Roger Murdock
Junior Member
- Joined
- Apr 19, 2005
- Professional Status
- Certified General Appraiser
- State
- New Jersey
On a recent appraisal review we got a comment that the "Income Approach" is now known as the "Income Capitalization Approach". Has anybody heard of this? If so, what is this new rule based on? I find it hard to imagine that there is in fact any such requirement.