National Salesperson and Supplemental Broker Practice Exam

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Questions and Answers

An appraiser factored the gross operating income, adjusted for vacancy, subtracted out the expenses and applied a capitalization rate. What type of property is being appraised? A/An

  • Brand New Stadium
  • Leased Historical Site
  • Single Family Residential Rental
  • Multi­‐family Apartment Building (correct)

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