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Florida Real Estate Course
Chapter 18
Florida Real Estate Practice Question
"Appreciation" is best defined as:
Answer choices
A
The total amount of spendable income generated from an investment.
B
The increase in property value over a period of time due to economic causes.
C
The property’s value minus debt.
D
The initial cost of the property.
Next question
Real Estate Investments: Cash Flow, Risk and Business Value
All chapter guides
Why does the income approach use net operating income instead of total rent?
Why can two properties with the same gross rent have different values?