[{"data":1,"prerenderedAt":71},["ShallowReactive",2],{"q-house-114-1-appraisal-023":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-114-1-不動產估價概要-023","house-114-1-appraisal-023",114,1,23,"依不動產估價技術規則第 32 條之規定，若期末處分價值已知，以折現現金流量分析法計入該價值時，應採取那一種資本化率？",{"A":17,"B":18,"C":19,"D":20},"直接資本化率","綜合資本化率","折現率","利率","C",null,"本題考點：《不動產估價技術規則》第 32 條折現現金流量分析法之計算公式——期末價值應以折現率折現。\n【正解理由】依《不動產估價技術規則》第 32 條之公式，收益價格為各期淨收益（CFk）以折現率（Y）逐期折現之總和，加上期末價值（Pn′）同樣以折現率（Y）折現之現值；公式符號說明明載 Y 為「折現率」。又同規則第 31 條規定，折現現金流量分析法，指勘估標的未來折現現金流量分析期間之各期淨收益及期末價值，以適當折現率折現後加總推算勘估標的價格之方法，兩條相互印證，期末處分價值已知而計入時採取的是折現率，故選 C。\n【逐項排除】\n(A) 直接資本化率：用於《不動產估價技術規則》第 29 條、第 30 條之直接資本化法，以未來平均一年期間之客觀淨收益除以收益資本化率推算價格，非折現現金流量分析法處理期末價值之工具。\n(B) 綜合資本化率：《不動產估價技術規則》第 46 條之房地綜合收益資本化率，為土地與建物收益資本化率之加權，與期末價值之折現無關。\n(C) 折現率：即公式中之 Y，各期淨收益與期末價值均以其折現，為正確答案。\n(D) 利率：僅為決定折現率時之參考因素之一，如《不動產估價技術規則》第 43 條風險溢酬法所考慮之銀行定期存款利率、政府公債利率，本身並非公式之折現參數。\n【記憶點】DCF 全程只用一把尺——各期淨收益與期末價值都用折現率 Y 折現。",true,[26,30,34,38,42,46],{"webId":27,"stem":28,"number":29,"year":12,"session":13},"house-114-1-appraisal-022","依不動產估價技術規則第 130 條之規定，不動產租金估計以估計勘估標的之何種租金為原則？",22,{"webId":31,"stem":32,"number":33,"year":12,"session":13},"house-114-1-appraisal-024","於不動產租金估計中有所謂的經濟租金與支付租金，兩者的大小關係為何？",24,{"webId":35,"stem":36,"number":37,"year":12,"session":13},"house-114-1-appraisal-021","以直接資本化法對同一不動產之土地、建物及不動產分別評估其價值，則三者之收益資本化率數值何者最高？",21,{"webId":39,"stem":40,"number":41,"year":12,"session":13},"house-114-1-appraisal-025","估價事務所接受委託展開估價作業前應先確定估價基本事項，於下列各項中應包含那些項目？ ①確定勘估標的內容 ②確定勘查日期 ③確定價格種類 ④確定估價目的 ⑤確定估價條件",25,{"webId":43,"stem":44,"number":45,"year":12,"session":13},"house-114-1-appraisal-020","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？",20,{"webId":47,"stem":48,"number":13,"year":49,"session":13},"house-105-1-appraisal-001","依不動產估價技術規則之規定，公共設施用地及公共設施保留地之估價，以何種方法為原則？",105,[51,55,59,63,67],{"webId":52,"year":53,"stem":54,"number":14},"house-113-1-appraisal-023",113,"依據不動產估價技術規則規定試算價格的價格決定，那一項不適用？",{"webId":56,"year":57,"stem":58,"number":14},"house-112-1-appraisal-023",112,"比較法估價試算價格之調整運算過程中，區域因素調整、個別因素調整或區域因素及個別因素內之任一單獨項目之價格調整率大於（甲），或情況、價格日期、區域因素及個別因素調整總調整率大於（乙）時，判定該比較標的與勘估標的差異過大，應排除該比較標的之適用。請問（甲）與（乙）各為多少？",{"webId":60,"year":61,"stem":62,"number":14},"house-111-1-appraisal-023",111,"某甲有一棟 5 層透天住宅，其中第一層到第四層為合法建築物，頂樓層為違章建築物，某甲委託估價人員進行房地估價，並要求估價人員對所有樓層進行估價，估價人員應如何估價較為恰當？",{"webId":64,"year":65,"stem":66,"number":14},"house-110-1-appraisal-023",110,"續訂租約之租金估計方法中，差額分配法係指下列何種差額？",{"webId":68,"year":69,"stem":70,"number":14},"house-109-1-appraisal-023",109,"依據不動產估價技術規則，有關成本法建築工期係指自申請建造執照開始至那個時間點為止無間斷所需之時間？",1786689128924]