6.When a site's highest and best use is forecast to change in the near future, the present use is considered a(n)

Select one:

a. restricted use.

b. interim use.

c. speculative holding.

d. permanent use

7.Which of the following is not included in operating expenses?

Select one:

a. Mortgage Interests

b. Property Taxes

c. Management fees

d.Utilities

8.Using the allocation method, if the ratio of land value to building value is one to three and an improved property is valued at $300,000, land value is

Select one:

a. $100,000.

b. $150,000.

c. None of these.

d. $75,000.

9.Which of the following further defines overall market?

Select one:

a. Demography

b. Segmentation

c. Forecast

d. Feasibility study

10.Which one of the following is not true for highest and best use?

Select one:

a.Financially feasible

b.High productivity

c. Physically possible

d.Legally permitted