Which of the following is NOT a cost manual used in property assessment?

Prepare for the New York City Assessor Exam. Study with multiple choice questions and in-depth explanations on each topic. Ace your exam with confidence!

The correct choice indicates that Freeman's is not recognized as a cost manual used in property assessment. Cost manuals are essential tools in property appraisal as they provide standardized data on construction costs, enabling appraisers to estimate the value of properties accurately based on various factors such as materials, labor, and market conditions.

Marshall Swift, Boeck's, and Kent's are well-established cost manuals widely used in the field of property assessment. They contain comprehensive tables and guidelines that assist assessors in determining replacement costs for various property types, thus facilitating more accurate valuations. These manuals are critical for ensuring consistency and objectivity in property assessments.

Freeman's, while it might sound like a plausible name for a cost manual, does not fit into the established framework alongside the other three options. This distinction indicates that it lacks the recognition and application found in professional property assessment practices. Understanding the role of established cost manuals is crucial for those involved in property assessment, as using these resources can significantly impact the accuracy of property valuations.

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