Please help me with my study sheet: Which of the following terms refers to the stages that a neighborhood goes through over time? A.a. Growth cycle B.b. Revitalization D.d. Redevelopment Answer Key: C Question 2 of 50 2.0/ 2.0 Points The value principle that states that two adjacent parcels of land combined into one larger parcel could have a greater value than the two parcels valued separately is called A.a. regression. B.b. anticipation. D.d. progression. Answer Key: C Question 3 of 50 0.0/ 2.0 Points The period in which property values are generally at their highest is A.a. growth. C.c. decline. D.d. equilibrium. Question 4 of 50 0.0/ 2.0 Points The term site refers to A.a. a legal description of a plot of land. B.b. land that has been improved. C.c. raw land with no improvements. D.d. land within a certain set of boundaries. Question 5 of 50 2.0/ 2.0 Points The effects of ordinary wear and tear are considered A.a. physical deterioration. B.b. functional obsolescence. C.c. external obsolescence. D.d. accelerated depreciation. Question 6 of 50 2.0/ 2.0 Points Functional obsolescence could be caused by which of the following? A.a. A worn-out roof B.b. A poor location C.c. Deferred maintenance D.d. A ceiling that is too high Question 7 of 50 2.0/ 2.0 Points A house with four bedrooms and one bathroom is an example of A.a. physical deterioration. B.b. functional obsolescence. C.c. external obsolescence. D.d. incurable physical deterioration. Question 8 of 50 2.0/ 2.0 Points An expressway is built near a residential neighborhood resulting in very high traffic noise. This is an example of A.a. physical deterioration. B.b. functional obsolescence. C.c. external obsolescence. D.d. None of the above Question 9 of 50 2.0/ 2.0 Points The usual pattern of growth, equilibrium and decline may be amplified by A.a. changes in nearby land use. B.b. availability of newer property nearby. C.c. general economic downturn. D.d. All of the above Question 10 of 50 2.0/ 2.0 Points Which of the following factors would not be important in comparing properties under the sales comparison approach to value? A.a. Size of lot B.b. Number of rooms C.c. Interior decor D.d. Type of construction Question 11 of 50 2.0/ 2.0 Points Which of the following would not be likely to prevent an arm's-length transaction? A.a. Parent sells the family home to one of the children B.b. Corporation buys its transferred employee's house C.c. Pending foreclosure necessitates a sale D.d. Owner planning to move up to ...