SACPVP Professional Valuer Practice Questions - SACPVP Professional Valuer Board Examination Exam

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A landlord receives net contract rent of R80,000 per annum for the remaining 8-year lease term. Ignoring the reversion, what is the present value of that term income at 11% using YP Single Rate?

R411,690 R640,000 R472,300 R382,100

Correct Answer:

R411,690

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