When using the Comparison Method of Valuation to estimate the current market rent of a house, which of the following is not a value-sensitive variable that does not require adjustment to be made to the rental values of the comparables? (a) Location (b) Date of letting (c) Building condition (d) Land tenure

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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When using the Comparison Method of
Valuation to estimate the current market rent
of a house, which of the following is not a
value-sensitive variable that does not require
adjustment to be made to the rental values of
the comparables?
(a) Location (b) Date of letting (c) Building
condition (d) Land tenure
Transcribed Image Text:When using the Comparison Method of Valuation to estimate the current market rent of a house, which of the following is not a value-sensitive variable that does not require adjustment to be made to the rental values of the comparables? (a) Location (b) Date of letting (c) Building condition (d) Land tenure
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