86. | As used in appraisal, all cost estimates relate to: | | | A: "book" costs | | | B: wholesale costs | | | C: cost of materials only | | | D: typical costs on the date of value | |
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87. | Which of the following is not true? | | | A: Real estate consists of the land and everything fastened to it | | | B: Land includes the surface, the subsurface and the space above | | | C: Fixtures are always personal property even when attached to real estate | | | D: Property consists of value rights held to the exclusion of others | |
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88. | Income levels, growth rate, value trends, supply and demand, and employment opportunities describe some of the: | | | A: economic factors affecting neighborhood quality | | | B: social factors of a community | | | C: the patterns of neighborhood growth | | | D: none of the above | |
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89. | The best test of functional utility in a structure is its: | | | A: usefulness/attractiveness to buyer (users) | | | B: appeal to the owners (sellers) | | | C: pure style | | | D: floor plan | |
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90. | The appraiser's opinion of the highest and best use in written appraisal is required: | | | A: in all market value appraisals | | | B: at the request of the intended users | | | C: As an added assisgnment | | | D: none of the above | |