Abigail Ziegler entered into a Purchase Agreement with Gekko Ltd. to buy Gordon Tower in Washington, D.C.. The Tower was built in 2007 by Seaborn Bailey Construction Services using state of the art materials and technology. An issue of concern is that the Tower was built adjacent to a former chemical processing plant. As part of its  _____________________, Ziegler had her engineers investigate the soil quality under and around the Tower.

You are appraising the fee simple estate of the subject.  You discover the sale of a leased fee estate of a comparable property.  The contract rent for the comparable sale is $15,000 per year below market rental rates.  There are seven more years remaining on the lease.  Given a discount rate of 9%, what is the adjustment to the comparable sale for property rights conveyed?

Which of the following is the owner/developer’s job?

In a market value appraisal assignment, the appraiser found that prices were increasing at about 3% per year compounded annually. The appraiser found several comparable sales but they were not very recent transactions. She decided to make an adjustment to compensate for price increases in this market. What type of adjustment is this?

Of the following, the LEAST important consideration in a market study for a hotel is likely to be:

Class: Real Estate Market and Transaction Analysis   The northeast corner of SW 13th Street and SW 16th Avenue (the southeast corner of the Shands hospital complex at UF) has room for an emergency medical treatment facility – often called a “Doc-in-a-box.”  Outline how you would go about constructing and reporting a market analysis for the potential of such a facility at that site.

Which of the following is NOT a valid bid selection method?

In refining one’s focus on the market for a particular prospective use at a particular site, which of these questions is the LEAST useful to ask?

The best description of a promissory note is:

 A patient is admitted with an abrupt onset of jaundice, nausea and vomiting, hepatomegaly, and abnormal liver function studies. Serologic testing is negative for viral causes of hepatitis. Which question by the nurse is most appropriate?