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What is a capitalization rate, and how is it used to value commercial real estate? Describe the following market distortions and define which government power
- What is a capitalization rate, and how is it used to value commercial real estate?
- Describe the following market distortions and define which government power is used to control each distortion.
- Holdout
- Negative externalities
- Incomplete information
- Uncertainty of residential values
- Identify and briefly describe the three main characteristics of rights
- What is the main difference between Appurtenant Easements and Easement in Gross?
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