A property suffers from functional obsolescence when

A. Reproduction Cost is increasing faster than Replacement Cost

B. Reproduction Cost > Replacement Cost

C. Replacement Cost > Reproduction Cost

D. Replacement Cost is increasing faster than Replacement Cost

Indirect costs are expenditures or allowances that are necessary for construction but are typically part of the construction contract?

True/False

The process of joining two or more parcels into one ownership is called

A. Assemblage

B. Allocation

C. Joining

D. Plottage