Ch10

The depreciation for a residential property is how many years...? 住宅物业的折旧是多少年...？

27.5

The rate of interest which is considered a reasonable return on the investment, and used in the process of determining value based upon net income is known as...? 被认为是合理的投资回报率，并在根据净收入确定价值的过程中使用的利率被称为......？

Capitalization Rate

A loss in value due to factors away from the subject property but adversely affecting the value of the subject property is known as...? 由于远离标的财产但对标的财产的价值产生不利影响的因素而导致的价值损失被称为...？

Economic obsolescence

The rate at which member banks charge each other for borrowing short-term money is known as the...? 成员银行借用短期资金相互收取的利率被称为...？

Federal Funds Rate

A loss of value due to adverse factors from within the structure which affect the utility of the structure, value and marketability is known as...? 由于结构内部影响结构实用性、价值和适销性的不利因素而导致的价值损失被称为......？

Functional Obsolescence

This is an appraisal phrase meaning that use which, at the time of an appraisal, is most likely to produce the greatest net return to the land and/or buildings over a given period of time...? 这是一个评估短语，意思是在评估时最有可能在给定时间段内为土地和/或建筑物产生最大净回报的使用......？

Highest and Best Use

When a property is "over improved" relative to other surrounding properties in the area that are of lesser value, it is referred as the...? 当一个房产相对于该地区其他价值较低的房产"过度改善"时，它被称为......？

Law of Regression

Capitalization Rate is equal to...?

NOI / Purchase Price

An improvement which is not the highest and best use for the site on which it is placed by reason of excess size and cost is referred to as...? 由于尺寸和成本过大而不是其所在站点的最高和最佳用途的改进被称为......？

Over Improvement

The loss in value due to the actual wearing out of the improvements is known as...? 由于改进的实际磨损而导致的价值损失被称为......？

Physical Obsolescence

This holds that the maximum of value is realized when a reasonable degree of homogeneity of improvements is present...? 这认为，当存在合理程度的改进同质性时，价值的最大值就实现了......？

Principle of Conformity

When a component part of a property is valued in proportion to its contribution to the value of the whole, it is referred to as this principle...? 当一个财产的组成部分的价值与其对整体价值的贡献成正比时，它被称为这个原则......？

Principle of Contribution

In appraising, this is a valuation principle stating that market value is affected by the intersection of supply and demand forces in the market as of the appraisal date...? 在估价中，这是一个估价原则，即市场价值受估价日市场供求力量的影响......？

Principle of Supply and Demand

The economic life of a building minus its effective age is known as...? 建筑物的经济寿命减去其有效年龄被称为......？

Remaining Economic Life

Which of the following is a means by which the Federal Reserve controls the money supply...? 以下哪项是美联储控制货币供应量的手段...？

Reserve requirement, Discount rate, Bond market

This is one of the three major valuation methods, which compares a subject property's characteristics with those of comparable properties which have recently sold in similar transactions...? 这是三种主要估价方法之一，它将标的房产的特征与最近在类似交易中出售的可比房产的特征进行比较......？

Sales comparison approach

Properties listed above market value typically take the longest to sell...? 上面列出的市场价值的房产通常需要最长的时间才能出售......？

True

This refers to an improvement which, because of its deficiency in size or cost, is not the highest and best use of the site...? 这是指一种改进，由于其规模或成本的不足，它不是对网站的最高和最佳利用......？

Under Improvement

A written statement, independently and impartially prepared by a qualified appraiser setting forth an opinion in a federally related transaction as to the market value of an adequately described property as of a specific date is known as a/an...? 由合格的评估师独立和公正地准备的书面声明，在与联邦相关的交易中就特定日期的充分描述的财产的市场价值发表意见被称为...？

Appraisal

One qualified by education, training and experience who is hired to estimate the value of real and personal property based on experience, judgment, facts, and use of formal appraisal processes is known as a/an...? 受雇于根据经验、判断、事实和使用正式评估过程来估计不动产和个人财产价值的受教育、培训和经验合格的人被称为...？

Appraiser

The supply of willing and able buyers in the marketplace or lack thereof is referred to as...? 市场上愿意和有能力的买家的供应或缺乏被称为......？

Demand

The ability to deduct expenses on improvements made to income producing property is referred to as...? 扣除对创收财产进行改进的费用的能力被称为......？

Depreciation

The minimum interest rate set by the Federal Reserve for lending to other banks is known as the...? 美联储为向其他银行贷款设定的最低利率被称为...？

Discount Rate

This affirms that value is created by anticipated benefits to be derived in the future...? 这肯定了价值是由未来获得的预期收益创造的......？

Principle of Anticipation

This holds that it is the future, not the past, which is of prime importance in estimating value...? 这认为在估计价值时，最重要的是未来，而不是过去......？

Principle of Change

This affirms that the maximum value of a property tends to be set by the cost of acquiring an equally desirable and valuable substitute property, assuming no costly delay is encountered in making the substitution....? 这肯定了财产的最大值往往由获得同样理想和有价值的替代财产的成本决定，假设在进行替代时没有遇到代价高昂的延迟......？

Principle of Substitution

The ability to give satisfaction and/or excite desire for possession is known as...? 给予满足和/或激发占有欲的能力被称为......？

Utility

The present worth of future benefits arising out of ownership to typical users/investors is referred to as...? 典型用户/投资者因所有权而产生的未来收益的当前价值被称为......？

Value

This is one of the three methods in the appraisal process in which a value estimate of a property is derived by estimating the replacement cost of the improvements, deducting therefrom the estimated accrued depreciation, then adding the market value of the land...? 这是评估过程中的三种方法之一，其中通过估计改进的重置成本，从中扣除估计的应计折旧，然后加上土地的市场价值来得出财产的价值估计......？

Cost Approach

This is one of the three methods of the appraisal process generally applied to income producing property, and involves a three-step process - (1) find net annual income, (2) set an appropriate capitalization rate or "present worth" factor, and (3) capitalize the income dividing the net income by the capitalization rate...? 这是通常应用于创收财产的三种评估方法之一，涉及三个步骤——(1) 确定年净收入，(2) 设置适当的资本化率或"现值"因子，以及 (3) 资本化收入除以净收入除以资本化率...？

Income Approach