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8. In general, the interest appraised of an Investment property is: a) Leased Fee b) Fee Simple c) Equity Return d) None of the above

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8. In general, the interest appraised of an Investment property is: a) Leased Fee b) Fee Simple c) Equity Return d) None of the above 9. In general, the interest appraised of Land is: a) Leased Fee b) Fee Simple c) Equity Return d) None of the above 10. In general, for an Investment property, the approach to value more heavily weighted by an appraiser is the: a) Cost Approach b) Sales Approach c) Income Approach d) b and c 11. In general, for an Owner-Occupied property, the approach to value more heavily weighted by an appraiser is the: a) Cost Approach b) Sales Approach c) Income Approach d) a and c 12. Regarding a mixed-use property, what is/are the basis for determining the primary use of the property? a) Square footage b) Gross Income c) Vacancy Rate d) a and b 8. In general, the interest appraised of an Investment property is: a) Leased Fee b) Fee Simple c) Equity Return d) None of the above 9. In general, the interest appraised of Land is: a) Leased Fee b) Fee Simple c) Equity Return d) None of the above 10. In general, for an Investment property, the approach to value more heavily weighted by an appraiser is the: a) Cost Approach b) Sales Approach c) Income Approach d) b and c 11. In general, for an Owner-Occupied property, the approach to value more heavily weighted by an appraiser is the: a) Cost Approach b) Sales Approach c) Income Approach d) a and c 12. Regarding a mixed-use property, what is/are the basis for determining the primary use of the property? a) Square footage b) Gross Income c) Vacancy Rate d) a and b

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