First Sentence:
1. When the real estate appraiser is concerned with the "present worth of future potential benefits" in appraisal, he is concerned with a. market data.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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real property sales contract, gross rent multiplier rule, property transfer disclosure statement, selling price rule, junior trust deed, structural pest control report, community real property, final public report, plottage increment, community apartment project, first trust deed, clearance receipt, new trust deed, standard title insurance policy, exclusive authorization, income taxation purposes, market data approach, reconveyance deed, refrain order, real estate licensee, panic peddling, residential income property, percent capitalization rate, mutual water company, grant deed
Key Phrases - Capitalized Phrases (CAPs):
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Real Estate Commissioner, Civil Rights Act, Truth-in-Lending Act, Department of Real Estate, State Board of Equalization, Secretary of State, California Real Estate Exam Guide, Federal Reserve System, Subdivided Lands Act, Fannie Mae, Rumford Act, United States, State of California, California Land Title Association, Susan Johnson, Department of Corporations, Department of Veterans Affairs, Federal Housing Administration, Internal Revenue Service, Unruh Act, Attorney General, Federal Trade Commission, Franchise Tax Board, Uniform Settlement Statement, Los Angeles County
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