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Temka [501]
3 years ago
15

The gross rent multiplier is used as a guideline for estimating value based on ___.

Business
1 answer:
dusya [7]3 years ago
6 0

Answer:

The correct answer is letter "D": the relationship of the sales price of the gross monthly income.

Explanation:

The Gross Rent Multiplier (GRM) is a calculation which result gives an idea of the value of a rental property. It is the relationship between the price of a real estate investment and its annual (sometimes calculated monthly) rent before computing expenses such as <em>taxes, insurance, </em>and <em>utilities</em>.

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The level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assurance regarding the accuracy of the information would be low only.

In the given scenario we are given that there is no way to reassure ourselves that the information is accurate about the lemons in the existing market.

So we can not be a hundred percent sure that the information regarding the lemons existing in the market is correct.

As a result, if there was no method to verify the authenticity of the information, only low-quality information would eventually be available in the market for lemons.

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