Basic Appraisal Principles / Edition 1by Mark A. Munizzo, Lisa Virruso Musial
Pub. Date: 12/08/2009
Publisher: Cengage Learning
AQB approved, this basic appraisal text is a complete overview of real estate appraisal principles to meet the suggested first 30-hour content required for appraisal trainees under the 2008 AQB required core curriculum. You'll appreciate the open instructional design used in each lesson that blends theory and practice to pace material into manageable elements.
AQB approved, this basic appraisal text is a complete overview of real estate appraisal principles to meet the suggested first 30-hour content required for appraisal trainees under the 2008 AQB required core curriculum. You'll appreciate the open instructional design used in each lesson that blends theory and practice to pace material into manageable elements. Real-world examples, lesson quizzes and section reviews provide direct application and facilitate mastery of content. Authors Mark A. Munizzo and Lisa Virruso Musial are both practicing Certified General Real Estate Appraisers and award-winning instructors receiving the Instructor of the Year Award from the National Association of Independent Fee Appraisers (NAIFA) in 2002 and 2004 respectively.
- Cengage Learning
- Publication date:
- Product dimensions:
- 18.85(w) x 14.52(h) x 1.22(d)
Table of Contents
Introduction. Learning Objectives. I. THE APPRAISAL PROFESSION. 1.What is a Profession? 2. The Evolution of the appraisal Profession. 3. Appraisal, Appraisal Process and Appraisal Practice. II. REAL PROPERTY CONCEPTS AND CHARACTERISTICS. 4. Real Estate, Real Property Concepts and Characteristics. 5. Personal Property Concepts and Characteristics. 6. Land Characteristics. 7. Legal Descriptions. III. LEGAL CONSIDERATIONS. 8. Forms of Ownership. 9. Public Controls. 10. Private Controls. 11. Real Estate Contracts. 12. Transfer of Title. IV. VALUE. 13. What is Value? 14. Forces that Create Value. 15. Forces that Affect Value. 16. Types of Value. V. THE APPROACHES TO VALUE. 17. The Sales Comparison Approach. 18. The Cost Approach. 19. The Income Approach. VI. HIGHEST AND BEST USE. 20. Highest and Best Use Defined. 21. Four Tests of Highest and Best Use. VII. APPRAISAL PRINCIPLES. 22. The Economic Principles. 23. The Principles Applied. VIII. OVERVIEW OF REAL ESTATE MARKETS AND ANALYSIS. 24. Market Analysis. 25. Types of Market Analysis. IX. ETHICS AND HOW THEY APPLY IN REAL ESTATE APPRAISAL. Section Review Answer Key. Index.
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