INCOME APPROACH
income approach.A method of appraising real property based on capitalization of the income that the property is expected to generate. Cf. MARKET APPROACH; COST APPROACH .
[Cases: Taxation 348(5).]
[Blacks Law 8th]
income approach.A method of appraising real property based on capitalization of the income that the property is expected to generate. Cf. MARKET APPROACH; COST APPROACH .
[Cases: Taxation 348(5).]
[Blacks Law 8th]