68) When performing a rent survey in an overbuilt market, the appraiser is told that rent levels have not gone down at a particular apartment. What should the appraiser look for to challenge this assertion? A) Free rent or fee waivers B) New carpeting and interior paint C) Lobby remodel and exterior painting D) Lease to buy options
68) When performing a rent survey in an overbuilt market, the appraiser is told that rent levels have not gone down at a particular apartment. What should the appraiser look for to challenge this assertion? A) Free rent or fee waivers B) New carpeting and interior paint C) Lobby remodel and exterior painting D) Lease to buy options
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:68) When performing a rent survey in an overbuilt market, the appraiser is told
that rent levels have not gone down at a particular apartment. What should the
appraiser look for to challenge this assertion?
A) Free rent or fee waivers
B) New carpeting and interior paint
C) Lobby remodel and exterior painting
D) Lease to buy options
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