RATE ANALYSIS - Practice Mode

1) What is the process of determining the fair price or value of a property?
Correct Answer: Valuation
2) What is the value of dismantled material?
Correct Answer: Scrap
3) What is the amount a property can fetch from open market?
Correct Answer: Market value
4) What is the annual periodic payment for repayment of the capital amount invested by a party?
Correct Answer: Annuity
5) Which cement concrete proportion is used for damp proofing first class building?
Correct Answer: 01:05.5