
31
Q

Price

A
32
Q

Probable Sales Price

A
33
Q

Quantity Survey Method

A
34
Q

Replacement Cost

A
35
Q

Replacement Reserve

A
36
Q

Reproduction Cost

A
37
Q

Scarcity

A
38
Q

Square-foot Method

A
39
Q

Substitution

A
40
Q

Supply and Demand

A
41
Q

Transferability

A
42
Q

Unit-in-place method

A
43
Q

Utility

A
44
Q

Value

A
45
Q

Value in Use

A