RE-121 Chapter 11 Crossword Puzzle PDF

Summary

This crossword puzzle focuses on real estate appraisal, including economic concepts, transactions, and value estimation. It's suitable for those learning about real estate or for educational purposes.

Full Transcript

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.

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