1
Q
What is the RICS standard for Valuation?
A
Red Book (Global standards)
UK national supplement
2
Q
What are the 5 valuation methods
A
comparable method
investment method
profits methods
depreciated replacement cost method
residual method
3
Q
What are the 3 valuation approaches?
A
1.market approach
2. income approach
3.cost approach
4
Q
What methods belong under market approach?
A
comparable transaction method
guideline publicly-traded comparable method
5
Q
What methods belong under Income approach?
A
6
Q
What methods belong under Cost approach?
A
Replacement cost method (depreciated replacement cost)
Reproduction cost method
Summation method
7
Q
when would you do Red book valuation
A
for tax purposes
for legal proceedings
8
Q
What is the difference between between market value anda fair value?
A
9
Q
A
APC flashcards
flashcards
Decks in class (14)
# Cards
-
Accounting principles and procedures (1)6
-
Business planning (1)5
-
Data management (1)6
-
Sustainability (1)6
-
Conflict avoidance, management and dispute resolution8
-
Inclusive environments (1)0
-
Ethics, Rules of Conduct and professionalism (3)12
-
Valuation (2)9
-
Property management (3)13
-
Landlord and tenant (3)6
-
Client care (2)9
-
Inspection (3)20
-
Purchase and sale (3)12
-
Auctioneering (2)10
