A substantial difference in value between two properties that were built concurrently on adjoining lots of equally valuable land with construction and maintenance costs the same, would most likely be caused by:
A: Physical depreciation of one of the properties;
B: Economic obsolescence in the neighborhood;
C: Nonconforming uses opposite the properties;
D: Functional obsolescence within one of the properties.
Answer: D: Functional obsolescence within one of the properties.
Business
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The quantity survey method, unit-in-place method, and the square foot/cubic foot methods in real estate appraisal most directly relate to:
A: The cost approach; B: The income approach; C: The sales comparison approach; D: All of the above.
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Complaints regarding violations of the ADA are filed with the U.S. Department of Justice
Indicate whether the statement is true or false
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