Income approach definition
Income approach. This valuation approach recognizes that the value of the operating tangible and intangible assets can be represented by the expected economic viability of the business giving returns on and of the assets.
Income approach shall have the meaning set forth in Section 6.5.
Income approach means an approach to valuing real estate that requires an appraiser to: (1) Analyze comparable rental data as are available to estimate the market rental of the property; (2) analyze comparable operating expense data as are available to estimate the operating expenses of the property; (3) analyze comparable data as are available to estimate rates of capitalization or rates of discount; and (4) base projections of future rent and expenses on reasonably clear and appropriate evidence.
Examples of Income approach in a sentence
Property tax payments for the remaining term of the Agreement are re-calculated each year based on this Capitalization of Income approach.
The Income approach & Cost Approach were not developed as the subject site is a vacant 27.76 acre site mol.
More Definitions of Income approach
Income approach means the appraisal process of discounting an estimate of future income into an expression of present worth.
Income approach means the value of a taxpayer's building(s) is/are developed by using income and expense information obtained from commercial businesses across the state.
Income approach means an approach that provides an indication of value by converting future cash flows to a single current capital value.
Income approach means an approach to valuing real estate that requires an appraiser to: (1) Analyze comparable rental data as are available to estimate the market rental of the property;
Income approach means method of doing valuation of a parcel using the income generated by that type of parcel;
Income approach means an approach to valuing real estate which requires an appraiser to: (1) Analyze comparable
Income approach shall have the meaning set forth in Section forth in 1.1.39 Section 9.6. “INSURANCE REASSESSMENT DATE” shall have the meaning set 1.1.40 “LATE FEE” shall have the meaning set forth in Section 4.5. 1.1.41 “LEASE” shall mean this Lease Agreement. 1.1.42 “LEASE YEAR” shall have the meaning set forth in Section 2.1. 1.1.43 “LESSEE” shall have the meaning set forth in the first paragraph of this Lease. Lease.