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 that 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

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

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

  • INCOME APPROACH TO VALUE - INTRODUCTION The Income Approach is based on the anticipation of future income and benefits, and uses the process of capitalization to translate an income stream into a present capital value indication.

  • INCOME APPROACH Most analysts believe that the question of whether the income approach produces a mi- nority or control value depends for the most part on whether the income or cash flows to be discounted or capitalized represent a minority basis (generally, business as usual) or are adjusted to reflect whatever policies a control owner could implement.

  • While some TDs do report their concerns, others appear, for whatever reason, unwilling to name or criticise their peers thus allowing potentially corrupt individuals to continue their activities unimpeded.

  • Highest and Best Use GENERAL APRAISER INCOME APPROACH (60 HOURS) A.

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

  • INCOME APPROACH Methodology of Income ApproachIncome approach to value is based on the assumption that the property's value directly depends on the present value of future net income streams that the property is capable of generating.

  • INCOME APPROACH: Determining value based on capitalization of the income stream.


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 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 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 means an approach that provides an indication of value by converting future cash flows to a single current capital value.
Income Approach means method of doing valuation of a parcel using the income generated by that type of parcel;

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 acceptable to the Bank, adopted by the Borrower, through UCPyPFE-UEP, and/or the pertinent Participating Province when applicable as set forth in the Operational Manual, all prepared and to be 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.

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

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

  • Major life activities means functions such as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning and working.

  • Annual Business Plan means the development plan and budget report for Party B’s Business in the next calendar year which is prepared by Party B with the assistance of Party A pursuant to this Agreement before November 30 of each year.

  • 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.

  • 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 -

  • 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.

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • MINORITY BUSINESS ENTERPRISE (MBE means an individual, partnership, corporation or joint venture of any kind that is owned and controlled by U. S. Citizens and residents of Ohio, who are and have held themselves out as members of the following socially and economically disadvantaged groups: Blacks, American Indians, Hispanics and Asians. Only businesses certified by the State of Ohio Equal Opportunity Division in accordance with Section 123.151 of the Ohio Revised Code shall be recognized as being MBE certified within the purpose of this invitation.

  • Pension Scheme means a contract, an agreement, a trust deed or rules stipulating which retirement benefits are granted and under which conditions;