Please check the attachment and find answers through Chapter 20-25 in the textbook. Please answer in your own words.
Define arms-length transaction and why is it important?
You find a sale that is otherwise a market/arms-length sale, financing terms are 20% down the balance financed interest free over 10 years. How should this be adjusted relative to other market sales?
Expenditures made right after purchase (cost to cure)-how do these fit into sales price?
Income capitalization is based on the principal of anticipation-explain
Direct Capitalization = NOI/cap define these terms
Return OF capital vs. Return ON capital