RE-121 Chapter 11 Crossword Puzzle.pdf

RE-121 Chapter Eleven Crossword Puzzle Real Estate Appraisal 1 2 3 4 5 6 7 8 9 10 ACROSS 2 Economic _____. The overall direction in which a nation's economy is moving. 4 _____ length transaction. A sale in which there is no pre-existing family or business relationship between the parties. 6 A proper...

RE-121 Chapter Eleven Crossword Puzzle Real Estate Appraisal 1 2 3 4 5 6 7 8 9 10 ACROSS 2 Economic _____. The overall direction in which a nation's economy is moving. 4 _____ length transaction. A sale in which there is no pre-existing family or business relationship between the parties. 6 A property's economic life (also called ______ life) is the period when the land and its improvements are profitable. 7 ____ = length x width. 8 Loss in value due to any cause. 9 ___ income = gross income operating expenses. 10 An estimate or an opinion of value. DOWN 1 Abbreviation for Uniform Standards of Professional Appraisal Practice. 2 How many appraisal methods are there? 3 This principle maintains that the maximum value of real estate is achieved when the agents of production are in proper balance with each other. 4 A desirable or useful feature or facility of a building or place. 5 This involves changing the structure through demolition and construction. 8 facts and statistics collected together for reference or analysis. WORD BANK: Amenity, appraisal, area, arm's, balance, data, depreciation, net, remodel, three, trends, useful, uspap.