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LESSON SUBJECT PAGE
Concepts and Definitions ll
The Appraisal Process
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accrued depreciation acquaint the student ADDENDA adjustments affect the market analyzed answering the following Appraisal of Real appraisal process appraisal report approach to value Approach Value Estimate brief statement answering bundle of rights buyer characteristics comparable sales condition condominium Construction costs Correlation cost approach Current edition Date of Value Discuss Easements Economic Obsolescence economic rent estimate of value fair market value final value conclusion Functional Obsolescence gross rent multiplier highest and best homes Income Approach indicated value land and improvements Land Sales legal description LESSON Location loss in value market approach Market Data Approach method neighborhood analysis parcel Principle purchased Reading Assignment Real Estate Appraisal replacement cost resi Review Questions sale price sale property Session To acquaint shake roof single family residence single family residential small multiple dwelling sold structure Student Exercises subject property subject residence transaction trends utility valuation whole property Write a brief yard improvements Zoning