1. Value corresponding to the remaining useful life of the machinery

2. This is the term used to denote the actual age of a building

3. In order to give consent to a contract of sale of a condo unit, the person purchasing must have the capacity to give consent at the age of

4. RPTA Information kit for the use of LGU officials, assessors and treasures in the PRTA Project

5. What does CLUP stand for?

6. Period of time over which the property may reasonably be expected to perform the function for which it was designed or intended

7. What does ECA stand for?

8. What term applies to the rent specified in a lease?

9. These are unrepresentative sales, except

10. Described as the just and complete equivalent of the loss which the owner of the thing expropriated has to suffer by reason of the expropriation

11. The specific use of a parcel land that gives that land the greatest residual of income is referred to as the land’s __.

12. A study undertaken for the purposes of development and investment, the evaluation of investment performance, or the analyis of a transaction involving investment properties

13. A tax map is also referred to as __.

14. The measure of the difference between the discounted revenues or inflows, and the costs, or outflows, in a discounted cash flow analysis

15. A principle which states that the best use of the land is the most probable use which will most likely produce the greatest net return to the land over a given period of time

16. Which of the following are political forces influencing value?

17. The term lenders often use to refer to the relative amount of money they will lend on a specific parcel of property is known as __.

18. Land specifically devoted to various trees and plants

19. LEED means __

20. It serves as a basis for a more accurate collection of real property tax and establishes the important link between assessment and tax collection operations