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N10

TermDefinition
Capitalization process of converting Net income into Value
Economic life period of time property will produce income/economically beneficial
Gross Income total rent collected
Capitalization rate return rate an investor wants to receive. value (V) = net income (I) / cap rate (R)
Gross rent multiplier equation to estimate values of small income properties. sales price (comp.)/rent
Reconciliation of data bringing data together from 3 appraisal methods to determine final estimate
EPA regulates federal environmental rules/laws
ADRE commissioners require disclosure
Discovery phase 1 of investigation
Created by: bronny