Question 1
A valuer is asked to value a standard suburban house with many recent sales of comparable houses nearby. Which method of valuation is most appropriate?
Correct Answer:
Comparison (sales comparison) method
Question 2
An office building is let at a market rent of LKR 1,200,000 per annum on a secure full repairing and insuring lease in perpetuity. If the appropriate all-risks yield is 8%, what is the capital value using the investment method?
Correct Answer:
LKR 15,000,000
Question 3
What does the Years' Purchase (YP) in perpetuity for a freehold income equal?
Correct Answer:
One divided by the yield expressed as a decimal
Question 4
A valuer must value a public school building of specialised design for which there are no rental or sale comparables. Which method is most appropriate?
Correct Answer:
Contractor's (depreciated replacement cost) method
Question 5
Which property type is most appropriately valued using the profits (accounts) method?
Correct Answer:
A hotel whose value depends on its trading performance
Question 1
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About this Exam

Prepare with the IVSL Valuer Exam Practice Questions - Institute of Valuers of Sri Lanka (IVSL) Professional Valuer Examination Exam practice quiz. This question bank includes 100 questions covering value, valuation, land, valuer, and property. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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IVSL Valuer Exam Practice Questions - Institute of Valuers of Sri Lanka (IVSL) Professional Valuer Examination Exam

This practice set contains 100 questions from the matching question bank and focuses on value, valuation, land, valuer, and property. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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