All of the following are limitations to the gross income multiplier approach for real estate valuation EXCEPT:
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The gross income multiplier approach does not use a capitalization rate.
[此贴子已经被作者于2011-3-22 15:16:51编辑过]
Discontinuous pricing, lack of rental data, and the fact that gross rents may distort appraised values are all limitations of which of the following valuation techniques?
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The direct income capitalization approach does not use gross rents. The market extraction technique is not a valuation technique per se. It is a technique used to determine capitalization rates for the direct income capitalization valuation approach.
Which of the following valuation approaches is limited in its application to income producing properties?
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Both valuation approaches are limited to use with income producing properties. Neither approach can provide an accurate value estimate for owner-occupied properties because the benefit derived by the owner is difficult to measure in monetary terms.
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