Free Real Estate Licensing Practice Test Questions

Question # 39

Which of the following statements best describes “comparative market analysis” (CMA)?

Options:

An informal assessment of property value using recently sold, similar properties

A formal appraisal by a licensed appraiser

A calculation of replacement cost minus depreciation

A method to determine property taxes

Viewing question 39 out of 72 questions

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Real Estate Licensing Overview

Name	Real Estate Licensing
Code	Real Estate Licensing
Vendor	Professional
Certification	State Licensing Boards

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