Chapter Ninteen: Real Estate Appraisal Leases

This chapters audio lecture will cover:

• Definition of Appraisal


• Appraisal Licensing and Certification


• Definition and Types of Value


• Basic Appraisal Principles


• Three Approaches to Value
  
  • Sales Comparison Approach
  
  
  • Cost Approach
  
  
  • Income Approach
  
  
  
  


• Gross Rent and Gross Income Multipliers


• Reconciliation of Values


• Appraisal Report