Choose the One Most Appropriate Answer for Each

Choose the one most appropriate answer for each.
-to convert future income to current value

A) adjustments
B) appraisal
C) buyer's market
D) capitalize
E) comparables
F) cost approach
G) curable depreciation
H) depreciation
I) functional obsolescence
J) gross rent multiplier (GRM)
K) highest and best use
L) income approach
M) incurable depreciation
N) market approach
O) net operating income (NOI)
P) operating expenses
Q) physical deterioration
R) reproduction cost
S) scheduled gross income
T) subject property

Correct Answer:

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