Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

KY Real Estate Salesperson > CHP 12 - Factors Affecting Mkt Value > Flashcards

CHP 12 - Factors Affecting Mkt Value Flashcards

1
Q

Price =

A

Final selling price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

HIghest and best use

A

Economic principal applies to real estate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Principle of Substitution

A

If given 2 or more similar homes buyer will choose most affordable option

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Contribution

A

change in market value of a property due to a particular improvement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Municipal Infrastructure

A

local market influence on mkt value

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

KY Real Estate Salesperson (57 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions