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In appraising an income-producing property using the income approach, gross potential rents must be estimated. How are gross potential rents BEST determined? Group of answer
In appraising an income-producing property using the income approach, gross potential rents must be estimated. How are gross potential rents BEST determined? Group of answer choices Based on long-term vacancy rates in the area in which the subject property is located Based on published surveys of relevant real estate trends Based on the relationship between money actually received and units actually rented Based on current market rents of similar properties
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