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3 Cards in this Set
- Front
- Back
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difference between real estate v real property
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real estate- physical land
real property- all rights in the ownership of physical real property. |
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the act of developing an opinion of value
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appraisal
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what are the 4 factors of value?
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1. utility- "usefulness"
2. scarcity- basis of demand 3. desire- desire by potential purchasers 4. effective purchasing power |
