Category: Uncategorized

Which type of value applies in ad valorem taxation and refers to the value of a property according to the tax rolls?

The intended use of an appraisal is

Which type of value is the focus of most real property appraisal assignments?

If a product is manufactured in a facility in one state but sold in a store in another state, the property in which the product is manufactured is known as

The most reliable procedure for estimating land value is usually

The right of government to take private property for public use with payment of just compensation is known as

Which principle states that property value is created and sustained when contrasting, opposing, or interacting elements are in a state of equilibrium?

The subject property is a 0.75-acre site with a single-family residence that is located in a FEMA flood hazard area. The site is about 24 inches below the minimum building elevation, which would eliminate any feasible development of the site today. In this area, land in flood hazard areas sells for $10,000 per acre, and buildable residential sites in this market sell for $90,000. What is the value of the site (VL)?

Land is most often valued using which of the following units of comparison?

Real estate is purchased in response to the demand generated by a population with