Chapter 13 Flashcards

(45 cards)

1
Q

Anticipation

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2
Q

Appraisal

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3
Q

Broker Price Opinion (BPO)

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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

20
Q

Effective Age

21
Q

Effective Demand

22
Q

Functional Obsolescence

23
Q

Gross Effective Income

24
Q

Income (Capitalization) Approach

25
Incurable
26
Market Value
27
Net Operating Income (NOI)
28
Operating Expenses
29
Physical Deterioration
30
Potential Gross Income
31
Price
32
Probable Sales Price
33
Quantity Survey Method
34
Replacement Cost
35
Replacement Reserve
36
Reproduction Cost
37
Scarcity
38
Square-foot Method
39
Substitution
40
Supply and Demand
41
Transferability
42
Unit-in-place method
43
Utility
44
Value
45
Value in Use