Questions and Answers
What is the definition of 'absorption analysis'?
An analysis of the amount of space or the number of units that can be sold, leased, put into use or traded on the market during a predetermined period of time
What does 'advice' refer to in a consulting engagement?
A considered judgment arrived at after careful investigation and analysis
What is a 'binding requirement' according to USPRCP standards?
All or part of a standards rule from which departure is not permitted
What does 'cash flow analysis' involve?
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Who is referred to as the 'client' in a consulting engagement?
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What does 'client's problem' refer to in a historical realty situation?
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What is the definition of real estate consultant according to Article I, Sec. 3, g(1) of R.A. 9646 Real Estate Service Act of the Philippines?
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What does 'market segmentation' involve in the real estate market?
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What is the 'rent-up period' for an income property?
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What does 'signature' indicate in the context of consulting services?
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What does 'primary data' refer to in consulting?
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In real estate terminology, what does 'realty' refer to?
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What is the date of a written report lacking a transmittal letter prepared by the consultant?
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What is the meaning of 'economically feasible' in the context of real estate?
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What does 'highest and best use (HBU)' refer to in the context of real estate?
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What is 'intended use' in the context of a consultant's reported consulting engagement?
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What does 'limiting condition' specify in a consulting report?
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In a marketability study, what does the analysis focus on?
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What does 'consulting' refer to in real estate?
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What does 'primary data' relate to in consulting?
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'Land utilization studies' do NOT focus on which of the following?
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'Data' may be divided into classes including general, specific, primary, and secondary. What does 'specific data' relate to?
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What is meant by 'effective demand' in economic terms?
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What does 'feasibility analysis' involve?
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