Income Approach definition

Income Approach. This valuation approach recognizes that the value of the operating tangible and intangible assets can be represented by the expected economic viability of the business giving returns on and of the assets.
Income Approach shall have the meaning set forth in Section 6.5.
Income Approach means an approach to valuing real estate which requires an appraiser to: (1) Analyze comparable rental data as are available to estimate the market rental of the property; (2) analyze comparable operating expense data as are available to estimate the operating expenses of the property; (3) analyze comparable data as are available to estimate rates of capitalization or rates of discount; and (4) base projections of future rent and expenses on reasonably clear and appropriate evidence.

Examples of Income Approach in a sentence

  • INCOME APPROACH The measure of value in this approach is capitalization of the net income, which the subject property will produce during the remaining economic life of the improvements.

  • THE DATA WILL CONSIST OF GENERAL SUPPORTING DATA REFERRING TO THE DATA REQUIRED TO DEVELOP THE ELEMENTS ESSENTIAL TO THE VALUATION PROCESS, NEIGHBORHOOD DATA REFERRING TO INFORMATION REGARDING PREDELINEATED NEIGHBORHOOD UNITS, AND SPECIFIC PROPERTY DATA REFERRING TO THE DATA COMPILED FOR EACH PARCEL OF PROPERTY TO PROCESS INTO AN INDICATION OF VALUE BY THE COST, MARKET AND/OR INCOME APPROACH.

  • INCOME APPROACH As noted in the Findings of Fact, each party developed an income approach to value.

  • Comparison of relative permeability-saturation-pressure parametric models for infiltration and redistribution of a light nonaqueous phase liquid in sandy porous media.

  • INCOME APPROACH FOR CROSS-CHECKING 16.1 Major Assumptions Equity value is an economic measure reflecting the value to the equity holder.

  • The project also received unreserved encouragement from Bill Maloney at the World Bank, as part of the NAFTA Evaluation Project.The economics of innovation and technological change have been studied mainly for developed countries.

  • The Board will attempt to determine the value of the property rather than merely the actual costs.• INCOME APPROACH TO VALUE.

  • INCOME APPROACH Mr. Bur’s income approach is based on a direct capitalization methodology.

  • INCOME APPROACH FOR CROSS-CHECKING 14.1 Major Assumptions Equity value is an economic measure reflecting the value to the equity holder.

  • Once that has been accomplished you may continue below:USING THE INCOME APPROACH SPREADSHEETINITIAL STEPScroll to the top left of the spreadsheet.


More Definitions of Income Approach

Income Approach means the appraisal process of discounting an estimate of future benefits into an expression of present worth.
Income Approach means the value of a taxpayer's building(s) is/are developed by using income and expense information obtained from commercial businesses across the state.
Income Approach shall have the meaning set forth in Section forth in 1.1.39 Section 9.6. “INSURANCE REASSESSMENT DATE” shall have the meaning set 1.1.40 “LATE FEE” shall have the meaning set forth in Section 4.5. 1.1.41 “LEASE” shall mean this Lease Agreement. 1.1.42 “LEASE YEAR” shall have the meaning set forth in Section 2.1. 1.1.43 “LESSEE” shall have the meaning set forth in the first paragraph of this Lease. Lease.
Income Approach means method of doing valuation of a parcel using the income generated by that type of parcel;
Income Approach means an approach that provides an indication of value by converting future cash flows to a single current capital value.

Related to Income Approach

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Age appropriate means of the right size, child sized, or adapted so that a child can use safely, and suitable to the chronological age range and developmental characteristics of a specific age group of children or child. This means the materials/equipment should interest and challenge children in terms of their age and abilities. Any materials/equipment with a specified age range by the manufacturer must be followed when being used by children.

  • Indigenous Peoples Planning Framework or “IPPF” means the indigenous peoples planning framework for the Investment Program, including any update thereto, agreed between the Borrower and ADB and incorporated by reference in the FFA;

  • Indigenous Peoples Plan or “IPP” means any of the plans prepared and carried out following the requirements of the Indigenous Peoples Planning Framework.

  • Indicators of student progress and growth means the results of assessment(s) of students as defined in N.J.A.C. 6A:8, Standards and Assessment.

  • Budget unit means the unit for which the ANB of a district is calculated separately pursuant to 20-9-311.

  • Plan for moderate income housing means a written document adopted by

  • Historically disadvantaged individuals (HDIs means all South African citizens –

  • Annual Business Plan means the business plan for the next calendar year made by Party A in accordance with this agreement prior to November 30 every year with the assistant of Party B.

  • Best available control technology (BACT means an emissions limitation (including a visible emission standard) based on the maximum degree of reduction for each pollutant subject to regulation under CAA which would be emitted from any proposed major stationary source or major modification which the Department, on a case-by-case basis, takes into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combustion techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 7 DE Admin. Code 1120 and 1121. If the Department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard, or combination thereof, may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation, and shall provide for compliance by means which achieve equivalent results.

  • Cannabis establishment means a cannabis cultivator, a cannabis manufacturer, a cannabis wholesaler, or a cannabis retailer.

  • Moderate income housing means housing occupied or reserved for occupancy by households with a gross household income equal to or less than 80% of the median gross income for households of the same size in the county in which the city is located.

  • Food service establishment means a fixed or mobile restaurant, coffee shop, cafeteria, short order cafe, luncheonette, grill, tearoom, sandwich shop, soda fountain, tavern, bar, cocktail lounge, nightclub, drive-in, industrial feeding establishment, private organization serving the public, rental hall, catering kitchen, delicatessen, theater, commissary, food concession, or similar place in which food or drink is prepared for direct consumption through service on the premises or elsewhere, and any other eating or drinking establishment or operation where food is served or provided for the public. Food service establishment does not include any of the following:

  • Business Unit means the assets constituting the business or a division or operating unit thereof of any Person.

  • State average current expense appropriations per student means the most

  • Historically Disadvantaged Individual (HDI) - means a South African citizen:

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • Company’s workforce means the persons (and the dependants of those persons) engaged whether as employees, agents or contractors in the construction and operation of the facilities to be established pursuant to approved proposals;

  • Historically Disadvantaged Individual (HDI) means a South African citizen -

  • Best available control technology or “BACT” means an emissions limitation, including a visible emissions standard, based on the maximum degree of reduction for each regulated NSR pollutant which would be emitted from any proposed major stationary source or major modification which the reviewing authority, on a case-by-case basis, taking into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combination techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 567—subrules 23.1(2) through 23.1(5) (standards for new stationary sources, federal standards for hazardous air pollutants, and federal emissions guidelines), or federal regulations as set forth in 40 CFR Parts 60, 61 and 63 but not yet adopted by the state. If the department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard or combination thereof may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation and shall provide for compliance by means which achieve equivalent results.

  • Temporary food service establishment means a food service establishment that operates at a fixed location for a period of time of not more than 14 consecutive days in conjunction with a single event or celebration.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • minibus means any motor vehicle having a seating capacity of not less than seven nor more than

  • Disadvantaged Business Enterprise (DBE) means a firm certified as such by the Department in accordance with 49 CFR Part 26.

  • Date of establishment means July 1, 1962.