Question 24 - Property Valuation and Appraisal Practice Test for the Real Estate License Exam

Which appraisal approach would an insurance underwriter be most likely to use?

none of these
the income approach
the cost approach
the sales comparison approach

Hint

Look for words like most nearly, most likely, usually, and probably in questions. They indicate that you should look for the best answer, not necessarily the only possible one.

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