The Uniform Standards of Professional Appraisal Practice (__) is a set of standards, guidelines and provisions for the appraisal industry
Adjustments can be made only to the comparables' prices, not to the __'s.
The sales __ approach, also known as the market data approach, is used for almost all properties.
The purpose of a/an __ influences an estimate of the value of a parcel of real estate.
Ownership of real estate produces __ when there are leases on the land.
__ value is an estimate of the market value of a lessee's interest in a property.
The principal of __ focuses on the degree to which a particular improvement affects market value of the overall property.
__ is an increase in the market value of a parcel of land over time.
When demand for properties exceeds supply, a condition of __ exists.
__ obsolescence occurs when a property has outmoded physical or design features which are no longer desirable to current users.
__ value is the value based on the cost of constructing a precise duplicate of the subject property's improvements, assuming current construction costs.
Title XI of __ requires that competent individuals whose professional conduct is properly supervised perform all appraisals used in federally-related transactions.
The principal factors for comparison and adjustment are time of sale, __, physical characteristics, and transaction characteristics.
The principle of __ and best use holds that there is, theoretically, a single use for a property that produces the greatest income and return.
When supply and demand are generally equivalent, the market is considered to be in balance, and real estate values __.