[{"data":1,"prerenderedAt":71},["ShallowReactive",2],{"q-house-107-1-appraisal-020":3},{"subject":4,"subjectSlug":5,"subjectKicker":6,"subjectShort":7,"subjectMcqNote":8,"question":9,"related":25,"sameNumber":50,"hasEssay":24},"不動產估價概要","appraisal","不動產估價 · Appraisal","不動產估價","105–106 年 40 題(每題 1.25 分)、107 年起 25 題(每題 2 分)",{"id":10,"webId":11,"year":12,"session":13,"subject":4,"number":14,"stem":15,"options":16,"answer":21,"answerNote":22,"lawYear":12,"explanation":23,"freq":13,"indexable":24},"house-107-1-不動產估價概要-020","house-107-1-appraisal-020",107,1,20,"下列關於收益資本化率之敘述，何者錯誤？",{"A":17,"B":18,"C":19,"D":20},"增值性較高的不動產，其收益資本化率較高","流通性高的不動產，其收益資本化率較低","風險性較高的不動產，其收益資本化率較高","管理度較難的不動產，其收益資本化率較高","A",null,"本題考點：收益資本化率與不動產之流通性、風險性、增值性及管理難易程度之間的方向關係。\n【正解理由】《不動產估價技術規則》第 43 條第一款風險溢酬法規定，收益資本化率或折現率應選擇最具一般性財貨之投資報酬率為基準，比較觀察該投資財貨與勘估標的個別特性之差異，並就流通性、風險性、增值性及管理上之難易程度等因素加以比較決定之。增值性較高的不動產，報酬有相當部分來自未來的價值成長，投資人對當期淨收益的要求相對降低，收益資本化率因而較低；選項 A 寫成較高，方向相反，故選 A。\n【逐項排除】\n(A) 增值性較高者，收益資本化率應較低，本項卻寫成較高，是四個選項中唯一與《不動產估價技術規則》第 43 條第一款所列比較因素方向不符者，為應選項。\n(B) 流通性高代表變現容易，投資人所要求的報酬率隨之降低，收益資本化率較低，敘述正確。\n(C) 風險性較高者須以較高的報酬加以補償，收益資本化率較高，敘述正確。\n(D) 管理上難易程度較難者，持有負擔與不確定性較大，收益資本化率隨之提高，敘述正確。\n【記憶點】流通好、會增值的往下壓；風險大、難管理的往上加。",true,[26,30,34,38,42,46],{"webId":27,"stem":28,"number":29,"year":12,"session":13},"house-107-1-appraisal-019","依不動產估價技術規則之規定，下列收益法之估價步驟中，何種排列次序較為正確？①計算淨收益 ②推算總費用 ③決定收益資本化率或折現率 ④推算有效總收入 ⑤蒐集總收入、總費用及收益資本化率或折現率等資料 ⑥計算收益價格",19,{"webId":31,"stem":32,"number":33,"year":12,"session":13},"house-107-1-appraisal-021","選擇數個與勘估標的相同或相似之比較標的，以其淨收益除以價格後，以所得之商數加以比較決定收益資本化率之方法為：",21,{"webId":35,"stem":36,"number":37,"year":12,"session":13},"house-107-1-appraisal-018","王先生手中取得一份不動產估價報告書，比較法推估過程中三個比較案例的價格依序為新臺幣 63 萬元\u002F坪、64.5 萬元\u002F坪、68.5 萬元\u002F坪，所推估之試算價格依序分別為新臺幣 45 萬元\u002F坪、50 萬元\u002F坪、57.5 萬元\u002F坪，下列敘述何者正確？",18,{"webId":39,"stem":40,"number":41,"year":12,"session":13},"house-107-1-appraisal-022","附著於土地之工事及水利土壤之改良，以何種方法估價為原則？",22,{"webId":43,"stem":44,"number":45,"year":12,"session":13},"house-107-1-appraisal-017","下列有關比較法的敘述，何者錯誤？",17,{"webId":47,"stem":48,"number":49,"year":12,"session":13},"house-107-1-appraisal-023","同棟多層樓之不動產估價，估價師通常以某一層為比準層，再依樓層別效用比推估其他樓層之價格，若以最低價之樓層為比準層，其他各樓層之效用比為何？",23,[51,55,59,63,67],{"webId":52,"year":53,"stem":54,"number":14},"house-114-1-appraisal-020",114,"不動產相對一般性財貨具低流通、高風險、高增值及管理較難等特性；於採風險溢酬法決定收益資本化率時，上述特性中何者與收益資本化率高低呈反向變動？",{"webId":56,"year":57,"stem":58,"number":14},"house-113-1-appraisal-020",113,"某公寓因為隔壁基地正在興建危老建案造成外牆龜裂現象，此現象屬於那一種折舊類型？",{"webId":60,"year":61,"stem":62,"number":14},"house-112-1-appraisal-020",112,"下列何者不屬於土地建築開發之間接成本項目？",{"webId":64,"year":65,"stem":66,"number":14},"house-111-1-appraisal-020",111,"某高鐵站周圍地區的新建住宅大樓平均成交價格，由三年前每坪 35 萬元上漲到現今每坪接近 50 萬元，此現象可以不動產估價中那一原則加以解釋？",{"webId":68,"year":69,"stem":70,"number":14},"house-110-1-appraisal-020",110,"某房地之淨收益 100 萬元\u002F年，其中建物淨收益 60 萬元\u002F年。假設土地、建物之收益資本化率分別為 2%、4%，請問土地收益價格為？",1786689130463]