"Capitalization" is a process used to:
A: Find the interest rate;
B: Convert income into value;
C: Establish the market value;
D: Determine the net income.
Answer: B: Convert income into value;
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It is good practice to take the legal description from the seller's warranty deed when you get the listing. If the seller does not have a copy of his or her warranty deed, it may be found at the county courthouse. In locating the seller's deed in the record room of the courthouse your first point of reference would be the:
A. Plat map. B. Deed book. C. Plat book. D. Grantor-grantee insex
In addition to the five forces model of industry competition, Michael Porter has developed a framework of so-called generic business strategies. Explain these generic strategies, describing their aims and application
What will be an ideal response?