________ refers to the acquisition of lots of varying ownership through purchase or

expropriation purpose of planned and rational development and socialized housing

programs without individual property boundary restrictions a. Land Banking c. Land
Swapping
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Land Banking
Land Grabbing
Land Swapping
Land Consolidation
 
 
Market rent can be defined as:
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The potential gross rent
 
The contract rent
The average rent
None of the above
 
Income capitalization is the broad term used to describe the process of estimating the
value of income property by studying the economic relationship between income and
value. This process:
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Converts the net income of a property into its equivalent capital value
 
Reflects the time value of money by reducing or discounting future income to its present worth
Focuses on the present worth of future benefits
All of the above
Correct answer
All of the above
 
Briefly, reconciliation is defined as:
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An estimate of value
One of the three approaches
The process by which the appraiser evaluates, chooses, and selects from among two or more
alternative indications to reach a single answer
 
All of the above
 
The following are the major stages of Schedule of Market Values development,
EXCEPT:
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Preparatory Stage
Data Collection Stage
Data Analysis Stage
Testing of Cost Data
 
None of the above
 
Cost data is considered as one the reliable primary data need in the data collection
process in mass appraisal process. Which of the following is not considered as a
reliable source of Cost Data?
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DPWH
 
DSWD
Architects
Builders and Developers
Correct answer
DSWD