400 Level Estate Management And Valuation Department exam questions and detailed answers. Download the answers in document format. Correct, detailed, and straightforward answers.
Questions:
- Value and determine rate payable on a factory measuring 1582.14m². The unit cost per square metre is N15,000 at present. Depreciation rate is 45%. The enabling edict stipulates 5% of the cost as gross value and a statutory deduction of 25% from the gross value. The applicable rate nairage is 5k.
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