Usefulness of the cost approach would be limited when:
A: An appraiser is appraising a new structure appropriate to its site and use;
B: There exists an unusually inactive real estate market;
C: Appraising for proposed construction;
D: Appraising an old structure with many functional deficiencies.
Answer: D: Appraising an old structure with many functional deficiencies.
Business
You might also like to view...
Nonresponse rates should always be reported and, whenever possible, the effects of nonresponse should be estimated
Indicate whether the statement is true or false
Business
Which of the following in NOT a stage in developing a shared vision?
a. develop trust b. empower the individual c. share the vision d. reward performance e. measure commitment
Business