What happens to the value when the capitalization rate increases?
1/1
The value decreases
The value remains stable
Filtering down
The multiplier effect
The fact that housing trends to pass to lower groups is known as_______
1/1
Economies of Scale
Diminishing return
Filtering down
The multiplier effect
Valuers should at all times maintain a high standard of honesty and integrity, in a
manner not detrimental to their
1/1
Neighbors, Friends and Public
Family, Society and Nation
Clients, Public & Professional Valuation Body
Clients, PRC and AIPO
In reporting of values, the International Valuation Standards state that the style of the
valuation must be _________ to the nature of the assignment.
1/1
Tailored
Adjusted
Reasonable
Limited
The principle of increasing or decreasing returns can best be applied when there is:
1/1
An improvement on a parcel of land
An under improvement on a parcel of land
A poorly designed home
None of the above
What is the minimum burial plot size for ground internment?
0/1
2.00 meters by 1.44 meters
1.00 feet by 2.44 feet
2.000 meters by 2.00 meters
1.00 meter by 2.44 meters
Correct answer
1.00 meter by 2.44 meters
___ is also known as The Magna Carta of Homeowners and Homeowners Association
1/1
BP 220
PD 957
RA 9904
RA 7279
Provision for elevator shall be required for building with _____ storeys and beyond
1/1
8
3
4
6