A standard is a statement concerning proper procedures taken in a given situation.

a. true
b. false

Ans: a. true

Business

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A(n) _________________ is an individual's opinion or estimate of a property's value on a specific date.

a. termite inspection b. home inspection c. appraisal d. open house

Business

Which of the following best describes why topography could be a concern for developer:

a. It could have an adverse effect on site value if it raises development costs. b. It might not appeal to certain buyers. c. Concrete steps up to the house might be too steep. d. The variation in the contour of the land could make driving difficult.

Business