Valuation

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Questions and Answers

When land is surveyed, the description should contain:

  • The corners of the property
  • A specific length and direction of the sides of the property
  • The area contained within the described boundaries expressed in accepted units of measure
  • All of the above (correct)

Orientation refers to:

  • Position on site (correct)
  • Safety standards
  • Resistance to heat
  • Structure

Which of the following is the best definition of a "commercial acre"

  • An acre minus all residential property
  • An acre minus property that has been sold
  • An acre after deducting parking
  • The building portion of an acre after deductions for streets, curbs and sidewalks (correct)

Flashcards

Capital of France (example flashcard)

Paris

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