Unit 16: Real Estate Appraisal Flashcards Preview

Florida Real Estate Class Exam for Sales Associates Pre-Lic 2021 > Unit 16: Real Estate Appraisal > Flashcards

Flashcards in Unit 16: Real Estate Appraisal Deck (13)
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1
Q

Liquidation Value = Rapid Sale

A

Complete

2
Q

Highest & Best Use

A

Complete

3
Q

Overimprovement

A

Complete

4
Q

Regression

A

Complete

5
Q

Sales Comparison Approach - Calculate Adjustments

The Adjustment Process

A

Complete

6
Q

Math Reconciliation - Reconcile the adjusted values

A

Complete

7
Q

Cost Approach - Calculate reproduction cost when given dimensions and price/sq ft

A

Complete

8
Q

Three major causes of depreciation

A

Complete

9
Q

Examples of Each cause of Depreciation

A

Complete

10
Q

Effective Age

A

Complete

11
Q

Income Approach - Calculate Net Operating Income

A

Complete

12
Q

Operating Expenses & Examples

A

Complete

13
Q

Components of Gross Income Multiplier

A

Complete