id	sid	tid	token	lemma	pos
easat-6581	1	1	edelweiss	edelweiss	PROPN
easat-6581	1	2	applied	apply	VERB
easat-6581	1	3	science	science	NOUN
easat-6581	1	4	and	and	CCONJ
easat-6581	1	5	technology	technology	NOUN
easat-6581	1	6	issn	issn	PROPN
easat-6581	1	7	:	:	PUNCT
easat-6581	1	8	2576	2576	NUM
easat-6581	1	9	-	-	SYM
easat-6581	1	10	8484	8484	NUM
easat-6581	1	11	vol	vol	NOUN
easat-6581	1	12	.	.	PROPN
easat-6581	2	1	9	9	NUM
easat-6581	2	2	,	,	PUNCT
easat-6581	2	3	no	no	INTJ
easat-6581	2	4	.	.	NOUN
easat-6581	2	5	4	4	NUM
easat-6581	2	6	,	,	PUNCT
easat-6581	2	7	2424	2424	NUM
easat-6581	2	8	-	-	SYM
easat-6581	2	9	2431	2431	NUM
easat-6581	2	10	2025	2025	NUM
easat-6581	2	11	publisher	publisher	NOUN
easat-6581	2	12	:	:	PUNCT
easat-6581	2	13	learning	learn	VERB
easat-6581	2	14	gate	gate	NOUN
easat-6581	2	15	doi	doi	PROPN
easat-6581	2	16	:	:	PUNCT
easat-6581	2	17	10.55214/25768484.v9i4.6581	10.55214/25768484.v9i4.6581	NUM
easat-6581	2	18	©	©	PROPN
easat-6581	2	19	2025	2025	NUM
easat-6581	2	20	by	by	ADP
easat-6581	2	21	the	the	DET
easat-6581	2	22	author	author	NOUN
easat-6581	2	23	;	;	PUNCT
easat-6581	2	24	licensee	licensee	PROPN
easat-6581	2	25	learning	learning	NOUN
easat-6581	2	26	gate	gate	NOUN
easat-6581	3	1	©	©	PROPN
easat-6581	3	2	2025	2025	NUM
easat-6581	3	3	by	by	ADP
easat-6581	3	4	the	the	DET
easat-6581	3	5	author	author	NOUN
easat-6581	3	6	;	;	PUNCT
easat-6581	3	7	licensee	licensee	PROPN
easat-6581	3	8	learning	learning	NOUN
easat-6581	3	9	gate	gate	NOUN
easat-6581	3	10	history	history	NOUN
easat-6581	3	11	:	:	PUNCT
easat-6581	3	12	received	receive	VERB
easat-6581	3	13	:	:	PUNCT
easat-6581	3	14	14	14	NUM
easat-6581	3	15	february	february	NOUN
easat-6581	3	16	2025	2025	NUM
easat-6581	3	17	;	;	PUNCT
easat-6581	3	18	revised	revise	VERB
easat-6581	3	19	:	:	PUNCT
easat-6581	3	20	7	7	NUM
easat-6581	3	21	april	april	PROPN
easat-6581	3	22	2025	2025	NUM
easat-6581	3	23	;	;	PUNCT
easat-6581	3	24	accepted	accept	VERB
easat-6581	3	25	:	:	PUNCT
easat-6581	3	26	10	10	NUM
easat-6581	3	27	april	april	PROPN
easat-6581	3	28	2025	2025	NUM
easat-6581	3	29	;	;	PUNCT
easat-6581	3	30	published	publish	VERB
easat-6581	3	31	:	:	PUNCT
easat-6581	4	1	26	26	NUM
easat-6581	4	2	april	april	PROPN
easat-6581	4	3	2025	2025	NUM
easat-6581	4	4	*	*	PUNCT
easat-6581	4	5	correspondence	correspondence	NOUN
easat-6581	4	6	:	:	PUNCT
easat-6581	4	7	rocco.murro@uniroma1.it	rocco.murro@uniroma1.it	X
easat-6581	4	8	italian	italian	ADJ
easat-6581	4	9	and	and	CCONJ
easat-6581	4	10	international	international	ADJ
easat-6581	4	11	property	property	NOUN
easat-6581	4	12	valuation	valuation	NOUN
easat-6581	4	13	methods	method	NOUN
easat-6581	4	14	:	:	PUNCT
easat-6581	4	15	a	a	DET
easat-6581	4	16	critical	critical	ADJ
easat-6581	4	17	comparison	comparison	NOUN
easat-6581	4	18	rocco	rocco	NOUN
easat-6581	4	19	murro1	murro1	PROPN
easat-6581	4	20	*	*	PROPN
easat-6581	4	21	1sapienza	1sapienza	PROPN
easat-6581	4	22	university	university	PROPN
easat-6581	4	23	of	of	ADP
easat-6581	4	24	rome	rome	PROPN
easat-6581	4	25	,	,	PUNCT
easat-6581	4	26	italy	italy	PROPN
easat-6581	4	27	;	;	PUNCT
easat-6581	4	28	rocco.murro@uniroma1.it	rocco.murro@uniroma1.it	X
easat-6581	4	29	(	(	PUNCT
easat-6581	4	30	r.m	r.m	PROPN
easat-6581	4	31	.	.	PROPN
easat-6581	4	32	)	)	PUNCT
easat-6581	4	33	.	.	PUNCT
easat-6581	5	1	abstract	abstract	ADV
easat-6581	5	2	:	:	PUNCT
easat-6581	5	3	the	the	DET
easat-6581	5	4	article	article	NOUN
easat-6581	5	5	aims	aim	VERB
easat-6581	5	6	to	to	PART
easat-6581	5	7	outline	outline	VERB
easat-6581	5	8	the	the	DET
easat-6581	5	9	main	main	ADJ
easat-6581	5	10	features	feature	NOUN
easat-6581	5	11	of	of	ADP
easat-6581	5	12	the	the	DET
easat-6581	5	13	property	property	NOUN
easat-6581	5	14	valuation	valuation	NOUN
easat-6581	5	15	methodologies	methodology	NOUN
easat-6581	5	16	of	of	ADP
easat-6581	5	17	the	the	DET
easat-6581	5	18	italian	italian	ADJ
easat-6581	5	19	tradition	tradition	NOUN
easat-6581	5	20	and	and	CCONJ
easat-6581	5	21	to	to	PART
easat-6581	5	22	make	make	VERB
easat-6581	5	23	a	a	DET
easat-6581	5	24	critical	critical	ADJ
easat-6581	5	25	comparison	comparison	NOUN
easat-6581	5	26	with	with	ADP
easat-6581	5	27	international	international	ADJ
easat-6581	5	28	procedures	procedure	NOUN
easat-6581	5	29	in	in	ADP
easat-6581	5	30	order	order	NOUN
easat-6581	5	31	to	to	PART
easat-6581	5	32	indicate	indicate	VERB
easat-6581	5	33	a	a	DET
easat-6581	5	34	possible	possible	ADJ
easat-6581	5	35	path	path	NOUN
easat-6581	5	36	for	for	ADP
easat-6581	5	37	the	the	DET
easat-6581	5	38	implementation	implementation	NOUN
easat-6581	5	39	of	of	ADP
easat-6581	5	40	italian	italian	ADJ
easat-6581	5	41	property	property	NOUN
easat-6581	5	42	valuation	valuation	NOUN
easat-6581	5	43	standards	standard	NOUN
easat-6581	5	44	.	.	PUNCT
easat-6581	6	1	the	the	DET
easat-6581	6	2	study	study	NOUN
easat-6581	6	3	has	have	AUX
easat-6581	6	4	been	be	AUX
easat-6581	6	5	structured	structure	VERB
easat-6581	6	6	as	as	SCONJ
easat-6581	6	7	follows	follow	VERB
easat-6581	6	8	:	:	PUNCT
easat-6581	6	9	after	after	ADP
easat-6581	6	10	an	an	DET
easat-6581	6	11	introductory	introductory	ADJ
easat-6581	6	12	overview	overview	NOUN
easat-6581	6	13	in	in	ADP
easat-6581	6	14	which	which	PRON
easat-6581	6	15	the	the	DET
easat-6581	6	16	current	current	ADJ
easat-6581	6	17	needs	need	NOUN
easat-6581	6	18	and	and	CCONJ
easat-6581	6	19	challenges	challenge	NOUN
easat-6581	6	20	of	of	ADP
easat-6581	6	21	property	property	NOUN
easat-6581	6	22	valuation	valuation	NOUN
easat-6581	6	23	in	in	ADP
easat-6581	6	24	the	the	DET
easat-6581	6	25	international	international	ADJ
easat-6581	6	26	context	context	NOUN
easat-6581	6	27	have	have	AUX
easat-6581	6	28	been	be	AUX
easat-6581	6	29	outlined	outline	VERB
easat-6581	6	30	,	,	PUNCT
easat-6581	6	31	the	the	DET
easat-6581	6	32	characteristics	characteristic	NOUN
easat-6581	6	33	of	of	ADP
easat-6581	6	34	the	the	DET
easat-6581	6	35	italian	italian	ADJ
easat-6581	6	36	and	and	CCONJ
easat-6581	6	37	international	international	ADJ
easat-6581	6	38	valuation	valuation	NOUN
easat-6581	6	39	methodologies	methodology	NOUN
easat-6581	6	40	are	be	AUX
easat-6581	6	41	illustrated	illustrate	VERB
easat-6581	6	42	;	;	PUNCT
easat-6581	6	43	then	then	ADV
easat-6581	6	44	,	,	PUNCT
easat-6581	6	45	a	a	DET
easat-6581	6	46	critical	critical	ADJ
easat-6581	6	47	comparison	comparison	NOUN
easat-6581	6	48	has	have	AUX
easat-6581	6	49	been	be	AUX
easat-6581	6	50	proposed	propose	VERB
easat-6581	6	51	and	and	CCONJ
easat-6581	6	52	the	the	DET
easat-6581	6	53	main	main	ADJ
easat-6581	6	54	results	result	NOUN
easat-6581	6	55	of	of	ADP
easat-6581	6	56	this	this	DET
easat-6581	6	57	comparison	comparison	NOUN
easat-6581	6	58	have	have	AUX
easat-6581	6	59	been	be	AUX
easat-6581	6	60	discussed	discuss	VERB
easat-6581	6	61	;	;	PUNCT
easat-6581	6	62	finally	finally	ADV
easat-6581	6	63	,	,	PUNCT
easat-6581	6	64	concluding	conclude	VERB
easat-6581	6	65	remarks	remark	NOUN
easat-6581	6	66	have	have	AUX
easat-6581	6	67	been	be	AUX
easat-6581	6	68	provided	provide	VERB
easat-6581	6	69	.	.	PUNCT
easat-6581	7	1	the	the	DET
easat-6581	7	2	comparison	comparison	NOUN
easat-6581	7	3	of	of	ADP
easat-6581	7	4	the	the	DET
easat-6581	7	5	italian	italian	ADJ
easat-6581	7	6	appraisal	appraisal	NOUN
easat-6581	7	7	tradition	tradition	NOUN
easat-6581	7	8	with	with	ADP
easat-6581	7	9	international	international	ADJ
easat-6581	7	10	methodologies	methodology	NOUN
easat-6581	7	11	showed	show	VERB
easat-6581	7	12	strong	strong	ADJ
easat-6581	7	13	analogies	analogy	NOUN
easat-6581	7	14	between	between	ADP
easat-6581	7	15	the	the	DET
easat-6581	7	16	italian	italian	ADJ
easat-6581	7	17	practice	practice	NOUN
easat-6581	7	18	and	and	CCONJ
easat-6581	7	19	the	the	DET
easat-6581	7	20	international	international	ADJ
easat-6581	7	21	one	one	NOUN
easat-6581	7	22	,	,	PUNCT
easat-6581	7	23	especially	especially	ADV
easat-6581	7	24	in	in	ADP
easat-6581	7	25	terms	term	NOUN
easat-6581	7	26	of	of	ADP
easat-6581	7	27	consistency	consistency	NOUN
easat-6581	7	28	with	with	ADP
easat-6581	7	29	the	the	DET
easat-6581	7	30	theoretical	theoretical	ADJ
easat-6581	7	31	and	and	CCONJ
easat-6581	7	32	methodological	methodological	ADJ
easat-6581	7	33	principles	principle	NOUN
easat-6581	7	34	of	of	ADP
easat-6581	7	35	property	property	NOUN
easat-6581	7	36	appraisal	appraisal	NOUN
easat-6581	7	37	;	;	PUNCT
easat-6581	7	38	therefore	therefore	ADV
easat-6581	7	39	,	,	PUNCT
easat-6581	7	40	the	the	DET
easat-6581	7	41	need	need	NOUN
easat-6581	7	42	to	to	PART
easat-6581	7	43	align	align	VERB
easat-6581	7	44	the	the	DET
easat-6581	7	45	italian	italian	ADJ
easat-6581	7	46	valuation	valuation	NOUN
easat-6581	7	47	practice	practice	NOUN
easat-6581	7	48	with	with	ADP
easat-6581	7	49	the	the	DET
easat-6581	7	50	needs	need	NOUN
easat-6581	7	51	emerging	emerge	VERB
easat-6581	7	52	from	from	ADP
easat-6581	7	53	the	the	DET
easat-6581	7	54	real	real	ADJ
easat-6581	7	55	estate	estate	NOUN
easat-6581	7	56	market	market	NOUN
easat-6581	7	57	can	can	AUX
easat-6581	7	58	not	not	PART
easat-6581	7	59	mean	mean	VERB
easat-6581	7	60	the	the	DET
easat-6581	7	61	denial	denial	NOUN
easat-6581	7	62	of	of	ADP
easat-6581	7	63	the	the	DET
easat-6581	7	64	local	local	ADJ
easat-6581	7	65	valuation	valuation	NOUN
easat-6581	7	66	tradition	tradition	NOUN
easat-6581	7	67	.	.	PUNCT
easat-6581	8	1	this	this	DET
easat-6581	8	2	study	study	NOUN
easat-6581	8	3	can	can	AUX
easat-6581	8	4	represent	represent	VERB
easat-6581	8	5	a	a	DET
easat-6581	8	6	starting	starting	NOUN
easat-6581	8	7	point	point	NOUN
easat-6581	8	8	for	for	ADP
easat-6581	8	9	the	the	DET
easat-6581	8	10	definition	definition	NOUN
easat-6581	8	11	of	of	ADP
easat-6581	8	12	property	property	NOUN
easat-6581	8	13	valuation	valuation	NOUN
easat-6581	8	14	standards	standard	NOUN
easat-6581	8	15	based	base	VERB
easat-6581	8	16	also	also	ADV
easat-6581	8	17	on	on	ADP
easat-6581	8	18	the	the	DET
easat-6581	8	19	local	local	ADJ
easat-6581	8	20	valuation	valuation	NOUN
easat-6581	8	21	practice	practice	NOUN
easat-6581	8	22	,	,	PUNCT
easat-6581	8	23	by	by	ADP
easat-6581	8	24	means	mean	NOUN
easat-6581	8	25	of	of	ADP
easat-6581	8	26	a	a	DET
easat-6581	8	27	bottom	bottom	ADJ
easat-6581	8	28	-	-	PUNCT
easat-6581	8	29	up	up	ADP
easat-6581	8	30	process	process	NOUN
easat-6581	8	31	involving	involve	VERB
easat-6581	8	32	all	all	DET
easat-6581	8	33	the	the	DET
easat-6581	8	34	representatives	representative	NOUN
easat-6581	8	35	of	of	ADP
easat-6581	8	36	the	the	DET
easat-6581	8	37	property	property	NOUN
easat-6581	8	38	valuation	valuation	NOUN
easat-6581	8	39	sector	sector	NOUN
easat-6581	8	40	.	.	PUNCT
easat-6581	9	1	keywords	keyword	NOUN
easat-6581	9	2	:	:	PUNCT
easat-6581	9	3	international	international	ADJ
easat-6581	9	4	appraisal	appraisal	NOUN
easat-6581	9	5	methods	method	NOUN
easat-6581	9	6	,	,	PUNCT
easat-6581	9	7	international	international	ADJ
easat-6581	9	8	valuation	valuation	NOUN
easat-6581	9	9	standards	standard	NOUN
easat-6581	9	10	,	,	PUNCT
easat-6581	9	11	italian	italian	ADJ
easat-6581	9	12	property	property	NOUN
easat-6581	9	13	valuation	valuation	NOUN
easat-6581	9	14	methods	method	NOUN
easat-6581	9	15	,	,	PUNCT
easat-6581	9	16	property	property	NOUN
easat-6581	9	17	valuation	valuation	NOUN
easat-6581	9	18	methods	method	NOUN
easat-6581	9	19	,	,	PUNCT
easat-6581	9	20	real	real	ADJ
easat-6581	9	21	estate	estate	NOUN
easat-6581	9	22	appraisal	appraisal	NOUN
easat-6581	9	23	.	.	PUNCT
easat-6581	10	1	1	1	X
easat-6581	10	2	.	.	X
easat-6581	10	3	introduction	introduction	NOUN
easat-6581	10	4	the	the	DET
easat-6581	10	5	financialization	financialization	NOUN
easat-6581	10	6	and	and	CCONJ
easat-6581	10	7	globalization	globalization	NOUN
easat-6581	10	8	of	of	ADP
easat-6581	10	9	the	the	DET
easat-6581	10	10	real	real	ADJ
easat-6581	10	11	estate	estate	NOUN
easat-6581	10	12	market	market	NOUN
easat-6581	10	13	,	,	PUNCT
easat-6581	10	14	which	which	PRON
easat-6581	10	15	have	have	AUX
easat-6581	10	16	occurred	occur	VERB
easat-6581	10	17	in	in	ADP
easat-6581	10	18	recent	recent	ADJ
easat-6581	10	19	decades	decade	NOUN
easat-6581	10	20	[	[	X
easat-6581	10	21	1	1	NUM
easat-6581	10	22	,	,	PUNCT
easat-6581	10	23	2	2	NUM
easat-6581	10	24	]	]	PUNCT
easat-6581	10	25	have	have	AUX
easat-6581	10	26	meant	mean	VERB
easat-6581	10	27	that	that	SCONJ
easat-6581	10	28	real	real	ADJ
easat-6581	10	29	property	property	NOUN
easat-6581	10	30	is	be	AUX
easat-6581	10	31	increasingly	increasingly	ADV
easat-6581	10	32	considered	consider	VERB
easat-6581	10	33	an	an	DET
easat-6581	10	34	investment	investment	NOUN
easat-6581	10	35	asset	asset	NOUN
easat-6581	10	36	.	.	PUNCT
easat-6581	11	1	in	in	ADP
easat-6581	11	2	this	this	DET
easat-6581	11	3	context	context	NOUN
easat-6581	11	4	,	,	PUNCT
easat-6581	11	5	property	property	NOUN
easat-6581	11	6	valuation	valuation	NOUN
easat-6581	11	7	has	have	AUX
easat-6581	11	8	therefore	therefore	ADV
easat-6581	11	9	assumed	assume	VERB
easat-6581	11	10	a	a	DET
easat-6581	11	11	key	key	ADJ
easat-6581	11	12	role	role	NOUN
easat-6581	11	13	in	in	ADP
easat-6581	11	14	supporting	support	VERB
easat-6581	11	15	the	the	DET
easat-6581	11	16	various	various	ADJ
easat-6581	11	17	real	real	ADJ
easat-6581	11	18	estate	estate	NOUN
easat-6581	11	19	investment	investment	NOUN
easat-6581	11	20	operations	operation	NOUN
easat-6581	11	21	[	[	X
easat-6581	11	22	3	3	X
easat-6581	11	23	]	]	PUNCT
easat-6581	11	24	and	and	CCONJ
easat-6581	11	25	the	the	DET
easat-6581	11	26	market	market	NOUN
easat-6581	11	27	requires	require	VERB
easat-6581	11	28	valuers	valuer	NOUN
easat-6581	11	29	to	to	PART
easat-6581	11	30	adopt	adopt	VERB
easat-6581	11	31	internationally	internationally	ADV
easat-6581	11	32	standardized	standardize	VERB
easat-6581	11	33	appraisal	appraisal	NOUN
easat-6581	11	34	methods	method	NOUN
easat-6581	11	35	and	and	CCONJ
easat-6581	11	36	procedures	procedure	NOUN
easat-6581	11	37	[	[	X
easat-6581	11	38	4	4	NUM
easat-6581	11	39	,	,	PUNCT
easat-6581	11	40	5	5	NUM
easat-6581	11	41	]	]	PUNCT
easat-6581	11	42	.	.	PUNCT
easat-6581	12	1	to	to	PART
easat-6581	12	2	meet	meet	VERB
easat-6581	12	3	these	these	DET
easat-6581	12	4	needs	need	NOUN
easat-6581	12	5	,	,	PUNCT
easat-6581	12	6	various	various	ADJ
easat-6581	12	7	institutional	institutional	ADJ
easat-6581	12	8	and	and	CCONJ
easat-6581	12	9	professional	professional	ADJ
easat-6581	12	10	bodies	body	NOUN
easat-6581	12	11	have	have	AUX
easat-6581	12	12	proposed	propose	VERB
easat-6581	12	13	real	real	ADJ
easat-6581	12	14	estate	estate	NOUN
easat-6581	12	15	valuation	valuation	NOUN
easat-6581	12	16	standards	standard	NOUN
easat-6581	12	17	using	use	VERB
easat-6581	12	18	a	a	DET
easat-6581	12	19	common	common	ADJ
easat-6581	12	20	,	,	PUNCT
easat-6581	12	21	shared	share	VERB
easat-6581	12	22	and	and	CCONJ
easat-6581	12	23	codified	codify	VERB
easat-6581	12	24	language	language	NOUN
easat-6581	12	25	[	[	X
easat-6581	12	26	6	6	NUM
easat-6581	12	27	,	,	PUNCT
easat-6581	12	28	7	7	NUM
easat-6581	12	29	]	]	PUNCT
easat-6581	12	30	.	.	PUNCT
easat-6581	13	1	in	in	ADP
easat-6581	13	2	1981	1981	NUM
easat-6581	13	3	,	,	PUNCT
easat-6581	13	4	the	the	DET
easat-6581	13	5	asset	asset	NOUN
easat-6581	13	6	valuation	valuation	PROPN
easat-6581	13	7	standard	standard	PROPN
easat-6581	13	8	committee	committee	PROPN
easat-6581	13	9	–	–	PUNCT
easat-6581	13	10	tiavsc	tiavsc	NOUN
easat-6581	13	11	was	be	AUX
easat-6581	13	12	founded	found	VERB
easat-6581	13	13	;	;	PUNCT
easat-6581	13	14	in	in	ADP
easat-6581	13	15	1984	1984	NUM
easat-6581	13	16	,	,	PUNCT
easat-6581	13	17	the	the	DET
easat-6581	13	18	first	first	ADJ
easat-6581	13	19	valuation	valuation	NOUN
easat-6581	13	20	standards	standard	NOUN
easat-6581	13	21	were	be	AUX
easat-6581	13	22	published	publish	VERB
easat-6581	13	23	;	;	PUNCT
easat-6581	13	24	in	in	ADP
easat-6581	13	25	1994	1994	NUM
easat-6581	13	26	,	,	PUNCT
easat-6581	13	27	the	the	DET
easat-6581	13	28	international	international	ADJ
easat-6581	13	29	valuation	valuation	PROPN
easat-6581	13	30	standard	standard	PROPN
easat-6581	13	31	committee	committee	PROPN
easat-6581	13	32	(	(	PUNCT
easat-6581	13	33	ivsc	ivsc	PROPN
easat-6581	13	34	)	)	PUNCT
easat-6581	13	35	published	publish	VERB
easat-6581	13	36	the	the	DET
easat-6581	13	37	first	first	ADJ
easat-6581	13	38	edition	edition	NOUN
easat-6581	13	39	of	of	ADP
easat-6581	13	40	the	the	DET
easat-6581	13	41	international	international	ADJ
easat-6581	13	42	valuation	valuation	NOUN
easat-6581	13	43	standards	standard	NOUN
easat-6581	13	44	(	(	PUNCT
easat-6581	13	45	ivs	ivs	NOUN
easat-6581	13	46	)	)	PUNCT
easat-6581	14	1	[	[	X
easat-6581	14	2	8	8	NUM
easat-6581	14	3	]	]	PUNCT
easat-6581	14	4	.	.	PUNCT
easat-6581	15	1	at	at	ADP
easat-6581	15	2	european	european	ADJ
easat-6581	15	3	level	level	NOUN
easat-6581	15	4	,	,	PUNCT
easat-6581	15	5	in	in	ADP
easat-6581	15	6	1981	1981	NUM
easat-6581	15	7	the	the	DET
easat-6581	15	8	first	first	ADJ
easat-6581	15	9	european	european	PROPN
easat-6581	15	10	valuation	valuation	NOUN
easat-6581	15	11	standards	standard	NOUN
easat-6581	15	12	(	(	PUNCT
easat-6581	15	13	evs	evs	NOUN
easat-6581	15	14	)	)	PUNCT
easat-6581	15	15	,	,	PUNCT
easat-6581	15	16	also	also	ADV
easat-6581	15	17	known	know	VERB
easat-6581	15	18	as	as	ADP
easat-6581	15	19	the	the	DET
easat-6581	15	20	"	"	PUNCT
easat-6581	15	21	blue	blue	ADJ
easat-6581	15	22	book	book	NOUN
easat-6581	15	23	"	"	PUNCT
easat-6581	15	24	[	[	X
easat-6581	15	25	9	9	NUM
easat-6581	15	26	]	]	PUNCT
easat-6581	15	27	were	be	AUX
easat-6581	15	28	published	publish	VERB
easat-6581	15	29	on	on	ADP
easat-6581	15	30	the	the	DET
easat-6581	15	31	initiative	initiative	NOUN
easat-6581	15	32	of	of	ADP
easat-6581	15	33	the	the	DET
easat-6581	15	34	tegovofa	tegovofa	NOUN
easat-6581	15	35	(	(	PUNCT
easat-6581	15	36	established	establish	VERB
easat-6581	15	37	in	in	ADP
easat-6581	15	38	1977	1977	NUM
easat-6581	15	39	,	,	PUNCT
easat-6581	15	40	replaced	replace	VERB
easat-6581	15	41	in	in	ADP
easat-6581	15	42	1992	1992	NUM
easat-6581	15	43	by	by	ADP
easat-6581	15	44	the	the	DET
easat-6581	15	45	euroval	euroval	NOUN
easat-6581	15	46	and	and	CCONJ
easat-6581	15	47	in	in	ADP
easat-6581	15	48	1997	1997	NUM
easat-6581	15	49	by	by	ADP
easat-6581	15	50	the	the	DET
easat-6581	15	51	european	european	PROPN
easat-6581	15	52	group	group	NOUN
easat-6581	15	53	of	of	ADP
easat-6581	15	54	valuers	valuer	NOUN
easat-6581	15	55	associations	association	NOUN
easat-6581	15	56	-tegova	-tegova	PROPN
easat-6581	15	57	)	)	PUNCT
easat-6581	15	58	.	.	PUNCT
easat-6581	16	1	at	at	ADP
easat-6581	16	2	national	national	ADJ
easat-6581	16	3	level	level	NOUN
easat-6581	16	4	,	,	PUNCT
easat-6581	16	5	in	in	ADP
easat-6581	16	6	the	the	DET
easat-6581	16	7	united	united	PROPN
easat-6581	16	8	kingdom	kingdom	PROPN
easat-6581	16	9	the	the	DET
easat-6581	16	10	royal	royal	PROPN
easat-6581	16	11	institute	institute	PROPN
easat-6581	16	12	of	of	ADP
easat-6581	16	13	chartered	chartered	PROPN
easat-6581	16	14	surveyors	surveyor	NOUN
easat-6581	16	15	(	(	PUNCT
easat-6581	16	16	rics	ric	NOUN
easat-6581	16	17	)	)	PUNCT
easat-6581	16	18	in	in	ADP
easat-6581	16	19	1976	1976	NUM
easat-6581	16	20	published	publish	VERB
easat-6581	16	21	the	the	DET
easat-6581	16	22	first	first	ADJ
easat-6581	16	23	edition	edition	NOUN
easat-6581	16	24	of	of	ADP
easat-6581	16	25	the	the	DET
easat-6581	16	26	standards	standard	NOUN
easat-6581	16	27	under	under	ADP
easat-6581	16	28	the	the	DET
easat-6581	16	29	name	name	NOUN
easat-6581	16	30	of	of	ADP
easat-6581	16	31	"	"	PUNCT
easat-6581	16	32	guidance	guidance	NOUN
easat-6581	16	33	note	note	NOUN
easat-6581	16	34	on	on	ADP
easat-6581	16	35	the	the	DET
easat-6581	16	36	valuation	valuation	NOUN
easat-6581	16	37	of	of	ADP
easat-6581	16	38	assets	asset	NOUN
easat-6581	16	39	"	"	PUNCT
easat-6581	16	40	,	,	PUNCT
easat-6581	16	41	later	later	ADV
easat-6581	16	42	known	know	VERB
easat-6581	16	43	as	as	ADP
easat-6581	16	44	the	the	DET
easat-6581	16	45	"	"	PUNCT
easat-6581	16	46	red	red	ADJ
easat-6581	16	47	book	book	NOUN
easat-6581	16	48	"	"	PUNCT
easat-6581	17	1	[	[	X
easat-6581	17	2	10	10	NUM
easat-6581	17	3	]	]	X
easat-6581	17	4	;	;	PUNCT
easat-6581	17	5	in	in	ADP
easat-6581	17	6	the	the	DET
easat-6581	17	7	united	united	PROPN
easat-6581	17	8	states	states	PROPN
easat-6581	17	9	,	,	PUNCT
easat-6581	17	10	the	the	DET
easat-6581	17	11	appraisal	appraisal	NOUN
easat-6581	17	12	foundation	foundation	NOUN
easat-6581	17	13	published	publish	VERB
easat-6581	17	14	the	the	DET
easat-6581	17	15	first	first	ADJ
easat-6581	17	16	uniform	uniform	ADJ
easat-6581	17	17	standards	standard	NOUN
easat-6581	17	18	of	of	ADP
easat-6581	17	19	professional	professional	ADJ
easat-6581	17	20	valuation	valuation	NOUN
easat-6581	17	21	practice	practice	NOUN
easat-6581	17	22	(	(	PUNCT
easat-6581	17	23	uspap	uspap	NOUN
easat-6581	17	24	)	)	PUNCT
easat-6581	17	25	in	in	ADP
easat-6581	17	26	1987	1987	NUM
easat-6581	17	27	[	[	X
easat-6581	17	28	11	11	NUM
easat-6581	17	29	]	]	PUNCT
easat-6581	17	30	.	.	PUNCT
easat-6581	18	1	it	it	PRON
easat-6581	18	2	should	should	AUX
easat-6581	18	3	be	be	AUX
easat-6581	18	4	noted	note	VERB
easat-6581	18	5	that	that	SCONJ
easat-6581	18	6	full	full	ADJ
easat-6581	18	7	convergence	convergence	NOUN
easat-6581	18	8	of	of	ADP
easat-6581	18	9	valuation	valuation	NOUN
easat-6581	18	10	methods	method	NOUN
easat-6581	18	11	at	at	ADP
easat-6581	18	12	international	international	ADJ
easat-6581	18	13	level	level	NOUN
easat-6581	18	14	has	have	AUX
easat-6581	18	15	not	not	PART
easat-6581	18	16	yet	yet	ADV
easat-6581	18	17	been	be	AUX
easat-6581	18	18	achieved	achieve	VERB
easat-6581	18	19	:	:	PUNCT
easat-6581	18	20	the	the	DET
easat-6581	18	21	valuation	valuation	NOUN
easat-6581	18	22	methods	method	NOUN
easat-6581	18	23	indicated	indicate	VERB
easat-6581	18	24	in	in	ADP
easat-6581	18	25	the	the	DET
easat-6581	18	26	main	main	ADJ
easat-6581	18	27	valuation	valuation	NOUN
easat-6581	18	28	standards	standard	NOUN
easat-6581	18	29	are	be	AUX
easat-6581	18	30	influenced	influence	VERB
easat-6581	18	31	by	by	ADP
easat-6581	18	32	2425	2425	NUM
easat-6581	18	33	edelweiss	edelweiss	PROPN
easat-6581	18	34	applied	apply	VERB
easat-6581	18	35	science	science	NOUN
easat-6581	18	36	and	and	CCONJ
easat-6581	18	37	technology	technology	NOUN
easat-6581	18	38	issn	issn	PROPN
easat-6581	18	39	:	:	PUNCT
easat-6581	18	40	2576	2576	NUM
easat-6581	18	41	-	-	SYM
easat-6581	18	42	8484	8484	NUM
easat-6581	18	43	vol	vol	NOUN
easat-6581	18	44	.	.	PROPN
easat-6581	19	1	9	9	NUM
easat-6581	19	2	,	,	PUNCT
easat-6581	19	3	no	no	INTJ
easat-6581	19	4	.	.	NOUN
easat-6581	19	5	4	4	NUM
easat-6581	19	6	:	:	SYM
easat-6581	19	7	2424	2424	NUM
easat-6581	19	8	-	-	SYM
easat-6581	19	9	2431	2431	NUM
easat-6581	19	10	,	,	PUNCT
easat-6581	19	11	2025	2025	NUM
easat-6581	19	12	doi	doi	NOUN
easat-6581	19	13	:	:	PUNCT
easat-6581	19	14	10.55214/25768484.v9i4.6581	10.55214/25768484.v9i4.6581	NUM
easat-6581	19	15	©	©	PROPN
easat-6581	19	16	2025	2025	NUM
easat-6581	19	17	by	by	ADP
easat-6581	19	18	the	the	DET
easat-6581	19	19	author	author	NOUN
easat-6581	19	20	;	;	PUNCT
easat-6581	19	21	licensee	licensee	PROPN
easat-6581	19	22	learning	learning	NOUN
easat-6581	19	23	gate	gate	VERB
easat-6581	19	24	consolidated	consolidated	ADJ
easat-6581	19	25	practice	practice	NOUN
easat-6581	19	26	at	at	ADP
easat-6581	19	27	local	local	ADJ
easat-6581	19	28	level	level	NOUN
easat-6581	19	29	[	[	X
easat-6581	19	30	12	12	NUM
easat-6581	19	31	,	,	PUNCT
easat-6581	19	32	13	13	NUM
easat-6581	19	33	]	]	PUNCT
easat-6581	19	34	.	.	PUNCT
easat-6581	20	1	the	the	DET
easat-6581	20	2	applicability	applicability	NOUN
easat-6581	20	3	of	of	ADP
easat-6581	20	4	international	international	ADJ
easat-6581	20	5	valuation	valuation	NOUN
easat-6581	20	6	methods	method	NOUN
easat-6581	20	7	implies	imply	VERB
easat-6581	20	8	the	the	DET
easat-6581	20	9	existence	existence	NOUN
easat-6581	20	10	of	of	ADP
easat-6581	20	11	the	the	DET
easat-6581	20	12	same	same	ADJ
easat-6581	20	13	operating	operating	NOUN
easat-6581	20	14	conditions	condition	NOUN
easat-6581	20	15	in	in	ADP
easat-6581	20	16	all	all	DET
easat-6581	20	17	countries	country	NOUN
easat-6581	20	18	,	,	PUNCT
easat-6581	20	19	including	include	VERB
easat-6581	20	20	the	the	DET
easat-6581	20	21	possibility	possibility	NOUN
easat-6581	20	22	of	of	ADP
easat-6581	20	23	collecting	collect	VERB
easat-6581	20	24	real	real	ADJ
easat-6581	20	25	estate	estate	NOUN
easat-6581	20	26	data	datum	NOUN
easat-6581	20	27	.	.	PUNCT
easat-6581	21	1	in	in	ADP
easat-6581	21	2	italy	italy	PROPN
easat-6581	21	3	,	,	PUNCT
easat-6581	21	4	generally	generally	ADV
easat-6581	21	5	accepted	accept	VERB
easat-6581	21	6	and	and	CCONJ
easat-6581	21	7	recognized	recognize	VERB
easat-6581	21	8	real	real	ADJ
easat-6581	21	9	estate	estate	NOUN
easat-6581	21	10	valuation	valuation	NOUN
easat-6581	21	11	standards	standard	NOUN
easat-6581	21	12	do	do	AUX
easat-6581	21	13	not	not	PART
easat-6581	21	14	yet	yet	ADV
easat-6581	21	15	exist	exist	VERB
easat-6581	21	16	.	.	PUNCT
easat-6581	22	1	at	at	ADP
easat-6581	22	2	the	the	DET
easat-6581	22	3	moment	moment	NOUN
easat-6581	22	4	,	,	PUNCT
easat-6581	22	5	only	only	ADV
easat-6581	22	6	the	the	DET
easat-6581	22	7	proposals	proposal	NOUN
easat-6581	22	8	formulated	formulate	VERB
easat-6581	22	9	by	by	ADP
easat-6581	22	10	the	the	DET
easat-6581	22	11	real	real	ADJ
easat-6581	22	12	estate	estate	NOUN
easat-6581	22	13	valuation	valuation	NOUN
easat-6581	22	14	code	code	PROPN
easat-6581	22	15	,	,	PUNCT
easat-6581	22	16	published	publish	VERB
easat-6581	22	17	in	in	ADP
easat-6581	22	18	2000	2000	NUM
easat-6581	22	19	by	by	ADP
easat-6581	22	20	tecnoborsa	tecnoborsa	NOUN
easat-6581	22	21	[	[	X
easat-6581	22	22	14	14	NUM
easat-6581	22	23	]	]	PUNCT
easat-6581	22	24	and	and	CCONJ
easat-6581	22	25	by	by	ADP
easat-6581	22	26	the	the	DET
easat-6581	22	27	italian	italian	ADJ
easat-6581	22	28	banking	banking	NOUN
easat-6581	22	29	association	association	PROPN
easat-6581	22	30	(	(	PUNCT
easat-6581	22	31	abi	abi	PROPN
easat-6581	22	32	)	)	PUNCT
easat-6581	22	33	which	which	PRON
easat-6581	22	34	,	,	PUNCT
easat-6581	22	35	in	in	ADP
easat-6581	22	36	2011	2011	NUM
easat-6581	22	37	,	,	PUNCT
easat-6581	22	38	published	publish	VERB
easat-6581	22	39	its	its	PRON
easat-6581	22	40	own	own	ADJ
easat-6581	22	41	guidelines	guideline	NOUN
easat-6581	22	42	[	[	X
easat-6581	22	43	15	15	NUM
easat-6581	22	44	]	]	PUNCT
easat-6581	22	45	can	can	AUX
easat-6581	22	46	be	be	AUX
easat-6581	22	47	mentioned	mention	VERB
easat-6581	22	48	.	.	PUNCT
easat-6581	23	1	the	the	DET
easat-6581	23	2	real	real	ADJ
easat-6581	23	3	estate	estate	NOUN
easat-6581	23	4	valuation	valuation	NOUN
easat-6581	23	5	code	code	NOUN
easat-6581	23	6	provides	provide	VERB
easat-6581	23	7	some	some	DET
easat-6581	23	8	minimum	minimum	ADJ
easat-6581	23	9	standard	standard	ADJ
easat-6581	23	10	requirements	requirement	NOUN
easat-6581	23	11	necessary	necessary	ADJ
easat-6581	23	12	for	for	ADP
easat-6581	23	13	the	the	DET
easat-6581	23	14	valuation	valuation	NOUN
easat-6581	23	15	;	;	PUNCT
easat-6581	23	16	the	the	DET
easat-6581	23	17	abi	abi	PROPN
easat-6581	23	18	guidelines	guideline	NOUN
easat-6581	23	19	were	be	AUX
easat-6581	23	20	drawn	draw	VERB
easat-6581	23	21	up	up	ADP
easat-6581	23	22	on	on	ADP
easat-6581	23	23	the	the	DET
easat-6581	23	24	basis	basis	NOUN
easat-6581	23	25	of	of	ADP
easat-6581	23	26	the	the	DET
easat-6581	23	27	indications	indication	NOUN
easat-6581	23	28	provided	provide	VERB
easat-6581	23	29	by	by	ADP
easat-6581	23	30	international	international	ADJ
easat-6581	23	31	valuation	valuation	NOUN
easat-6581	23	32	standards	standard	NOUN
easat-6581	23	33	(	(	PUNCT
easat-6581	23	34	ivs	ivs	NOUN
easat-6581	23	35	,	,	PUNCT
easat-6581	23	36	rics	ric	NOUN
easat-6581	23	37	standards	standard	NOUN
easat-6581	23	38	,	,	PUNCT
easat-6581	23	39	evs	evs	NOUN
easat-6581	23	40	and	and	CCONJ
easat-6581	23	41	uspap	uspap	NOUN
easat-6581	23	42	)	)	PUNCT
easat-6581	23	43	and	and	CCONJ
easat-6581	23	44	by	by	ADP
easat-6581	23	45	the	the	DET
easat-6581	23	46	real	real	ADJ
easat-6581	23	47	estate	estate	NOUN
easat-6581	23	48	valuation	valuation	NOUN
easat-6581	23	49	code	code	PROPN
easat-6581	23	50	.	.	PUNCT
easat-6581	24	1	however	however	ADV
easat-6581	24	2	,	,	PUNCT
easat-6581	24	3	it	it	PRON
easat-6581	24	4	should	should	AUX
easat-6581	24	5	be	be	AUX
easat-6581	24	6	highlighted	highlight	VERB
easat-6581	24	7	that	that	SCONJ
easat-6581	24	8	the	the	DET
easat-6581	24	9	italian	italian	ADJ
easat-6581	24	10	real	real	ADJ
easat-6581	24	11	estate	estate	NOUN
easat-6581	24	12	market	market	NOUN
easat-6581	24	13	presents	present	VERB
easat-6581	24	14	a	a	DET
easat-6581	24	15	series	series	NOUN
easat-6581	24	16	of	of	ADP
easat-6581	24	17	specific	specific	ADJ
easat-6581	24	18	characteristics	characteristic	NOUN
easat-6581	24	19	(	(	PUNCT
easat-6581	24	20	poor	poor	ADJ
easat-6581	24	21	transparency	transparency	NOUN
easat-6581	24	22	of	of	ADP
easat-6581	24	23	real	real	ADJ
easat-6581	24	24	estate	estate	NOUN
easat-6581	24	25	prices	price	NOUN
easat-6581	24	26	,	,	PUNCT
easat-6581	24	27	reduced	reduce	VERB
easat-6581	24	28	competitiveness	competitiveness	NOUN
easat-6581	24	29	of	of	ADP
easat-6581	24	30	some	some	DET
easat-6581	24	31	areas	area	NOUN
easat-6581	24	32	,	,	PUNCT
easat-6581	24	33	poor	poor	ADJ
easat-6581	24	34	integration	integration	NOUN
easat-6581	24	35	with	with	ADP
easat-6581	24	36	the	the	DET
easat-6581	24	37	securities	security	NOUN
easat-6581	24	38	market	market	NOUN
easat-6581	24	39	)	)	PUNCT
easat-6581	24	40	which	which	PRON
easat-6581	24	41	make	make	VERB
easat-6581	24	42	it	it	PRON
easat-6581	24	43	difficult	difficult	ADJ
easat-6581	24	44	to	to	PART
easat-6581	24	45	introduce	introduce	VERB
easat-6581	24	46	valuation	valuation	NOUN
easat-6581	24	47	standards	standard	NOUN
easat-6581	24	48	completely	completely	ADV
easat-6581	24	49	derived	derive	VERB
easat-6581	24	50	from	from	ADP
easat-6581	24	51	international	international	ADJ
easat-6581	24	52	practice	practice	NOUN
easat-6581	24	53	;	;	PUNCT
easat-6581	24	54	these	these	DET
easat-6581	24	55	standards	standard	NOUN
easat-6581	24	56	,	,	PUNCT
easat-6581	24	57	in	in	ADP
easat-6581	24	58	fact	fact	NOUN
easat-6581	24	59	,	,	PUNCT
easat-6581	24	60	were	be	AUX
easat-6581	24	61	designed	design	VERB
easat-6581	24	62	for	for	ADP
easat-6581	24	63	real	real	ADJ
easat-6581	24	64	estate	estate	NOUN
easat-6581	24	65	contexts	contexts	NOUN
easat-6581	24	66	other	other	ADJ
easat-6581	24	67	than	than	ADP
easat-6581	24	68	the	the	DET
easat-6581	24	69	italian	italian	ADJ
easat-6581	24	70	one	one	NUM
easat-6581	24	71	and	and	CCONJ
easat-6581	24	72	,	,	PUNCT
easat-6581	24	73	therefore	therefore	ADV
easat-6581	24	74	,	,	PUNCT
easat-6581	24	75	it	it	PRON
easat-6581	24	76	is	be	AUX
easat-6581	24	77	necessary	necessary	ADJ
easat-6581	24	78	to	to	PART
easat-6581	24	79	adopt	adopt	VERB
easat-6581	24	80	rules	rule	NOUN
easat-6581	24	81	and	and	CCONJ
easat-6581	24	82	procedures	procedure	NOUN
easat-6581	24	83	that	that	PRON
easat-6581	24	84	can	can	AUX
easat-6581	24	85	fully	fully	ADV
easat-6581	24	86	adapt	adapt	VERB
easat-6581	24	87	to	to	ADP
easat-6581	24	88	the	the	DET
easat-6581	24	89	italian	italian	ADJ
easat-6581	24	90	context	context	NOUN
easat-6581	24	91	.	.	PUNCT
easat-6581	25	1	in	in	ADP
easat-6581	25	2	relation	relation	NOUN
easat-6581	25	3	to	to	ADP
easat-6581	25	4	the	the	DET
easat-6581	25	5	valuation	valuation	NOUN
easat-6581	25	6	methods	method	NOUN
easat-6581	25	7	indicated	indicate	VERB
easat-6581	25	8	in	in	ADP
easat-6581	25	9	the	the	DET
easat-6581	25	10	tecnoborsa	tecnoborsa	NOUN
easat-6581	25	11	code	code	NOUN
easat-6581	25	12	and	and	CCONJ
easat-6581	25	13	in	in	ADP
easat-6581	25	14	the	the	DET
easat-6581	25	15	abi	abi	PROPN
easat-6581	25	16	guidelines	guideline	NOUN
easat-6581	25	17	,	,	PUNCT
easat-6581	25	18	it	it	PRON
easat-6581	25	19	should	should	AUX
easat-6581	25	20	be	be	AUX
easat-6581	25	21	noted	note	VERB
easat-6581	25	22	that	that	SCONJ
easat-6581	25	23	,	,	PUNCT
easat-6581	25	24	in	in	ADP
easat-6581	25	25	both	both	DET
easat-6581	25	26	cases	case	NOUN
easat-6581	25	27	,	,	PUNCT
easat-6581	25	28	reference	reference	NOUN
easat-6581	25	29	is	be	AUX
easat-6581	25	30	made	make	VERB
easat-6581	25	31	only	only	ADV
easat-6581	25	32	to	to	ADP
easat-6581	25	33	international	international	ADJ
easat-6581	25	34	valuation	valuation	NOUN
easat-6581	25	35	procedures	procedure	NOUN
easat-6581	25	36	,	,	PUNCT
easat-6581	25	37	almost	almost	ADV
easat-6581	25	38	completely	completely	ADV
easat-6581	25	39	excluding	exclude	VERB
easat-6581	25	40	all	all	DET
easat-6581	25	41	italian	italian	ADJ
easat-6581	25	42	valuation	valuation	NOUN
easat-6581	25	43	methods	method	NOUN
easat-6581	25	44	and	and	CCONJ
easat-6581	25	45	practices	practice	NOUN
easat-6581	25	46	,	,	PUNCT
easat-6581	25	47	of	of	ADP
easat-6581	25	48	very	very	ADV
easat-6581	25	49	long	long	ADJ
easat-6581	25	50	tradition	tradition	NOUN
easat-6581	25	51	and	and	CCONJ
easat-6581	25	52	,	,	PUNCT
easat-6581	25	53	on	on	ADP
easat-6581	25	54	closer	close	ADJ
easat-6581	25	55	inspection	inspection	NOUN
easat-6581	25	56	,	,	PUNCT
easat-6581	25	57	not	not	PART
easat-6581	25	58	so	so	ADV
easat-6581	25	59	dissimilar	dissimilar	ADJ
easat-6581	25	60	from	from	ADP
easat-6581	25	61	the	the	DET
easat-6581	25	62	international	international	ADJ
easat-6581	25	63	ones	one	NOUN
easat-6581	25	64	,	,	PUNCT
easat-6581	25	65	at	at	ADP
easat-6581	25	66	least	least	ADJ
easat-6581	25	67	in	in	ADP
easat-6581	25	68	the	the	DET
easat-6581	25	69	general	general	ADJ
easat-6581	25	70	conception	conception	NOUN
easat-6581	25	71	,	,	PUNCT
easat-6581	25	72	if	if	SCONJ
easat-6581	25	73	fully	fully	ADV
easat-6581	25	74	from	from	ADP
easat-6581	25	75	an	an	DET
easat-6581	25	76	operational	operational	ADJ
easat-6581	25	77	point	point	NOUN
easat-6581	25	78	of	of	ADP
easat-6581	25	79	view	view	NOUN
easat-6581	25	80	.	.	PUNCT
easat-6581	26	1	on	on	ADP
easat-6581	26	2	the	the	DET
easat-6581	26	3	basis	basis	NOUN
easat-6581	26	4	of	of	ADP
easat-6581	26	5	the	the	DET
easat-6581	26	6	situation	situation	NOUN
easat-6581	26	7	outlined	outline	VERB
easat-6581	26	8	,	,	PUNCT
easat-6581	26	9	therefore	therefore	ADV
easat-6581	26	10	,	,	PUNCT
easat-6581	26	11	the	the	DET
easat-6581	26	12	article	article	NOUN
easat-6581	26	13	aims	aim	VERB
easat-6581	26	14	to	to	PART
easat-6581	26	15	illustrate	illustrate	VERB
easat-6581	26	16	the	the	DET
easat-6581	26	17	fundamental	fundamental	ADJ
easat-6581	26	18	characteristics	characteristic	NOUN
easat-6581	26	19	of	of	ADP
easat-6581	26	20	the	the	DET
easat-6581	26	21	real	real	ADJ
easat-6581	26	22	estate	estate	NOUN
easat-6581	26	23	valuation	valuation	NOUN
easat-6581	26	24	methodologies	methodology	NOUN
easat-6581	26	25	of	of	ADP
easat-6581	26	26	the	the	DET
easat-6581	26	27	italian	italian	ADJ
easat-6581	26	28	tradition	tradition	NOUN
easat-6581	26	29	and	and	CCONJ
easat-6581	26	30	to	to	PART
easat-6581	26	31	make	make	VERB
easat-6581	26	32	a	a	DET
easat-6581	26	33	critical	critical	ADJ
easat-6581	26	34	comparison	comparison	NOUN
easat-6581	26	35	with	with	ADP
easat-6581	26	36	the	the	DET
easat-6581	26	37	international	international	ADJ
easat-6581	26	38	methodologies	methodology	NOUN
easat-6581	26	39	,	,	PUNCT
easat-6581	26	40	in	in	ADP
easat-6581	26	41	order	order	NOUN
easat-6581	26	42	to	to	PART
easat-6581	26	43	indicate	indicate	VERB
easat-6581	26	44	a	a	DET
easat-6581	26	45	possible	possible	ADJ
easat-6581	26	46	path	path	NOUN
easat-6581	26	47	for	for	ADP
easat-6581	26	48	the	the	DET
easat-6581	26	49	implementation	implementation	NOUN
easat-6581	26	50	of	of	ADP
easat-6581	26	51	the	the	DET
easat-6581	26	52	italian	italian	ADJ
easat-6581	26	53	real	real	ADJ
easat-6581	26	54	estate	estate	NOUN
easat-6581	26	55	valuation	valuation	NOUN
easat-6581	26	56	standards	standard	NOUN
easat-6581	26	57	.	.	PUNCT
easat-6581	27	1	therefore	therefore	ADV
easat-6581	27	2	,	,	PUNCT
easat-6581	27	3	the	the	DET
easat-6581	27	4	article	article	NOUN
easat-6581	27	5	is	be	AUX
easat-6581	27	6	structured	structure	VERB
easat-6581	27	7	as	as	SCONJ
easat-6581	27	8	follows	follow	VERB
easat-6581	27	9	:	:	PUNCT
easat-6581	27	10	firstly	firstly	ADV
easat-6581	27	11	,	,	PUNCT
easat-6581	27	12	the	the	DET
easat-6581	27	13	characteristics	characteristic	NOUN
easat-6581	27	14	of	of	ADP
easat-6581	27	15	the	the	DET
easat-6581	27	16	italian	italian	ADJ
easat-6581	27	17	and	and	CCONJ
easat-6581	27	18	international	international	ADJ
easat-6581	27	19	valuation	valuation	NOUN
easat-6581	27	20	methodologies	methodology	NOUN
easat-6581	27	21	are	be	AUX
easat-6581	27	22	illustrated	illustrate	VERB
easat-6581	27	23	(	(	PUNCT
easat-6581	27	24	section	section	NOUN
easat-6581	27	25	2	2	NUM
easat-6581	27	26	)	)	PUNCT
easat-6581	27	27	;	;	PUNCT
easat-6581	27	28	then	then	ADV
easat-6581	27	29	,	,	PUNCT
easat-6581	27	30	a	a	DET
easat-6581	27	31	critical	critical	ADJ
easat-6581	27	32	comparison	comparison	NOUN
easat-6581	27	33	is	be	AUX
easat-6581	27	34	proposed	propose	VERB
easat-6581	27	35	and	and	CCONJ
easat-6581	27	36	the	the	DET
easat-6581	27	37	main	main	ADJ
easat-6581	27	38	results	result	NOUN
easat-6581	27	39	of	of	ADP
easat-6581	27	40	this	this	DET
easat-6581	27	41	comparison	comparison	NOUN
easat-6581	27	42	are	be	AUX
easat-6581	27	43	discussed	discuss	VERB
easat-6581	27	44	(	(	PUNCT
easat-6581	27	45	section	section	NOUN
easat-6581	27	46	3	3	NUM
easat-6581	27	47	)	)	PUNCT
easat-6581	27	48	;	;	PUNCT
easat-6581	27	49	finally	finally	ADV
easat-6581	27	50	,	,	PUNCT
easat-6581	27	51	concluding	conclude	VERB
easat-6581	27	52	remarks	remark	NOUN
easat-6581	27	53	are	be	AUX
easat-6581	27	54	provided	provide	VERB
easat-6581	27	55	(	(	PUNCT
easat-6581	27	56	section	section	NOUN
easat-6581	27	57	4	4	NUM
easat-6581	27	58	)	)	PUNCT
easat-6581	27	59	.	.	PUNCT
easat-6581	28	1	2	2	X
easat-6581	28	2	.	.	X
easat-6581	28	3	material	material	NOUN
easat-6581	28	4	and	and	CCONJ
easat-6581	28	5	methods	method	NOUN
easat-6581	28	6	2.1	2.1	NUM
easat-6581	28	7	.	.	PUNCT
easat-6581	29	1	property	property	NOUN
easat-6581	29	2	valuation	valuation	NOUN
easat-6581	29	3	methods	method	NOUN
easat-6581	29	4	of	of	ADP
easat-6581	29	5	the	the	DET
easat-6581	29	6	italian	italian	ADJ
easat-6581	29	7	valuation	valuation	NOUN
easat-6581	29	8	tradition	tradition	NOUN
easat-6581	29	9	the	the	DET
easat-6581	29	10	appraisal	appraisal	NOUN
easat-6581	29	11	method	method	NOUN
easat-6581	29	12	is	be	AUX
easat-6581	29	13	the	the	DET
easat-6581	29	14	tool	tool	NOUN
easat-6581	29	15	needed	need	VERB
easat-6581	29	16	to	to	PART
easat-6581	29	17	express	express	VERB
easat-6581	29	18	and	and	CCONJ
easat-6581	29	19	logically	logically	ADV
easat-6581	29	20	motivate	motivate	VERB
easat-6581	29	21	an	an	DET
easat-6581	29	22	opinion	opinion	NOUN
easat-6581	29	23	of	of	ADP
easat-6581	29	24	value	value	NOUN
easat-6581	29	25	[	[	X
easat-6581	29	26	16	16	NUM
easat-6581	29	27	]	]	PUNCT
easat-6581	29	28	.	.	PUNCT
easat-6581	30	1	the	the	DET
easat-6581	30	2	method	method	NOUN
easat-6581	30	3	is	be	AUX
easat-6581	30	4	unique	unique	ADJ
easat-6581	30	5	and	and	CCONJ
easat-6581	30	6	based	base	VERB
easat-6581	30	7	on	on	ADP
easat-6581	30	8	comparison	comparison	NOUN
easat-6581	30	9	;	;	PUNCT
easat-6581	30	10	the	the	DET
easat-6581	30	11	valuation	valuation	NOUN
easat-6581	30	12	approaches	approach	NOUN
easat-6581	30	13	,	,	PUNCT
easat-6581	30	14	which	which	PRON
easat-6581	30	15	descend	descend	VERB
easat-6581	30	16	from	from	ADP
easat-6581	30	17	the	the	DET
easat-6581	30	18	unique	unique	ADJ
easat-6581	30	19	method	method	NOUN
easat-6581	30	20	,	,	PUNCT
easat-6581	30	21	can	can	AUX
easat-6581	30	22	be	be	AUX
easat-6581	30	23	distinguished	distinguish	VERB
easat-6581	30	24	into	into	ADP
easat-6581	30	25	“	"	PUNCT
easat-6581	30	26	direct	direct	ADJ
easat-6581	30	27	”	"	PUNCT
easat-6581	30	28	or	or	CCONJ
easat-6581	30	29	“	"	PUNCT
easat-6581	30	30	indirect	indirect	ADJ
easat-6581	30	31	”	"	PUNCT
easat-6581	30	32	.	.	PUNCT
easat-6581	31	1	in	in	ADP
easat-6581	31	2	estimating	estimate	VERB
easat-6581	31	3	the	the	DET
easat-6581	31	4	market	market	NOUN
easat-6581	31	5	value	value	NOUN
easat-6581	31	6	of	of	ADP
easat-6581	31	7	a	a	DET
easat-6581	31	8	property	property	NOUN
easat-6581	31	9	,	,	PUNCT
easat-6581	31	10	direct	direct	ADJ
easat-6581	31	11	valuation	valuation	NOUN
easat-6581	31	12	approaches	approach	NOUN
easat-6581	31	13	assume	assume	VERB
easat-6581	31	14	direct	direct	ADJ
easat-6581	31	15	comparison	comparison	NOUN
easat-6581	31	16	between	between	ADP
easat-6581	31	17	the	the	DET
easat-6581	31	18	characteristics	characteristic	NOUN
easat-6581	31	19	of	of	ADP
easat-6581	31	20	the	the	DET
easat-6581	31	21	property	property	NOUN
easat-6581	31	22	whose	whose	DET
easat-6581	31	23	price	price	NOUN
easat-6581	31	24	is	be	AUX
easat-6581	31	25	known	know	VERB
easat-6581	31	26	and	and	CCONJ
easat-6581	31	27	those	those	PRON
easat-6581	31	28	of	of	ADP
easat-6581	31	29	the	the	DET
easat-6581	31	30	property	property	NOUN
easat-6581	31	31	to	to	PART
easat-6581	31	32	be	be	AUX
easat-6581	31	33	valued	value	VERB
easat-6581	31	34	.	.	PUNCT
easat-6581	32	1	the	the	DET
easat-6581	32	2	single	single	ADJ
easat-6581	32	3	-	-	PUNCT
easat-6581	32	4	parameter	parameter	NOUN
easat-6581	32	5	method	method	NOUN
easat-6581	32	6	is	be	AUX
easat-6581	32	7	based	base	VERB
easat-6581	32	8	on	on	ADP
easat-6581	32	9	the	the	DET
easat-6581	32	10	collection	collection	NOUN
easat-6581	32	11	of	of	ADP
easat-6581	32	12	recent	recent	ADJ
easat-6581	32	13	transactional	transactional	ADJ
easat-6581	32	14	data	datum	NOUN
easat-6581	32	15	of	of	ADP
easat-6581	32	16	comparable	comparable	ADJ
easat-6581	32	17	properties	property	NOUN
easat-6581	32	18	;	;	PUNCT
easat-6581	32	19	prices	price	NOUN
easat-6581	32	20	refer	refer	VERB
easat-6581	32	21	to	to	ADP
easat-6581	32	22	a	a	DET
easat-6581	32	23	single	single	ADJ
easat-6581	32	24	parameter	parameter	NOUN
easat-6581	32	25	(	(	PUNCT
easat-6581	32	26	square	square	ADJ
easat-6581	32	27	meter	meter	NOUN
easat-6581	32	28	,	,	PUNCT
easat-6581	32	29	room	room	NOUN
easat-6581	32	30	,	,	PUNCT
easat-6581	32	31	bed	bed	NOUN
easat-6581	32	32	,	,	PUNCT
easat-6581	32	33	parking	parking	NOUN
easat-6581	32	34	space	space	NOUN
easat-6581	32	35	,	,	PUNCT
easat-6581	32	36	etc	etc	X
easat-6581	32	37	.	.	X
easat-6581	32	38	)	)	PUNCT
easat-6581	32	39	;	;	PUNCT
easat-6581	32	40	by	by	ADP
easat-6581	32	41	comparing	compare	VERB
easat-6581	32	42	the	the	DET
easat-6581	32	43	characteristics	characteristic	NOUN
easat-6581	32	44	of	of	ADP
easat-6581	32	45	the	the	DET
easat-6581	32	46	property	property	NOUN
easat-6581	32	47	to	to	PART
easat-6581	32	48	be	be	AUX
easat-6581	32	49	valued	value	VERB
easat-6581	32	50	with	with	ADP
easat-6581	32	51	those	those	PRON
easat-6581	32	52	of	of	ADP
easat-6581	32	53	the	the	DET
easat-6581	32	54	comparable	comparable	ADJ
easat-6581	32	55	properties	property	NOUN
easat-6581	32	56	,	,	PUNCT
easat-6581	32	57	an	an	DET
easat-6581	32	58	opinion	opinion	NOUN
easat-6581	32	59	of	of	ADP
easat-6581	32	60	value	value	NOUN
easat-6581	32	61	is	be	AUX
easat-6581	32	62	expressed	express	VERB
easat-6581	32	63	[	[	X
easat-6581	32	64	17	17	NUM
easat-6581	32	65	]	]	PUNCT
easat-6581	32	66	.	.	PUNCT
easat-6581	33	1	the	the	DET
easat-6581	33	2	“	"	PUNCT
easat-6581	33	3	punti	punti	X
easat-6581	33	4	di	di	X
easat-6581	33	5	merito	merito	PROPN
easat-6581	33	6	”	"	PUNCT
easat-6581	33	7	method	method	NOUN
easat-6581	33	8	is	be	AUX
easat-6581	33	9	based	base	VERB
easat-6581	33	10	on	on	ADP
easat-6581	33	11	the	the	DET
easat-6581	33	12	analysis	analysis	NOUN
easat-6581	33	13	of	of	ADP
easat-6581	33	14	the	the	DET
easat-6581	33	15	characteristics	characteristic	NOUN
easat-6581	33	16	that	that	PRON
easat-6581	33	17	affect	affect	VERB
easat-6581	33	18	the	the	DET
easat-6581	33	19	market	market	NOUN
easat-6581	33	20	price	price	NOUN
easat-6581	33	21	of	of	ADP
easat-6581	33	22	properties	property	NOUN
easat-6581	33	23	.	.	PUNCT
easat-6581	34	1	operationally	operationally	ADV
easat-6581	34	2	,	,	PUNCT
easat-6581	34	3	starting	start	VERB
easat-6581	34	4	from	from	ADP
easat-6581	34	5	the	the	DET
easat-6581	34	6	highest	high	ADJ
easat-6581	34	7	price	price	NOUN
easat-6581	34	8	property	property	NOUN
easat-6581	34	9	found	find	VERB
easat-6581	34	10	in	in	ADP
easat-6581	34	11	the	the	DET
easat-6581	34	12	same	same	ADJ
easat-6581	34	13	real	real	ADJ
easat-6581	34	14	estate	estate	NOUN
easat-6581	34	15	market	market	NOUN
easat-6581	34	16	area	area	NOUN
easat-6581	34	17	where	where	SCONJ
easat-6581	34	18	the	the	DET
easat-6581	34	19	property	property	NOUN
easat-6581	34	20	to	to	PART
easat-6581	34	21	be	be	AUX
easat-6581	34	22	valued	value	VERB
easat-6581	34	23	is	be	AUX
easat-6581	34	24	located	locate	VERB
easat-6581	34	25	,	,	PUNCT
easat-6581	34	26	it	it	PRON
easat-6581	34	27	is	be	AUX
easat-6581	34	28	assumed	assume	VERB
easat-6581	34	29	that	that	SCONJ
easat-6581	34	30	this	this	DET
easat-6581	34	31	property	property	NOUN
easat-6581	34	32	can	can	AUX
easat-6581	34	33	be	be	AUX
easat-6581	34	34	classified	classify	VERB
easat-6581	34	35	as	as	ADP
easat-6581	34	36	optimal	optimal	ADJ
easat-6581	34	37	in	in	ADP
easat-6581	34	38	terms	term	NOUN
easat-6581	34	39	of	of	ADP
easat-6581	34	40	all	all	DET
easat-6581	34	41	the	the	DET
easat-6581	34	42	characteristics	characteristic	NOUN
easat-6581	34	43	that	that	PRON
easat-6581	34	44	identify	identify	VERB
easat-6581	34	45	it	it	PRON
easat-6581	34	46	.	.	PUNCT
easat-6581	35	1	each	each	DET
easat-6581	35	2	characteristic	characteristic	NOUN
easat-6581	35	3	is	be	AUX
easat-6581	35	4	assigned	assign	VERB
easat-6581	35	5	a	a	DET
easat-6581	35	6	minimum	minimum	ADJ
easat-6581	35	7	and	and	CCONJ
easat-6581	35	8	maximum	maximum	ADJ
easat-6581	35	9	incidence	incidence	NOUN
easat-6581	35	10	on	on	ADP
easat-6581	35	11	the	the	DET
easat-6581	35	12	market	market	NOUN
easat-6581	35	13	price	price	NOUN
easat-6581	35	14	.	.	PUNCT
easat-6581	36	1	by	by	ADP
easat-6581	36	2	comparing	compare	VERB
easat-6581	36	3	the	the	DET
easat-6581	36	4	incidence	incidence	NOUN
easat-6581	36	5	on	on	ADP
easat-6581	36	6	the	the	DET
easat-6581	36	7	market	market	NOUN
easat-6581	36	8	price	price	NOUN
easat-6581	36	9	of	of	ADP
easat-6581	36	10	the	the	DET
easat-6581	36	11	characteristics	characteristic	NOUN
easat-6581	36	12	of	of	ADP
easat-6581	36	13	the	the	DET
easat-6581	36	14	two	two	NUM
easat-6581	36	15	properties	property	NOUN
easat-6581	36	16	,	,	PUNCT
easat-6581	36	17	an	an	DET
easat-6581	36	18	opinion	opinion	NOUN
easat-6581	36	19	of	of	ADP
easat-6581	36	20	value	value	NOUN
easat-6581	36	21	is	be	AUX
easat-6581	36	22	stated	state	VERB
easat-6581	36	23	[	[	X
easat-6581	36	24	18	18	NUM
easat-6581	36	25	]	]	PUNCT
easat-6581	36	26	.	.	PUNCT
easat-6581	37	1	when	when	SCONJ
easat-6581	37	2	the	the	DET
easat-6581	37	3	direct	direct	ADJ
easat-6581	37	4	valuation	valuation	NOUN
easat-6581	37	5	approaches	approach	NOUN
easat-6581	37	6	can	can	AUX
easat-6581	37	7	not	not	PART
easat-6581	37	8	be	be	AUX
easat-6581	37	9	adopted	adopt	VERB
easat-6581	37	10	due	due	ADP
easat-6581	37	11	to	to	ADP
easat-6581	37	12	the	the	DET
easat-6581	37	13	lack	lack	NOUN
easat-6581	37	14	or	or	CCONJ
easat-6581	37	15	insufficiency	insufficiency	NOUN
easat-6581	37	16	of	of	ADP
easat-6581	37	17	comparable	comparable	ADJ
easat-6581	37	18	transactional	transactional	ADJ
easat-6581	37	19	data	datum	NOUN
easat-6581	37	20	,	,	PUNCT
easat-6581	37	21	the	the	DET
easat-6581	37	22	property	property	NOUN
easat-6581	37	23	can	can	AUX
easat-6581	37	24	be	be	AUX
easat-6581	37	25	estimated	estimate	VERB
easat-6581	37	26	indirectly	indirectly	ADV
easat-6581	37	27	.	.	PUNCT
easat-6581	38	1	the	the	DET
easat-6581	38	2	indirect	indirect	ADJ
easat-6581	38	3	approaches	approach	NOUN
easat-6581	38	4	to	to	ADP
easat-6581	38	5	market	market	NOUN
easat-6581	38	6	value	value	NOUN
easat-6581	38	7	appraisal	appraisal	NOUN
easat-6581	38	8	are	be	AUX
easat-6581	38	9	:	:	PUNCT
easat-6581	38	10	a	a	X
easat-6581	38	11	)	)	PUNCT
easat-6581	38	12	income	income	NOUN
easat-6581	38	13	capitalization	capitalization	NOUN
easat-6581	38	14	;	;	PUNCT
easat-6581	38	15	b	b	X
easat-6581	38	16	)	)	PUNCT
easat-6581	38	17	the	the	DET
easat-6581	38	18	approach	approach	NOUN
easat-6581	38	19	derived	derive	VERB
easat-6581	38	20	from	from	ADP
easat-6581	38	21	development	development	NOUN
easat-6581	38	22	value	value	NOUN
easat-6581	38	23	;	;	PUNCT
easat-6581	38	24	and	and	CCONJ
easat-6581	38	25	c	c	X
easat-6581	38	26	)	)	PUNCT
easat-6581	38	27	the	the	DET
easat-6581	38	28	depreciated	depreciate	VERB
easat-6581	38	29	replacement	replacement	NOUN
easat-6581	38	30	cost	cost	NOUN
easat-6581	38	31	.	.	PUNCT
easat-6581	39	1	2426	2426	NUM
easat-6581	39	2	edelweiss	edelweiss	PROPN
easat-6581	39	3	applied	apply	VERB
easat-6581	39	4	science	science	NOUN
easat-6581	39	5	and	and	CCONJ
easat-6581	39	6	technology	technology	NOUN
easat-6581	39	7	issn	issn	PROPN
easat-6581	39	8	:	:	PUNCT
easat-6581	39	9	2576	2576	NUM
easat-6581	39	10	-	-	SYM
easat-6581	39	11	8484	8484	NUM
easat-6581	39	12	vol	vol	NOUN
easat-6581	39	13	.	.	PROPN
easat-6581	40	1	9	9	NUM
easat-6581	40	2	,	,	PUNCT
easat-6581	40	3	no	no	INTJ
easat-6581	40	4	.	.	NOUN
easat-6581	40	5	4	4	NUM
easat-6581	40	6	:	:	SYM
easat-6581	40	7	2424	2424	NUM
easat-6581	40	8	-	-	SYM
easat-6581	40	9	2431	2431	NUM
easat-6581	40	10	,	,	PUNCT
easat-6581	40	11	2025	2025	NUM
easat-6581	40	12	doi	doi	NOUN
easat-6581	40	13	:	:	PUNCT
easat-6581	40	14	10.55214/25768484.v9i4.6581	10.55214/25768484.v9i4.6581	NUM
easat-6581	40	15	©	©	PROPN
easat-6581	40	16	2025	2025	NUM
easat-6581	40	17	by	by	ADP
easat-6581	40	18	the	the	DET
easat-6581	40	19	author	author	NOUN
easat-6581	40	20	;	;	PUNCT
easat-6581	40	21	licensee	licensee	PROPN
easat-6581	40	22	learning	learn	VERB
easat-6581	40	23	gate	gate	PROPN
easat-6581	40	24	income	income	NOUN
easat-6581	40	25	capitalization	capitalization	NOUN
easat-6581	40	26	of	of	ADP
easat-6581	40	27	a	a	DET
easat-6581	40	28	property	property	NOUN
easat-6581	40	29	is	be	AUX
easat-6581	40	30	based	base	VERB
easat-6581	40	31	on	on	ADP
easat-6581	40	32	the	the	DET
easat-6581	40	33	discounting	discounting	NOUN
easat-6581	40	34	of	of	ADP
easat-6581	40	35	the	the	DET
easat-6581	40	36	net	net	ADJ
easat-6581	40	37	,	,	PUNCT
easat-6581	40	38	future	future	ADJ
easat-6581	40	39	,	,	PUNCT
easat-6581	40	40	ordinary	ordinary	ADJ
easat-6581	40	41	,	,	PUNCT
easat-6581	40	42	and	and	CCONJ
easat-6581	40	43	predictable	predictable	ADJ
easat-6581	40	44	income	income	NOUN
easat-6581	40	45	produced	produce	VERB
easat-6581	40	46	by	by	ADP
easat-6581	40	47	a	a	DET
easat-6581	40	48	property	property	NOUN
easat-6581	40	49	for	for	ADP
easat-6581	40	50	a	a	DET
easat-6581	40	51	number	number	NOUN
easat-6581	40	52	of	of	ADP
easat-6581	40	53	years	year	NOUN
easat-6581	40	54	tending	tend	VERB
easat-6581	40	55	to	to	ADP
easat-6581	40	56	infinity	infinity	NOUN
easat-6581	40	57	at	at	ADP
easat-6581	40	58	a	a	DET
easat-6581	40	59	marketdetermined	marketdetermine	VERB
easat-6581	40	60	capitalization	capitalization	NOUN
easat-6581	40	61	rate	rate	NOUN
easat-6581	40	62	[	[	X
easat-6581	40	63	19	19	NUM
easat-6581	40	64	]	]	PUNCT
easat-6581	40	65	.	.	PUNCT
easat-6581	41	1	the	the	DET
easat-6581	41	2	approach	approach	NOUN
easat-6581	41	3	derived	derive	VERB
easat-6581	41	4	by	by	ADP
easat-6581	41	5	development	development	NOUN
easat-6581	41	6	value	value	NOUN
easat-6581	41	7	is	be	AUX
easat-6581	41	8	mainly	mainly	ADV
easat-6581	41	9	applied	apply	VERB
easat-6581	41	10	for	for	ADP
easat-6581	41	11	the	the	DET
easat-6581	41	12	valuation	valuation	NOUN
easat-6581	41	13	of	of	ADP
easat-6581	41	14	land	land	NOUN
easat-6581	41	15	to	to	PART
easat-6581	41	16	be	be	AUX
easat-6581	41	17	developed	develop	VERB
easat-6581	41	18	;	;	PUNCT
easat-6581	41	19	it	it	PRON
easat-6581	41	20	means	mean	VERB
easat-6581	41	21	establishing	establish	VERB
easat-6581	41	22	the	the	DET
easat-6581	41	23	theoretical	theoretical	ADJ
easat-6581	41	24	price	price	NOUN
easat-6581	41	25	that	that	PRON
easat-6581	41	26	an	an	DET
easat-6581	41	27	ordinary	ordinary	ADJ
easat-6581	41	28	entrepreneur	entrepreneur	NOUN
easat-6581	41	29	would	would	AUX
easat-6581	41	30	be	be	AUX
easat-6581	41	31	willing	willing	ADJ
easat-6581	41	32	to	to	PART
easat-6581	41	33	pay	pay	VERB
easat-6581	41	34	to	to	PART
easat-6581	41	35	purchase	purchase	VERB
easat-6581	41	36	the	the	DET
easat-6581	41	37	land	land	NOUN
easat-6581	41	38	in	in	ADP
easat-6581	41	39	order	order	NOUN
easat-6581	41	40	to	to	PART
easat-6581	41	41	complete	complete	VERB
easat-6581	41	42	an	an	DET
easat-6581	41	43	ordinary	ordinary	ADJ
easat-6581	41	44	development	development	NOUN
easat-6581	41	45	and	and	CCONJ
easat-6581	41	46	sell	sell	VERB
easat-6581	41	47	the	the	DET
easat-6581	41	48	developed	develop	VERB
easat-6581	41	49	product	product	NOUN
easat-6581	41	50	.	.	PUNCT
easat-6581	42	1	the	the	DET
easat-6581	42	2	value	value	NOUN
easat-6581	42	3	is	be	AUX
easat-6581	42	4	measured	measure	VERB
easat-6581	42	5	as	as	ADP
easat-6581	42	6	the	the	DET
easat-6581	42	7	discounted	discount	VERB
easat-6581	42	8	difference	difference	NOUN
easat-6581	42	9	between	between	ADP
easat-6581	42	10	expected	expect	VERB
easat-6581	42	11	revenues	revenue	NOUN
easat-6581	42	12	and	and	CCONJ
easat-6581	42	13	development	development	NOUN
easat-6581	42	14	costs	cost	NOUN
easat-6581	42	15	[	[	X
easat-6581	42	16	17	17	NUM
easat-6581	42	17	,	,	PUNCT
easat-6581	42	18	19	19	NUM
easat-6581	42	19	]	]	PUNCT
easat-6581	42	20	.	.	PUNCT
easat-6581	43	1	the	the	DET
easat-6581	43	2	depreciated	depreciate	VERB
easat-6581	43	3	replacement	replacement	NOUN
easat-6581	43	4	cost	cost	NOUN
easat-6581	43	5	of	of	ADP
easat-6581	43	6	a	a	DET
easat-6581	43	7	property	property	NOUN
easat-6581	43	8	is	be	AUX
easat-6581	43	9	defined	define	VERB
easat-6581	43	10	as	as	ADP
easat-6581	43	11	the	the	DET
easat-6581	43	12	current	current	ADJ
easat-6581	43	13	hypothetical	hypothetical	ADJ
easat-6581	43	14	cost	cost	NOUN
easat-6581	43	15	required	require	VERB
easat-6581	43	16	to	to	PART
easat-6581	43	17	produce	produce	VERB
easat-6581	43	18	a	a	DET
easat-6581	43	19	substitute	substitute	ADJ
easat-6581	43	20	property	property	NOUN
easat-6581	43	21	for	for	ADP
easat-6581	43	22	the	the	DET
easat-6581	43	23	existing	exist	VERB
easat-6581	43	24	one	one	NUM
easat-6581	43	25	.	.	PUNCT
easat-6581	44	1	the	the	DET
easat-6581	44	2	replacement	replacement	NOUN
easat-6581	44	3	cost	cost	NOUN
easat-6581	44	4	of	of	ADP
easat-6581	44	5	a	a	DET
easat-6581	44	6	building	building	NOUN
easat-6581	44	7	is	be	AUX
easat-6581	44	8	the	the	DET
easat-6581	44	9	cost	cost	NOUN
easat-6581	44	10	virtually	virtually	ADV
easat-6581	44	11	incurred	incur	VERB
easat-6581	44	12	to	to	PART
easat-6581	44	13	produce	produce	VERB
easat-6581	44	14	a	a	DET
easat-6581	44	15	building	building	NOUN
easat-6581	44	16	similar	similar	ADJ
easat-6581	44	17	to	to	ADP
easat-6581	44	18	the	the	DET
easat-6581	44	19	existing	exist	VERB
easat-6581	44	20	one	one	NOUN
easat-6581	44	21	,	,	PUNCT
easat-6581	44	22	albeit	albeit	SCONJ
easat-6581	44	23	with	with	ADP
easat-6581	44	24	contemporary	contemporary	ADJ
easat-6581	44	25	construction	construction	NOUN
easat-6581	44	26	techniques	technique	NOUN
easat-6581	44	27	,	,	PUNCT
easat-6581	44	28	technology	technology	NOUN
easat-6581	44	29	and	and	CCONJ
easat-6581	44	30	solutions	solution	NOUN
easat-6581	44	31	,	,	PUNCT
easat-6581	44	32	and	and	CCONJ
easat-6581	44	33	reference	reference	NOUN
easat-6581	44	34	to	to	ADP
easat-6581	44	35	current	current	ADJ
easat-6581	44	36	prices	price	NOUN
easat-6581	44	37	,	,	PUNCT
easat-6581	44	38	including	include	VERB
easat-6581	44	39	the	the	DET
easat-6581	44	40	value	value	NOUN
easat-6581	44	41	of	of	ADP
easat-6581	44	42	the	the	DET
easat-6581	44	43	building	building	NOUN
easat-6581	44	44	area	area	NOUN
easat-6581	44	45	as	as	SCONJ
easat-6581	44	46	if	if	SCONJ
easat-6581	44	47	it	it	PRON
easat-6581	44	48	were	be	AUX
easat-6581	44	49	vacant	vacant	ADJ
easat-6581	44	50	and	and	CCONJ
easat-6581	44	51	according	accord	VERB
easat-6581	44	52	to	to	ADP
easat-6581	44	53	its	its	PRON
easat-6581	44	54	highest	high	ADJ
easat-6581	44	55	and	and	CCONJ
easat-6581	44	56	best	good	ADJ
easat-6581	44	57	use	use	NOUN
easat-6581	44	58	(	(	PUNCT
easat-6581	44	59	hbu	hbu	NOUN
easat-6581	44	60	)	)	PUNCT
easat-6581	44	61	.	.	PUNCT
easat-6581	45	1	finally	finally	ADV
easat-6581	45	2	,	,	PUNCT
easat-6581	45	3	the	the	DET
easat-6581	45	4	depreciation	depreciation	NOUN
easat-6581	45	5	,	,	PUNCT
easat-6581	45	6	which	which	PRON
easat-6581	45	7	takes	take	VERB
easat-6581	45	8	into	into	ADP
easat-6581	45	9	account	account	NOUN
easat-6581	45	10	the	the	DET
easat-6581	45	11	expenses	expense	NOUN
easat-6581	45	12	that	that	PRON
easat-6581	45	13	would	would	AUX
easat-6581	45	14	be	be	AUX
easat-6581	45	15	required	require	VERB
easat-6581	45	16	to	to	PART
easat-6581	45	17	bring	bring	VERB
easat-6581	45	18	the	the	DET
easat-6581	45	19	existing	exist	VERB
easat-6581	45	20	building	building	NOUN
easat-6581	45	21	back	back	ADV
easat-6581	45	22	to	to	PART
easat-6581	45	23	be	be	AUX
easat-6581	45	24	identical	identical	ADJ
easat-6581	45	25	to	to	ADP
easat-6581	45	26	the	the	DET
easat-6581	45	27	substitute	substitute	NOUN
easat-6581	45	28	building	building	NOUN
easat-6581	46	1	[	[	X
easat-6581	46	2	16	16	NUM
easat-6581	46	3	]	]	PUNCT
easat-6581	46	4	is	be	AUX
easat-6581	46	5	deducted	deduct	VERB
easat-6581	46	6	from	from	ADP
easat-6581	46	7	the	the	DET
easat-6581	46	8	replacement	replacement	NOUN
easat-6581	46	9	cost	cost	NOUN
easat-6581	46	10	.	.	PUNCT
easat-6581	47	1	2.2	2.2	NUM
easat-6581	47	2	.	.	PUNCT
easat-6581	47	3	property	property	NOUN
easat-6581	47	4	valuation	valuation	NOUN
easat-6581	47	5	methods	method	NOUN
easat-6581	47	6	in	in	ADP
easat-6581	47	7	international	international	ADJ
easat-6581	47	8	practice	practice	NOUN
easat-6581	47	9	for	for	ADP
easat-6581	47	10	the	the	DET
easat-6581	47	11	estimation	estimation	NOUN
easat-6581	47	12	of	of	ADP
easat-6581	47	13	a	a	DET
easat-6581	47	14	property	property	NOUN
easat-6581	47	15	market	market	NOUN
easat-6581	47	16	value	value	NOUN
easat-6581	47	17	,	,	PUNCT
easat-6581	47	18	in	in	ADP
easat-6581	47	19	the	the	DET
easat-6581	47	20	international	international	ADJ
easat-6581	47	21	practice	practice	NOUN
easat-6581	47	22	different	different	ADJ
easat-6581	47	23	approaches	approach	NOUN
easat-6581	47	24	can	can	AUX
easat-6581	47	25	be	be	AUX
easat-6581	47	26	employed	employ	VERB
easat-6581	47	27	.	.	PUNCT
easat-6581	48	1	in	in	ADP
easat-6581	48	2	the	the	DET
easat-6581	48	3	united	united	ADJ
easat-6581	48	4	kingdom	kingdom	NOUN
easat-6581	48	5	,	,	PUNCT
easat-6581	48	6	traditionally	traditionally	ADV
easat-6581	48	7	,	,	PUNCT
easat-6581	48	8	there	there	PRON
easat-6581	48	9	are	be	VERB
easat-6581	48	10	five	five	NUM
easat-6581	48	11	valuation	valuation	NOUN
easat-6581	48	12	methods	method	NOUN
easat-6581	48	13	[	[	X
easat-6581	48	14	20	20	NUM
easat-6581	48	15	]	]	SYM
easat-6581	48	16	:	:	PUNCT
easat-6581	48	17	•	•	NUM
easat-6581	48	18	comparative	comparative	ADJ
easat-6581	48	19	method	method	NOUN
easat-6581	48	20	,	,	PUNCT
easat-6581	48	21	based	base	VERB
easat-6581	48	22	on	on	ADP
easat-6581	48	23	the	the	DET
easat-6581	48	24	comparison	comparison	NOUN
easat-6581	48	25	of	of	ADP
easat-6581	48	26	the	the	DET
easat-6581	48	27	sales	sale	NOUN
easat-6581	48	28	prices	price	NOUN
easat-6581	48	29	recorded	record	VERB
easat-6581	48	30	in	in	ADP
easat-6581	48	31	recent	recent	ADJ
easat-6581	48	32	market	market	NOUN
easat-6581	48	33	transactions	transaction	NOUN
easat-6581	48	34	for	for	ADP
easat-6581	48	35	properties	property	NOUN
easat-6581	48	36	similar	similar	ADJ
easat-6581	48	37	to	to	ADP
easat-6581	48	38	the	the	DET
easat-6581	48	39	property	property	NOUN
easat-6581	48	40	to	to	PART
easat-6581	48	41	be	be	AUX
easat-6581	48	42	valued	value	VERB
easat-6581	48	43	;	;	PUNCT
easat-6581	48	44	•	•	NUM
easat-6581	48	45	investment	investment	NOUN
easat-6581	48	46	/	/	SYM
easat-6581	48	47	income	income	NOUN
easat-6581	48	48	method	method	NOUN
easat-6581	48	49	,	,	PUNCT
easat-6581	48	50	the	the	DET
easat-6581	48	51	annual	annual	ADJ
easat-6581	48	52	net	net	ADJ
easat-6581	48	53	income	income	NOUN
easat-6581	48	54	generated	generate	VERB
easat-6581	48	55	by	by	ADP
easat-6581	48	56	a	a	DET
easat-6581	48	57	property	property	NOUN
easat-6581	48	58	is	be	AUX
easat-6581	48	59	converted	convert	VERB
easat-6581	48	60	into	into	ADP
easat-6581	48	61	market	market	NOUN
easat-6581	48	62	value	value	NOUN
easat-6581	48	63	by	by	ADP
easat-6581	48	64	dividing	divide	VERB
easat-6581	48	65	it	it	PRON
easat-6581	48	66	by	by	ADP
easat-6581	48	67	a	a	DET
easat-6581	48	68	capitalization	capitalization	NOUN
easat-6581	48	69	rate	rate	NOUN
easat-6581	48	70	that	that	PRON
easat-6581	48	71	takes	take	VERB
easat-6581	48	72	into	into	ADP
easat-6581	48	73	account	account	NOUN
easat-6581	48	74	the	the	DET
easat-6581	48	75	average	average	ADJ
easat-6581	48	76	annual	annual	ADJ
easat-6581	48	77	yield	yield	NOUN
easat-6581	48	78	of	of	ADP
easat-6581	48	79	the	the	DET
easat-6581	48	80	property	property	NOUN
easat-6581	48	81	and	and	CCONJ
easat-6581	48	82	the	the	DET
easat-6581	48	83	level	level	NOUN
easat-6581	48	84	of	of	ADP
easat-6581	48	85	associated	associated	ADJ
easat-6581	48	86	risk	risk	NOUN
easat-6581	48	87	;	;	PUNCT
easat-6581	48	88	•	•	NUM
easat-6581	48	89	accounts	account	NOUN
easat-6581	48	90	/	/	SYM
easat-6581	48	91	profits	profit	NOUN
easat-6581	48	92	method	method	NOUN
easat-6581	48	93	,	,	PUNCT
easat-6581	48	94	used	use	VERB
easat-6581	48	95	for	for	ADP
easat-6581	48	96	special	special	ADJ
easat-6581	48	97	properties	property	NOUN
easat-6581	48	98	(	(	PUNCT
easat-6581	48	99	such	such	ADJ
easat-6581	48	100	as	as	ADP
easat-6581	48	101	hotels	hotel	NOUN
easat-6581	48	102	,	,	PUNCT
easat-6581	48	103	sport	sport	NOUN
easat-6581	48	104	centres	centre	NOUN
easat-6581	48	105	,	,	PUNCT
easat-6581	48	106	restaurants	restaurant	NOUN
easat-6581	48	107	,	,	PUNCT
easat-6581	48	108	etc	etc	X
easat-6581	48	109	.	.	X
easat-6581	48	110	)	)	PUNCT
easat-6581	48	111	,	,	PUNCT
easat-6581	48	112	on	on	ADP
easat-6581	48	113	the	the	DET
easat-6581	48	114	basis	basis	NOUN
easat-6581	48	115	of	of	ADP
easat-6581	48	116	the	the	DET
easat-6581	48	117	net	net	ADJ
easat-6581	48	118	operating	operating	NOUN
easat-6581	48	119	income	income	NOUN
easat-6581	48	120	of	of	ADP
easat-6581	48	121	the	the	DET
easat-6581	48	122	business	business	NOUN
easat-6581	48	123	located	locate	VERB
easat-6581	48	124	in	in	ADP
easat-6581	48	125	the	the	DET
easat-6581	48	126	property	property	NOUN
easat-6581	48	127	,	,	PUNCT
easat-6581	48	128	converted	convert	VERB
easat-6581	48	129	into	into	ADP
easat-6581	48	130	present	present	ADJ
easat-6581	48	131	value	value	NOUN
easat-6581	48	132	by	by	ADP
easat-6581	48	133	dividing	divide	VERB
easat-6581	48	134	it	it	PRON
easat-6581	48	135	by	by	ADP
easat-6581	48	136	an	an	DET
easat-6581	48	137	appropriate	appropriate	ADJ
easat-6581	48	138	capitalization	capitalization	NOUN
easat-6581	48	139	rate	rate	NOUN
easat-6581	48	140	;	;	PUNCT
easat-6581	48	141	•	•	NUM
easat-6581	48	142	development	development	NOUN
easat-6581	48	143	/	/	SYM
easat-6581	48	144	residual	residual	ADJ
easat-6581	48	145	method	method	NOUN
easat-6581	48	146	,	,	PUNCT
easat-6581	48	147	based	base	VERB
easat-6581	48	148	on	on	ADP
easat-6581	48	149	the	the	DET
easat-6581	48	150	difference	difference	NOUN
easat-6581	48	151	between	between	ADP
easat-6581	48	152	the	the	DET
easat-6581	48	153	market	market	NOUN
easat-6581	48	154	value	value	NOUN
easat-6581	48	155	of	of	ADP
easat-6581	48	156	the	the	DET
easat-6581	48	157	output	output	NOUN
easat-6581	48	158	of	of	ADP
easat-6581	48	159	the	the	DET
easat-6581	48	160	development	development	NOUN
easat-6581	48	161	(	(	PUNCT
easat-6581	48	162	the	the	DET
easat-6581	48	163	gross	gross	ADJ
easat-6581	48	164	development	development	NOUN
easat-6581	48	165	value	value	NOUN
easat-6581	48	166	)	)	PUNCT
easat-6581	48	167	and	and	CCONJ
easat-6581	48	168	the	the	DET
easat-6581	48	169	costs	cost	NOUN
easat-6581	48	170	of	of	ADP
easat-6581	48	171	development	development	NOUN
easat-6581	48	172	,	,	PUNCT
easat-6581	48	173	including	include	VERB
easat-6581	48	174	the	the	DET
easat-6581	48	175	developer	developer	NOUN
easat-6581	48	176	's	's	PART
easat-6581	48	177	profit	profit	NOUN
easat-6581	48	178	;	;	PUNCT
easat-6581	48	179	•	•	NUM
easat-6581	48	180	contractor	contractor	NOUN
easat-6581	48	181	/	/	SYM
easat-6581	48	182	cost	cost	NOUN
easat-6581	48	183	method	method	NOUN
easat-6581	48	184	,	,	PUNCT
easat-6581	48	185	through	through	ADP
easat-6581	48	186	the	the	DET
easat-6581	48	187	estimate	estimate	NOUN
easat-6581	48	188	of	of	ADP
easat-6581	48	189	the	the	DET
easat-6581	48	190	production	production	NOUN
easat-6581	48	191	cost	cost	NOUN
easat-6581	48	192	of	of	ADP
easat-6581	48	193	an	an	DET
easat-6581	48	194	equivalent	equivalent	ADJ
easat-6581	48	195	building	building	NOUN
easat-6581	48	196	to	to	ADP
easat-6581	48	197	the	the	DET
easat-6581	48	198	property	property	NOUN
easat-6581	48	199	to	to	PART
easat-6581	48	200	be	be	AUX
easat-6581	48	201	valued	value	VERB
easat-6581	48	202	,	,	PUNCT
easat-6581	48	203	depreciated	depreciate	VERB
easat-6581	48	204	for	for	ADP
easat-6581	48	205	age	age	NOUN
easat-6581	48	206	,	,	PUNCT
easat-6581	48	207	state	state	NOUN
easat-6581	48	208	of	of	ADP
easat-6581	48	209	conservation	conservation	NOUN
easat-6581	48	210	and	and	CCONJ
easat-6581	48	211	obsolescence	obsolescence	NOUN
easat-6581	48	212	.	.	PUNCT
easat-6581	49	1	the	the	DET
easat-6581	49	2	valuation	valuation	NOUN
easat-6581	49	3	methods	method	NOUN
easat-6581	49	4	used	use	VERB
easat-6581	49	5	in	in	ADP
easat-6581	49	6	france	france	PROPN
easat-6581	49	7	can	can	AUX
easat-6581	49	8	be	be	AUX
easat-6581	49	9	assimilated	assimilate	VERB
easat-6581	49	10	,	,	PUNCT
easat-6581	49	11	in	in	ADP
easat-6581	49	12	some	some	DET
easat-6581	49	13	ways	way	NOUN
easat-6581	49	14	,	,	PUNCT
easat-6581	49	15	to	to	ADP
easat-6581	49	16	the	the	DET
easat-6581	49	17	british	british	ADJ
easat-6581	49	18	methods	method	NOUN
easat-6581	49	19	:	:	PUNCT
easat-6581	49	20	méthodes	méthode	VERB
easat-6581	49	21	par	par	PROPN
easat-6581	49	22	comparaison	comparaison	PROPN
easat-6581	49	23	directe	directe	PROPN
easat-6581	49	24	(	(	PUNCT
easat-6581	49	25	or	or	CCONJ
easat-6581	49	26	méthodes	méthode	VERB
easat-6581	49	27	par	par	PROPN
easat-6581	49	28	le	le	X
easat-6581	49	29	marché	marché	PROPN
easat-6581	49	30	)	)	PUNCT
easat-6581	49	31	;	;	PUNCT
easat-6581	49	32	earnings	earning	NOUN
easat-6581	49	33	methods	method	NOUN
easat-6581	49	34	;	;	PUNCT
easat-6581	49	35	“	"	PUNCT
easat-6581	49	36	professional	professional	ADJ
easat-6581	49	37	”	"	PUNCT
easat-6581	49	38	methods	method	NOUN
easat-6581	49	39	;	;	PUNCT
easat-6581	49	40	replacement	replacement	NOUN
easat-6581	49	41	cost	cost	NOUN
easat-6581	49	42	methods	method	NOUN
easat-6581	49	43	;	;	PUNCT
easat-6581	49	44	“	"	PUNCT
easat-6581	49	45	bilan	bilan	PROPN
easat-6581	49	46	-	-	PUNCT
easat-6581	49	47	promoteur	promoteur	PROPN
easat-6581	49	48	”	"	PUNCT
easat-6581	49	49	or	or	CCONJ
easat-6581	49	50	recovery	recovery	NOUN
easat-6581	49	51	foncière	foncière	VERB
easat-6581	49	52	methods	method	NOUN
easat-6581	49	53	[	[	X
easat-6581	49	54	21	21	NUM
easat-6581	49	55	]	]	PUNCT
easat-6581	49	56	.	.	PUNCT
easat-6581	50	1	in	in	ADP
easat-6581	50	2	the	the	DET
easat-6581	50	3	united	united	PROPN
easat-6581	50	4	states	states	PROPN
easat-6581	50	5	of	of	ADP
easat-6581	50	6	america	america	PROPN
easat-6581	50	7	,	,	PUNCT
easat-6581	50	8	three	three	NUM
easat-6581	50	9	approaches	approach	NOUN
easat-6581	50	10	to	to	ADP
easat-6581	50	11	value	value	NOUN
easat-6581	50	12	are	be	AUX
easat-6581	50	13	mentioned	mention	VERB
easat-6581	50	14	[	[	X
easat-6581	50	15	22	22	NUM
easat-6581	50	16	,	,	PUNCT
easat-6581	50	17	23	23	NUM
easat-6581	50	18	]	]	SYM
easat-6581	50	19	:	:	PUNCT
easat-6581	50	20	•	•	NUM
easat-6581	50	21	sales	sale	NOUN
easat-6581	50	22	comparison	comparison	NOUN
easat-6581	50	23	approach	approach	NOUN
easat-6581	50	24	(	(	PUNCT
easat-6581	50	25	sca	sca	PROPN
easat-6581	50	26	)	)	PUNCT
easat-6581	50	27	,	,	PUNCT
easat-6581	50	28	assuming	assume	VERB
easat-6581	50	29	that	that	SCONJ
easat-6581	50	30	the	the	DET
easat-6581	50	31	market	market	NOUN
easat-6581	50	32	value	value	NOUN
easat-6581	50	33	of	of	ADP
easat-6581	50	34	a	a	DET
easat-6581	50	35	property	property	NOUN
easat-6581	50	36	is	be	AUX
easat-6581	50	37	a	a	DET
easat-6581	50	38	function	function	NOUN
easat-6581	50	39	of	of	ADP
easat-6581	50	40	a	a	DET
easat-6581	50	41	series	series	NOUN
easat-6581	50	42	of	of	ADP
easat-6581	50	43	characteristics	characteristic	NOUN
easat-6581	50	44	and	and	CCONJ
easat-6581	50	45	that	that	SCONJ
easat-6581	50	46	two	two	NUM
easat-6581	50	47	identical	identical	ADJ
easat-6581	50	48	properties	property	NOUN
easat-6581	50	49	in	in	ADP
easat-6581	50	50	all	all	DET
easat-6581	50	51	respects	respect	NOUN
easat-6581	50	52	,	,	PUNCT
easat-6581	50	53	in	in	ADP
easat-6581	50	54	the	the	DET
easat-6581	50	55	same	same	ADJ
easat-6581	50	56	market	market	NOUN
easat-6581	50	57	area	area	NOUN
easat-6581	50	58	,	,	PUNCT
easat-6581	50	59	on	on	ADP
easat-6581	50	60	the	the	DET
easat-6581	50	61	same	same	ADJ
easat-6581	50	62	date	date	NOUN
easat-6581	50	63	will	will	AUX
easat-6581	50	64	have	have	VERB
easat-6581	50	65	the	the	DET
easat-6581	50	66	same	same	ADJ
easat-6581	50	67	sale	sale	NOUN
easat-6581	50	68	price	price	NOUN
easat-6581	50	69	;	;	PUNCT
easat-6581	50	70	•	•	NUM
easat-6581	50	71	income	income	NOUN
easat-6581	50	72	capitalization	capitalization	NOUN
easat-6581	50	73	approach	approach	NOUN
easat-6581	50	74	(	(	PUNCT
easat-6581	50	75	ica	ica	PROPN
easat-6581	50	76	)	)	PUNCT
easat-6581	50	77	,	,	PUNCT
easat-6581	50	78	assuming	assume	VERB
easat-6581	50	79	that	that	SCONJ
easat-6581	50	80	the	the	DET
easat-6581	50	81	value	value	NOUN
easat-6581	50	82	of	of	ADP
easat-6581	50	83	a	a	DET
easat-6581	50	84	property	property	NOUN
easat-6581	50	85	is	be	AUX
easat-6581	50	86	related	relate	VERB
easat-6581	50	87	to	to	ADP
easat-6581	50	88	the	the	DET
easat-6581	50	89	stream	stream	NOUN
easat-6581	50	90	of	of	ADP
easat-6581	50	91	income	income	NOUN
easat-6581	50	92	produced	produce	VERB
easat-6581	50	93	during	during	ADP
easat-6581	50	94	its	its	PRON
easat-6581	50	95	economic	economic	ADJ
easat-6581	50	96	life	life	NOUN
easat-6581	50	97	,	,	PUNCT
easat-6581	50	98	appropriately	appropriately	ADV
easat-6581	50	99	discounted	discount	VERB
easat-6581	50	100	by	by	ADP
easat-6581	50	101	a	a	DET
easat-6581	50	102	risk	risk	NOUN
easat-6581	50	103	rate	rate	NOUN
easat-6581	50	104	derived	derive	VERB
easat-6581	50	105	from	from	ADP
easat-6581	50	106	the	the	DET
easat-6581	50	107	market	market	NOUN
easat-6581	50	108	;	;	PUNCT
easat-6581	50	109	the	the	DET
easat-6581	50	110	market	market	NOUN
easat-6581	50	111	value	value	NOUN
easat-6581	50	112	can	can	AUX
easat-6581	50	113	be	be	AUX
easat-6581	50	114	obtained	obtain	VERB
easat-6581	50	115	by	by	ADP
easat-6581	50	116	direct	direct	ADJ
easat-6581	50	117	capitalization	capitalization	NOUN
easat-6581	50	118	(	(	PUNCT
easat-6581	50	119	directly	directly	ADV
easat-6581	50	120	converting	convert	VERB
easat-6581	50	121	the	the	DET
easat-6581	50	122	income	income	NOUN
easat-6581	50	123	of	of	ADP
easat-6581	50	124	a	a	DET
easat-6581	50	125	single	single	ADJ
easat-6581	50	126	year	year	NOUN
easat-6581	50	127	into	into	ADP
easat-6581	50	128	market	market	NOUN
easat-6581	50	129	value	value	NOUN
easat-6581	50	130	using	use	VERB
easat-6581	50	131	an	an	DET
easat-6581	50	132	appropriate	appropriate	ADJ
easat-6581	50	133	capitalization	capitalization	NOUN
easat-6581	50	134	rate	rate	NOUN
easat-6581	50	135	or	or	CCONJ
easat-6581	50	136	a	a	DET
easat-6581	50	137	multiplier	multiplier	NOUN
easat-6581	50	138	)	)	PUNCT
easat-6581	50	139	or	or	CCONJ
easat-6581	50	140	through	through	ADP
easat-6581	50	141	yield	yield	NOUN
easat-6581	50	142	capitalization	capitalization	NOUN
easat-6581	50	143	(	(	PUNCT
easat-6581	50	144	the	the	DET
easat-6581	50	145	discounted	discount	VERB
easat-6581	50	146	sum	sum	NOUN
easat-6581	50	147	of	of	ADP
easat-6581	50	148	the	the	DET
easat-6581	50	149	net	net	ADJ
easat-6581	50	150	cash	cash	NOUN
easat-6581	50	151	flows	flow	NOUN
easat-6581	50	152	generated	generate	VERB
easat-6581	50	153	by	by	ADP
easat-6581	50	154	the	the	DET
easat-6581	50	155	property	property	NOUN
easat-6581	50	156	during	during	ADP
easat-6581	50	157	a	a	DET
easat-6581	50	158	holding	hold	VERB
easat-6581	50	159	period	period	NOUN
easat-6581	50	160	)	)	PUNCT
easat-6581	50	161	;	;	PUNCT
easat-6581	50	162	•	•	NUM
easat-6581	50	163	cost	cost	NOUN
easat-6581	50	164	approach	approach	NOUN
easat-6581	50	165	,	,	PUNCT
easat-6581	50	166	based	base	VERB
easat-6581	50	167	on	on	ADP
easat-6581	50	168	the	the	DET
easat-6581	50	169	cost	cost	NOUN
easat-6581	50	170	to	to	PART
easat-6581	50	171	rebuild	rebuild	VERB
easat-6581	50	172	a	a	DET
easat-6581	50	173	substitute	substitute	NOUN
easat-6581	50	174	property	property	NOUN
easat-6581	50	175	.	.	PUNCT
easat-6581	51	1	in	in	ADP
easat-6581	51	2	the	the	DET
easat-6581	51	3	united	united	PROPN
easat-6581	51	4	states	states	PROPN
easat-6581	51	5	,	,	PUNCT
easat-6581	51	6	the	the	DET
easat-6581	51	7	profits	profit	NOUN
easat-6581	51	8	method	method	NOUN
easat-6581	51	9	and	and	CCONJ
easat-6581	51	10	the	the	DET
easat-6581	51	11	residual	residual	ADJ
easat-6581	51	12	method	method	NOUN
easat-6581	51	13	are	be	AUX
easat-6581	51	14	not	not	PART
easat-6581	51	15	mentioned	mention	VERB
easat-6581	51	16	as	as	ADP
easat-6581	51	17	autonomous	autonomous	ADJ
easat-6581	51	18	appraisal	appraisal	NOUN
easat-6581	51	19	methods	method	NOUN
easat-6581	51	20	,	,	PUNCT
easat-6581	51	21	but	but	CCONJ
easat-6581	51	22	are	be	AUX
easat-6581	51	23	considered	consider	VERB
easat-6581	51	24	special	special	ADJ
easat-6581	51	25	cases	case	NOUN
easat-6581	51	26	in	in	ADP
easat-6581	51	27	the	the	DET
easat-6581	51	28	ica	ica	PROPN
easat-6581	51	29	.	.	PUNCT
easat-6581	52	1	a	a	DET
easat-6581	52	2	further	further	ADJ
easat-6581	52	3	difference	difference	NOUN
easat-6581	52	4	between	between	ADP
easat-6581	52	5	european	european	PROPN
easat-6581	52	6	and	and	CCONJ
easat-6581	52	7	us	we	PRON
easat-6581	52	8	practice	practice	NOUN
easat-6581	52	9	is	be	AUX
easat-6581	52	10	the	the	DET
easat-6581	52	11	distinction	distinction	NOUN
easat-6581	52	12	,	,	PUNCT
easat-6581	52	13	within	within	ADP
easat-6581	52	14	the	the	DET
easat-6581	52	15	ica	ica	PROPN
easat-6581	52	16	,	,	PUNCT
easat-6581	52	17	between	between	ADP
easat-6581	52	18	direct	direct	ADJ
easat-6581	52	19	capitalization	capitalization	NOUN
easat-6581	52	20	and	and	CCONJ
easat-6581	52	21	yield	yield	VERB
easat-6581	52	22	2427	2427	NUM
easat-6581	52	23	edelweiss	edelweiss	PROPN
easat-6581	52	24	applied	apply	VERB
easat-6581	52	25	science	science	NOUN
easat-6581	52	26	and	and	CCONJ
easat-6581	52	27	technology	technology	NOUN
easat-6581	52	28	issn	issn	PROPN
easat-6581	52	29	:	:	PUNCT
easat-6581	52	30	2576	2576	NUM
easat-6581	52	31	-	-	SYM
easat-6581	52	32	8484	8484	NUM
easat-6581	52	33	vol	vol	NOUN
easat-6581	52	34	.	.	PROPN
easat-6581	53	1	9	9	NUM
easat-6581	53	2	,	,	PUNCT
easat-6581	53	3	no	no	INTJ
easat-6581	53	4	.	.	NOUN
easat-6581	53	5	4	4	NUM
easat-6581	53	6	:	:	SYM
easat-6581	53	7	2424	2424	NUM
easat-6581	53	8	-	-	SYM
easat-6581	53	9	2431	2431	NUM
easat-6581	53	10	,	,	PUNCT
easat-6581	53	11	2025	2025	NUM
easat-6581	53	12	doi	doi	NOUN
easat-6581	53	13	:	:	PUNCT
easat-6581	53	14	10.55214/25768484.v9i4.6581	10.55214/25768484.v9i4.6581	NUM
easat-6581	53	15	©	©	PROPN
easat-6581	53	16	2025	2025	NUM
easat-6581	53	17	by	by	ADP
easat-6581	53	18	the	the	DET
easat-6581	53	19	author	author	NOUN
easat-6581	53	20	;	;	PUNCT
easat-6581	53	21	licensee	licensee	PROPN
easat-6581	53	22	learning	learning	PROPN
easat-6581	53	23	gate	gate	PROPN
easat-6581	53	24	capitalization	capitalization	NOUN
easat-6581	53	25	.	.	PUNCT
easat-6581	54	1	the	the	DET
easat-6581	54	2	latter	latter	ADJ
easat-6581	54	3	derives	derive	VERB
easat-6581	54	4	from	from	ADP
easat-6581	54	5	the	the	DET
easat-6581	54	6	financial	financial	ADJ
easat-6581	54	7	analysis	analysis	NOUN
easat-6581	54	8	of	of	ADP
easat-6581	54	9	investments	investment	NOUN
easat-6581	54	10	and	and	CCONJ
easat-6581	54	11	is	be	AUX
easat-6581	54	12	absent	absent	ADJ
easat-6581	54	13	in	in	ADP
easat-6581	54	14	traditional	traditional	ADJ
easat-6581	54	15	european	european	ADJ
easat-6581	54	16	valuation	valuation	NOUN
easat-6581	54	17	methods	method	NOUN
easat-6581	54	18	.	.	PUNCT
easat-6581	55	1	3	3	X
easat-6581	55	2	.	.	NOUN
easat-6581	55	3	results	result	NOUN
easat-6581	55	4	and	and	CCONJ
easat-6581	55	5	discussion	discussion	NOUN
easat-6581	55	6	with	with	ADP
easat-6581	55	7	reference	reference	NOUN
easat-6581	55	8	to	to	ADP
easat-6581	55	9	international	international	ADJ
easat-6581	55	10	valuation	valuation	NOUN
easat-6581	55	11	methods	method	NOUN
easat-6581	55	12	,	,	PUNCT
easat-6581	55	13	it	it	PRON
easat-6581	55	14	can	can	AUX
easat-6581	55	15	be	be	AUX
easat-6581	55	16	observed	observe	VERB
easat-6581	55	17	that	that	SCONJ
easat-6581	55	18	the	the	DET
easat-6581	55	19	italian	italian	ADJ
easat-6581	55	20	valuation	valuation	NOUN
easat-6581	55	21	tradition	tradition	NOUN
easat-6581	55	22	does	do	AUX
easat-6581	55	23	not	not	PART
easat-6581	55	24	present	present	VERB
easat-6581	55	25	substantial	substantial	ADJ
easat-6581	55	26	differences	difference	NOUN
easat-6581	55	27	;	;	PUNCT
easat-6581	55	28	it	it	PRON
easat-6581	55	29	can	can	AUX
easat-6581	55	30	be	be	AUX
easat-6581	55	31	said	say	VERB
easat-6581	55	32	that	that	SCONJ
easat-6581	55	33	most	most	ADJ
easat-6581	55	34	of	of	ADP
easat-6581	55	35	the	the	DET
easat-6581	55	36	valuation	valuation	NOUN
easat-6581	55	37	approaches	approach	NOUN
easat-6581	55	38	are	be	AUX
easat-6581	55	39	also	also	ADV
easat-6581	55	40	present	present	ADJ
easat-6581	55	41	in	in	ADP
easat-6581	55	42	the	the	DET
easat-6581	55	43	italian	italian	ADJ
easat-6581	55	44	tradition	tradition	NOUN
easat-6581	55	45	.	.	PUNCT
easat-6581	56	1	the	the	DET
easat-6581	56	2	italian	italian	ADJ
easat-6581	56	3	valuation	valuation	NOUN
easat-6581	56	4	practice	practice	NOUN
easat-6581	56	5	has	have	VERB
easat-6581	56	6	many	many	ADJ
easat-6581	56	7	aspects	aspect	NOUN
easat-6581	56	8	in	in	ADP
easat-6581	56	9	common	common	ADJ
easat-6581	56	10	with	with	ADP
easat-6581	56	11	the	the	DET
easat-6581	56	12	european	european	PROPN
easat-6581	56	13	valuation	valuation	NOUN
easat-6581	56	14	practice	practice	NOUN
easat-6581	56	15	;	;	PUNCT
easat-6581	56	16	as	as	ADP
easat-6581	56	17	for	for	ADP
easat-6581	56	18	the	the	DET
easat-6581	56	19	latter	latter	ADJ
easat-6581	56	20	,	,	PUNCT
easat-6581	56	21	even	even	ADV
easat-6581	56	22	in	in	ADP
easat-6581	56	23	the	the	DET
easat-6581	56	24	italian	italian	ADJ
easat-6581	56	25	tradition	tradition	NOUN
easat-6581	56	26	yield	yield	NOUN
easat-6581	56	27	capitalization	capitalization	NOUN
easat-6581	56	28	is	be	AUX
easat-6581	56	29	absent	absent	ADJ
easat-6581	56	30	;	;	PUNCT
easat-6581	56	31	in	in	ADP
easat-6581	56	32	fact	fact	NOUN
easat-6581	56	33	,	,	PUNCT
easat-6581	56	34	it	it	PRON
easat-6581	56	35	derives	derive	VERB
easat-6581	56	36	from	from	ADP
easat-6581	56	37	the	the	DET
easat-6581	56	38	field	field	NOUN
easat-6581	56	39	of	of	ADP
easat-6581	56	40	investment	investment	NOUN
easat-6581	56	41	valuation	valuation	NOUN
easat-6581	56	42	and	and	CCONJ
easat-6581	56	43	the	the	DET
easat-6581	56	44	financial	financial	ADJ
easat-6581	56	45	world	world	NOUN
easat-6581	56	46	and	and	CCONJ
easat-6581	56	47	not	not	PART
easat-6581	56	48	from	from	ADP
easat-6581	56	49	the	the	DET
easat-6581	56	50	practice	practice	NOUN
easat-6581	56	51	of	of	ADP
easat-6581	56	52	real	real	ADJ
easat-6581	56	53	estate	estate	NOUN
easat-6581	56	54	valuation	valuation	NOUN
easat-6581	56	55	.	.	PUNCT
easat-6581	57	1	operationally	operationally	ADV
easat-6581	57	2	,	,	PUNCT
easat-6581	57	3	the	the	DET
easat-6581	57	4	international	international	ADJ
easat-6581	57	5	methods	method	NOUN
easat-6581	57	6	present	present	VERB
easat-6581	57	7	some	some	DET
easat-6581	57	8	specific	specific	ADJ
easat-6581	57	9	characteristics	characteristic	NOUN
easat-6581	57	10	that	that	PRON
easat-6581	57	11	derive	derive	VERB
easat-6581	57	12	from	from	ADP
easat-6581	57	13	the	the	DET
easat-6581	57	14	traditions	tradition	NOUN
easat-6581	57	15	and	and	CCONJ
easat-6581	57	16	local	local	ADJ
easat-6581	57	17	conditions	condition	NOUN
easat-6581	57	18	of	of	ADP
easat-6581	57	19	the	the	DET
easat-6581	57	20	individual	individual	ADJ
easat-6581	57	21	countries	country	NOUN
easat-6581	57	22	;	;	PUNCT
easat-6581	57	23	therefore	therefore	ADV
easat-6581	57	24	,	,	PUNCT
easat-6581	57	25	the	the	DET
easat-6581	57	26	differences	difference	NOUN
easat-6581	57	27	with	with	ADP
easat-6581	57	28	the	the	DET
easat-6581	57	29	italian	italian	ADJ
easat-6581	57	30	valuation	valuation	NOUN
easat-6581	57	31	procedures	procedure	NOUN
easat-6581	57	32	are	be	AUX
easat-6581	57	33	mainly	mainly	ADV
easat-6581	57	34	based	base	VERB
easat-6581	57	35	on	on	ADP
easat-6581	57	36	these	these	DET
easat-6581	57	37	elements	element	NOUN
easat-6581	57	38	.	.	PUNCT
easat-6581	58	1	on	on	ADP
easat-6581	58	2	the	the	DET
easat-6581	58	3	basis	basis	NOUN
easat-6581	58	4	of	of	ADP
easat-6581	58	5	a	a	DET
easat-6581	58	6	critical	critical	ADJ
easat-6581	58	7	analysis	analysis	NOUN
easat-6581	58	8	and	and	CCONJ
easat-6581	58	9	comparison	comparison	NOUN
easat-6581	58	10	,	,	PUNCT
easat-6581	58	11	the	the	DET
easat-6581	58	12	analogies	analogy	NOUN
easat-6581	58	13	and	and	CCONJ
easat-6581	58	14	main	main	ADJ
easat-6581	58	15	differences	difference	NOUN
easat-6581	58	16	between	between	ADP
easat-6581	58	17	the	the	DET
easat-6581	58	18	italian	italian	ADJ
easat-6581	58	19	valuation	valuation	NOUN
easat-6581	58	20	procedures	procedure	NOUN
easat-6581	58	21	and	and	CCONJ
easat-6581	58	22	the	the	DET
easat-6581	58	23	main	main	ADJ
easat-6581	58	24	international	international	ADJ
easat-6581	58	25	approaches	approach	NOUN
easat-6581	58	26	are	be	AUX
easat-6581	58	27	indicated	indicate	VERB
easat-6581	58	28	below	below	ADP
easat-6581	58	29	.	.	PUNCT
easat-6581	59	1	3.1	3.1	NUM
easat-6581	59	2	.	.	PUNCT
easat-6581	60	1	direct	direct	ADJ
easat-6581	60	2	valuation	valuation	NOUN
easat-6581	60	3	methods	method	NOUN
easat-6581	60	4	the	the	DET
easat-6581	60	5	sca	sca	PROPN
easat-6581	60	6	,	,	PUNCT
easat-6581	60	7	in	in	ADP
easat-6581	60	8	its	its	PRON
easat-6581	60	9	assumptions	assumption	NOUN
easat-6581	60	10	,	,	PUNCT
easat-6581	60	11	is	be	AUX
easat-6581	60	12	substantially	substantially	ADV
easat-6581	60	13	similar	similar	ADJ
easat-6581	60	14	to	to	ADP
easat-6581	60	15	the	the	DET
easat-6581	60	16	italian	italian	ADJ
easat-6581	60	17	direct	direct	ADJ
easat-6581	60	18	valuation	valuation	NOUN
easat-6581	60	19	method	method	NOUN
easat-6581	60	20	;	;	PUNCT
easat-6581	60	21	both	both	PRON
easat-6581	60	22	are	be	AUX
easat-6581	60	23	based	base	VERB
easat-6581	60	24	on	on	ADP
easat-6581	60	25	the	the	DET
easat-6581	60	26	comparison	comparison	NOUN
easat-6581	60	27	between	between	ADP
easat-6581	60	28	a	a	DET
easat-6581	60	29	property	property	NOUN
easat-6581	60	30	to	to	PART
easat-6581	60	31	be	be	AUX
easat-6581	60	32	valued	value	VERB
easat-6581	60	33	and	and	CCONJ
easat-6581	60	34	comparable	comparable	ADJ
easat-6581	60	35	properties	property	NOUN
easat-6581	60	36	recently	recently	ADV
easat-6581	60	37	sold	sell	VERB
easat-6581	60	38	in	in	ADP
easat-6581	60	39	the	the	DET
easat-6581	60	40	same	same	ADJ
easat-6581	60	41	market	market	NOUN
easat-6581	60	42	area	area	NOUN
easat-6581	60	43	.	.	PUNCT
easat-6581	61	1	the	the	DET
easat-6581	61	2	sca	sca	PROPN
easat-6581	61	3	generally	generally	ADV
easat-6581	61	4	considers	consider	VERB
easat-6581	61	5	a	a	DET
easat-6581	61	6	broad	broad	ADJ
easat-6581	61	7	spectrum	spectrum	NOUN
easat-6581	61	8	of	of	ADP
easat-6581	61	9	transactional	transactional	ADJ
easat-6581	61	10	data	datum	NOUN
easat-6581	61	11	;	;	PUNCT
easat-6581	61	12	in	in	ADP
easat-6581	61	13	contrast	contrast	NOUN
easat-6581	61	14	,	,	PUNCT
easat-6581	61	15	the	the	DET
easat-6581	61	16	italian	italian	ADJ
easat-6581	61	17	single	single	ADJ
easat-6581	61	18	-	-	PUNCT
easat-6581	61	19	parameter	parameter	NOUN
easat-6581	61	20	valuation	valuation	NOUN
easat-6581	61	21	,	,	PUNCT
easat-6581	61	22	due	due	ADP
easat-6581	61	23	to	to	ADP
easat-6581	61	24	the	the	DET
easat-6581	61	25	difficulty	difficulty	NOUN
easat-6581	61	26	in	in	ADP
easat-6581	61	27	finding	find	VERB
easat-6581	61	28	a	a	DET
easat-6581	61	29	large	large	ADJ
easat-6581	61	30	amount	amount	NOUN
easat-6581	61	31	of	of	ADP
easat-6581	61	32	recent	recent	ADJ
easat-6581	61	33	sales	sale	NOUN
easat-6581	61	34	data	datum	NOUN
easat-6581	61	35	,	,	PUNCT
easat-6581	61	36	is	be	AUX
easat-6581	61	37	based	base	VERB
easat-6581	61	38	on	on	ADP
easat-6581	61	39	a	a	DET
easat-6581	61	40	limited	limited	ADJ
easat-6581	61	41	number	number	NOUN
easat-6581	61	42	of	of	ADP
easat-6581	61	43	comparable	comparable	ADJ
easat-6581	61	44	properties	property	NOUN
easat-6581	61	45	.	.	PUNCT
easat-6581	62	1	in	in	ADP
easat-6581	62	2	the	the	DET
easat-6581	62	3	"	"	PUNCT
easat-6581	62	4	points	point	NOUN
easat-6581	62	5	of	of	ADP
easat-6581	62	6	merit	merit	NOUN
easat-6581	62	7	"	"	PUNCT
easat-6581	62	8	method	method	NOUN
easat-6581	62	9	,	,	PUNCT
easat-6581	62	10	reference	reference	NOUN
easat-6581	62	11	is	be	AUX
easat-6581	62	12	made	make	VERB
easat-6581	62	13	to	to	ADP
easat-6581	62	14	a	a	DET
easat-6581	62	15	single	single	ADJ
easat-6581	62	16	comparable	comparable	ADJ
easat-6581	62	17	property	property	NOUN
easat-6581	62	18	,	,	PUNCT
easat-6581	62	19	generally	generally	ADV
easat-6581	62	20	the	the	DET
easat-6581	62	21	one	one	NOUN
easat-6581	62	22	with	with	ADP
easat-6581	62	23	the	the	DET
easat-6581	62	24	highest	high	ADJ
easat-6581	62	25	price	price	NOUN
easat-6581	62	26	recently	recently	ADV
easat-6581	62	27	recorded	record	VERB
easat-6581	62	28	in	in	ADP
easat-6581	62	29	the	the	DET
easat-6581	62	30	same	same	ADJ
easat-6581	62	31	market	market	NOUN
easat-6581	62	32	area	area	NOUN
easat-6581	62	33	as	as	SCONJ
easat-6581	62	34	the	the	DET
easat-6581	62	35	property	property	NOUN
easat-6581	62	36	to	to	PART
easat-6581	62	37	be	be	AUX
easat-6581	62	38	valued	value	VERB
easat-6581	62	39	.	.	PUNCT
easat-6581	63	1	as	as	ADV
easat-6581	63	2	well	well	ADV
easat-6581	63	3	as	as	ADP
easat-6581	63	4	for	for	ADP
easat-6581	63	5	the	the	DET
easat-6581	63	6	italian	italian	ADJ
easat-6581	63	7	methods	method	NOUN
easat-6581	63	8	,	,	PUNCT
easat-6581	63	9	the	the	DET
easat-6581	63	10	sca	sca	PROPN
easat-6581	63	11	recognizes	recognize	VERB
easat-6581	63	12	the	the	DET
easat-6581	63	13	difficulty	difficulty	NOUN
easat-6581	63	14	in	in	ADP
easat-6581	63	15	finding	find	VERB
easat-6581	63	16	perfectly	perfectly	ADV
easat-6581	63	17	analogous	analogous	ADJ
easat-6581	63	18	properties	property	NOUN
easat-6581	63	19	,	,	PUNCT
easat-6581	63	20	given	give	VERB
easat-6581	63	21	the	the	DET
easat-6581	63	22	high	high	ADJ
easat-6581	63	23	degree	degree	NOUN
easat-6581	63	24	of	of	ADP
easat-6581	63	25	differentiation	differentiation	NOUN
easat-6581	63	26	of	of	ADP
easat-6581	63	27	this	this	DET
easat-6581	63	28	type	type	NOUN
easat-6581	63	29	of	of	ADP
easat-6581	63	30	goods	good	NOUN
easat-6581	63	31	;	;	PUNCT
easat-6581	63	32	to	to	PART
easat-6581	63	33	estimate	estimate	VERB
easat-6581	63	34	the	the	DET
easat-6581	63	35	market	market	NOUN
easat-6581	63	36	value	value	NOUN
easat-6581	63	37	of	of	ADP
easat-6581	63	38	a	a	DET
easat-6581	63	39	property	property	NOUN
easat-6581	63	40	,	,	PUNCT
easat-6581	63	41	therefore	therefore	ADV
easat-6581	63	42	,	,	PUNCT
easat-6581	63	43	the	the	DET
easat-6581	63	44	comparable	comparable	ADJ
easat-6581	63	45	sale	sale	NOUN
easat-6581	63	46	prices	price	NOUN
easat-6581	63	47	are	be	AUX
easat-6581	63	48	adjusted	adjust	VERB
easat-6581	63	49	in	in	ADP
easat-6581	63	50	order	order	NOUN
easat-6581	63	51	to	to	PART
easat-6581	63	52	identify	identify	VERB
easat-6581	63	53	the	the	DET
easat-6581	63	54	price	price	NOUN
easat-6581	63	55	that	that	PRON
easat-6581	63	56	the	the	DET
easat-6581	63	57	comparable	comparable	ADJ
easat-6581	63	58	property	property	NOUN
easat-6581	63	59	would	would	AUX
easat-6581	63	60	have	have	AUX
easat-6581	63	61	had	have	VERB
easat-6581	63	62	if	if	SCONJ
easat-6581	63	63	it	it	PRON
easat-6581	63	64	had	have	AUX
easat-6581	63	65	been	be	AUX
easat-6581	63	66	perfectly	perfectly	ADV
easat-6581	63	67	identical	identical	ADJ
easat-6581	63	68	to	to	ADP
easat-6581	63	69	the	the	DET
easat-6581	63	70	subject	subject	ADJ
easat-6581	63	71	property	property	NOUN
easat-6581	63	72	.	.	PUNCT
easat-6581	64	1	it	it	PRON
easat-6581	64	2	should	should	AUX
easat-6581	64	3	be	be	AUX
easat-6581	64	4	pointed	point	VERB
easat-6581	64	5	out	out	ADP
easat-6581	64	6	that	that	SCONJ
easat-6581	64	7	some	some	DET
easat-6581	64	8	types	type	NOUN
easat-6581	64	9	of	of	ADP
easat-6581	64	10	adjustments	adjustment	NOUN
easat-6581	64	11	are	be	AUX
easat-6581	64	12	also	also	ADV
easat-6581	64	13	used	use	VERB
easat-6581	64	14	in	in	ADP
easat-6581	64	15	the	the	DET
easat-6581	64	16	direct	direct	ADJ
easat-6581	64	17	methods	method	NOUN
easat-6581	64	18	of	of	ADP
easat-6581	64	19	the	the	DET
easat-6581	64	20	italian	italian	ADJ
easat-6581	64	21	tradition	tradition	NOUN
easat-6581	64	22	:	:	PUNCT
easat-6581	64	23	•	•	NOUN
easat-6581	64	24	in	in	ADP
easat-6581	64	25	the	the	DET
easat-6581	64	26	single	single	ADJ
easat-6581	64	27	-	-	PUNCT
easat-6581	64	28	parameter	parameter	NOUN
easat-6581	64	29	method	method	NOUN
easat-6581	64	30	,	,	PUNCT
easat-6581	64	31	the	the	DET
easat-6581	64	32	comparative	comparative	ADJ
easat-6581	64	33	analyses	analysis	NOUN
easat-6581	64	34	that	that	PRON
easat-6581	64	35	lead	lead	VERB
easat-6581	64	36	to	to	ADP
easat-6581	64	37	the	the	DET
easat-6581	64	38	identification	identification	NOUN
easat-6581	64	39	of	of	ADP
easat-6581	64	40	the	the	DET
easat-6581	64	41	asset	asset	NOUN
easat-6581	64	42	with	with	ADP
easat-6581	64	43	greater	great	ADJ
easat-6581	64	44	analogies	analogy	NOUN
easat-6581	64	45	with	with	ADP
easat-6581	64	46	respect	respect	NOUN
easat-6581	64	47	to	to	ADP
easat-6581	64	48	the	the	DET
easat-6581	64	49	subject	subject	ADJ
easat-6581	64	50	property	property	NOUN
easat-6581	64	51	can	can	AUX
easat-6581	64	52	be	be	AUX
easat-6581	64	53	traced	trace	VERB
easat-6581	64	54	back	back	ADV
easat-6581	64	55	to	to	ADP
easat-6581	64	56	the	the	DET
easat-6581	64	57	qualitative	qualitative	ADJ
easat-6581	64	58	adjustments	adjustment	NOUN
easat-6581	64	59	used	use	VERB
easat-6581	64	60	in	in	ADP
easat-6581	64	61	the	the	DET
easat-6581	64	62	sca	sca	NOUN
easat-6581	64	63	;	;	PUNCT
easat-6581	64	64	•	•	ADP
easat-6581	64	65	the	the	DET
easat-6581	64	66	"	"	PUNCT
easat-6581	64	67	merit	merit	NOUN
easat-6581	64	68	points	point	NOUN
easat-6581	64	69	"	"	PUNCT
easat-6581	64	70	method	method	NOUN
easat-6581	64	71	is	be	AUX
easat-6581	64	72	a	a	DET
easat-6581	64	73	multiparametric	multiparametric	ADJ
easat-6581	64	74	approach	approach	NOUN
easat-6581	64	75	based	base	VERB
easat-6581	64	76	on	on	ADP
easat-6581	64	77	the	the	DET
easat-6581	64	78	assumption	assumption	NOUN
easat-6581	64	79	that	that	SCONJ
easat-6581	64	80	each	each	DET
easat-6581	64	81	characteristic	characteristic	NOUN
easat-6581	64	82	can	can	AUX
easat-6581	64	83	be	be	AUX
easat-6581	64	84	attributed	attribute	VERB
easat-6581	64	85	an	an	DET
easat-6581	64	86	impact	impact	NOUN
easat-6581	64	87	on	on	ADP
easat-6581	64	88	the	the	DET
easat-6581	64	89	market	market	NOUN
easat-6581	64	90	price	price	NOUN
easat-6581	64	91	;	;	PUNCT
easat-6581	64	92	the	the	DET
easat-6581	64	93	comparison	comparison	NOUN
easat-6581	64	94	is	be	AUX
easat-6581	64	95	made	make	VERB
easat-6581	64	96	between	between	ADP
easat-6581	64	97	the	the	DET
easat-6581	64	98	specific	specific	ADJ
easat-6581	64	99	characteristics	characteristic	NOUN
easat-6581	64	100	of	of	ADP
easat-6581	64	101	the	the	DET
easat-6581	64	102	subject	subject	ADJ
easat-6581	64	103	property	property	NOUN
easat-6581	64	104	and	and	CCONJ
easat-6581	64	105	the	the	DET
easat-6581	64	106	unit	unit	NOUN
easat-6581	64	107	of	of	ADP
easat-6581	64	108	maximum	maximum	ADJ
easat-6581	64	109	market	market	NOUN
easat-6581	64	110	price	price	NOUN
easat-6581	64	111	taken	take	VERB
easat-6581	64	112	as	as	ADP
easat-6581	64	113	comparable	comparable	ADJ
easat-6581	64	114	sale	sale	NOUN
easat-6581	64	115	;	;	PUNCT
easat-6581	64	116	the	the	DET
easat-6581	64	117	attribution	attribution	NOUN
easat-6581	64	118	of	of	ADP
easat-6581	64	119	percentages	percentage	NOUN
easat-6581	64	120	,	,	PUNCT
easat-6581	64	121	through	through	ADP
easat-6581	64	122	which	which	PRON
easat-6581	64	123	the	the	DET
easat-6581	64	124	degrees	degree	NOUN
easat-6581	64	125	of	of	ADP
easat-6581	64	126	impact	impact	NOUN
easat-6581	64	127	of	of	ADP
easat-6581	64	128	the	the	DET
easat-6581	64	129	different	different	ADJ
easat-6581	64	130	characteristics	characteristic	NOUN
easat-6581	64	131	on	on	ADP
easat-6581	64	132	the	the	DET
easat-6581	64	133	price	price	NOUN
easat-6581	64	134	of	of	ADP
easat-6581	64	135	the	the	DET
easat-6581	64	136	two	two	NUM
easat-6581	64	137	properties	property	NOUN
easat-6581	64	138	are	be	AUX
easat-6581	64	139	expressed	express	VERB
easat-6581	64	140	,	,	PUNCT
easat-6581	64	141	can	can	AUX
easat-6581	64	142	be	be	AUX
easat-6581	64	143	considered	consider	VERB
easat-6581	64	144	a	a	DET
easat-6581	64	145	quantitative	quantitative	ADJ
easat-6581	64	146	adjustment	adjustment	NOUN
easat-6581	64	147	technique	technique	NOUN
easat-6581	64	148	expressed	express	VERB
easat-6581	64	149	in	in	ADP
easat-6581	64	150	percentage	percentage	NOUN
easat-6581	64	151	terms	term	NOUN
easat-6581	64	152	[	[	X
easat-6581	64	153	19	19	NUM
easat-6581	64	154	]	]	PUNCT
easat-6581	64	155	.	.	PUNCT
easat-6581	65	1	it	it	PRON
easat-6581	65	2	should	should	AUX
easat-6581	65	3	be	be	AUX
easat-6581	65	4	noted	note	VERB
easat-6581	65	5	,	,	PUNCT
easat-6581	65	6	however	however	ADV
easat-6581	65	7	,	,	PUNCT
easat-6581	65	8	that	that	SCONJ
easat-6581	65	9	the	the	DET
easat-6581	65	10	"	"	PUNCT
easat-6581	65	11	merit	merit	NOUN
easat-6581	65	12	points	point	NOUN
easat-6581	65	13	"	"	PUNCT
easat-6581	65	14	method	method	NOUN
easat-6581	65	15	adopts	adopt	VERB
easat-6581	65	16	an	an	DET
easat-6581	65	17	empirical	empirical	ADJ
easat-6581	65	18	approach	approach	NOUN
easat-6581	65	19	and	and	CCONJ
easat-6581	65	20	leaves	leave	VERB
easat-6581	65	21	much	much	ADJ
easat-6581	65	22	to	to	ADP
easat-6581	65	23	the	the	DET
easat-6581	65	24	discretion	discretion	NOUN
easat-6581	65	25	of	of	ADP
easat-6581	65	26	the	the	DET
easat-6581	65	27	valuer	valuer	NOUN
easat-6581	65	28	to	to	PART
easat-6581	65	29	define	define	VERB
easat-6581	65	30	the	the	DET
easat-6581	65	31	impact	impact	NOUN
easat-6581	65	32	of	of	ADP
easat-6581	65	33	the	the	DET
easat-6581	65	34	characteristics	characteristic	NOUN
easat-6581	65	35	on	on	ADP
easat-6581	65	36	the	the	DET
easat-6581	65	37	price	price	NOUN
easat-6581	65	38	and	and	CCONJ
easat-6581	65	39	,	,	PUNCT
easat-6581	65	40	therefore	therefore	ADV
easat-6581	65	41	,	,	PUNCT
easat-6581	65	42	some	some	DET
easat-6581	65	43	scholars	scholar	NOUN
easat-6581	65	44	believe	believe	VERB
easat-6581	65	45	that	that	SCONJ
easat-6581	65	46	this	this	DET
easat-6581	65	47	method	method	NOUN
easat-6581	65	48	does	do	AUX
easat-6581	65	49	not	not	PART
easat-6581	65	50	respect	respect	VERB
easat-6581	65	51	the	the	DET
easat-6581	65	52	estimative	estimative	ADJ
easat-6581	65	53	principles	principle	NOUN
easat-6581	65	54	of	of	ADP
easat-6581	65	55	an	an	DET
easat-6581	65	56	objective	objective	ADJ
easat-6581	65	57	and	and	CCONJ
easat-6581	65	58	generally	generally	ADV
easat-6581	65	59	valid	valid	ADJ
easat-6581	65	60	valuation	valuation	NOUN
easat-6581	65	61	,	,	PUNCT
easat-6581	65	62	reproducible	reproducible	ADJ
easat-6581	65	63	by	by	ADP
easat-6581	65	64	all	all	PRON
easat-6581	65	65	and	and	CCONJ
easat-6581	65	66	based	base	VERB
easat-6581	65	67	on	on	ADP
easat-6581	65	68	effective	effective	ADJ
easat-6581	65	69	market	market	NOUN
easat-6581	65	70	evidence	evidence	NOUN
easat-6581	65	71	;	;	PUNCT
easat-6581	65	72	the	the	DET
easat-6581	65	73	application	application	NOUN
easat-6581	65	74	of	of	ADP
easat-6581	65	75	this	this	DET
easat-6581	65	76	method	method	NOUN
easat-6581	65	77	,	,	PUNCT
easat-6581	65	78	moreover	moreover	ADV
easat-6581	65	79	,	,	PUNCT
easat-6581	65	80	would	would	AUX
easat-6581	65	81	lead	lead	VERB
easat-6581	65	82	to	to	ADP
easat-6581	65	83	an	an	DET
easat-6581	65	84	estimate	estimate	NOUN
easat-6581	65	85	of	of	ADP
easat-6581	65	86	the	the	DET
easat-6581	65	87	market	market	NOUN
easat-6581	65	88	value	value	NOUN
easat-6581	65	89	that	that	PRON
easat-6581	65	90	is	be	AUX
easat-6581	65	91	only	only	ADV
easat-6581	65	92	approximate	approximate	ADJ
easat-6581	65	93	.	.	PUNCT
easat-6581	66	1	in	in	ADP
easat-6581	66	2	summary	summary	NOUN
easat-6581	66	3	,	,	PUNCT
easat-6581	66	4	the	the	DET
easat-6581	66	5	main	main	ADJ
easat-6581	66	6	differences	difference	NOUN
easat-6581	66	7	between	between	ADP
easat-6581	66	8	the	the	DET
easat-6581	66	9	sca	sca	NOUN
easat-6581	66	10	and	and	CCONJ
easat-6581	66	11	the	the	DET
easat-6581	66	12	direct	direct	ADJ
easat-6581	66	13	italian	italian	ADJ
easat-6581	66	14	real	real	ADJ
easat-6581	66	15	estate	estate	NOUN
easat-6581	66	16	valuation	valuation	NOUN
easat-6581	66	17	methods	method	NOUN
easat-6581	66	18	concern	concern	NOUN
easat-6581	66	19	the	the	DET
easat-6581	66	20	systematic	systematic	ADJ
easat-6581	66	21	use	use	NOUN
easat-6581	66	22	,	,	PUNCT
easat-6581	66	23	in	in	ADP
easat-6581	66	24	the	the	DET
easat-6581	66	25	former	former	ADJ
easat-6581	66	26	,	,	PUNCT
easat-6581	66	27	of	of	ADP
easat-6581	66	28	monetary	monetary	ADJ
easat-6581	66	29	quantitative	quantitative	ADJ
easat-6581	66	30	adjustments	adjustment	NOUN
easat-6581	66	31	.	.	PUNCT
easat-6581	67	1	thanks	thank	NOUN
easat-6581	67	2	to	to	ADP
easat-6581	67	3	the	the	DET
easat-6581	67	4	possibility	possibility	NOUN
easat-6581	67	5	of	of	ADP
easat-6581	67	6	collecting	collect	VERB
easat-6581	67	7	market	market	NOUN
easat-6581	67	8	and	and	CCONJ
easat-6581	67	9	cost	cost	NOUN
easat-6581	67	10	data	datum	NOUN
easat-6581	67	11	more	more	ADV
easat-6581	67	12	easily	easily	ADV
easat-6581	67	13	than	than	ADP
easat-6581	67	14	in	in	ADP
easat-6581	67	15	italy	italy	PROPN
easat-6581	67	16	,	,	PUNCT
easat-6581	67	17	the	the	DET
easat-6581	67	18	use	use	NOUN
easat-6581	67	19	of	of	ADP
easat-6581	67	20	market	market	NOUN
easat-6581	67	21	analysis	analysis	NOUN
easat-6581	67	22	and	and	CCONJ
easat-6581	67	23	cost	cost	VERB
easat-6581	67	24	analysis	analysis	NOUN
easat-6581	67	25	in	in	ADP
easat-6581	67	26	north	north	ADJ
easat-6581	67	27	american	american	ADJ
easat-6581	67	28	practice	practice	NOUN
easat-6581	67	29	is	be	AUX
easat-6581	67	30	very	very	ADV
easat-6581	67	31	widespread	widespread	ADJ
easat-6581	67	32	to	to	PART
easat-6581	67	33	obtain	obtain	VERB
easat-6581	67	34	quantitative	quantitative	ADJ
easat-6581	67	35	adjustments	adjustment	NOUN
easat-6581	67	36	.	.	PUNCT
easat-6581	68	1	it	it	PRON
easat-6581	68	2	should	should	AUX
easat-6581	68	3	be	be	AUX
easat-6581	68	4	considered	consider	VERB
easat-6581	68	5	,	,	PUNCT
easat-6581	68	6	however	however	ADV
easat-6581	68	7	,	,	PUNCT
easat-6581	68	8	that	that	SCONJ
easat-6581	68	9	the	the	DET
easat-6581	68	10	sca	sca	PROPN
easat-6581	68	11	also	also	ADV
easat-6581	68	12	provides	provide	VERB
easat-6581	68	13	for	for	ADP
easat-6581	68	14	the	the	DET
easat-6581	68	15	adoption	adoption	NOUN
easat-6581	68	16	of	of	ADP
easat-6581	68	17	qualitative	qualitative	ADJ
easat-6581	68	18	techniques	technique	NOUN
easat-6581	68	19	for	for	ADP
easat-6581	68	20	2428	2428	NUM
easat-6581	68	21	edelweiss	edelweiss	PROPN
easat-6581	68	22	applied	apply	VERB
easat-6581	68	23	science	science	NOUN
easat-6581	68	24	and	and	CCONJ
easat-6581	68	25	technology	technology	NOUN
easat-6581	68	26	issn	issn	PROPN
easat-6581	68	27	:	:	PUNCT
easat-6581	68	28	2576	2576	NUM
easat-6581	68	29	-	-	SYM
easat-6581	68	30	8484	8484	NUM
easat-6581	68	31	vol	vol	NOUN
easat-6581	68	32	.	.	PROPN
easat-6581	69	1	9	9	NUM
easat-6581	69	2	,	,	PUNCT
easat-6581	69	3	no	no	INTJ
easat-6581	69	4	.	.	NOUN
easat-6581	69	5	4	4	NUM
easat-6581	69	6	:	:	SYM
easat-6581	69	7	2424	2424	NUM
easat-6581	69	8	-	-	SYM
easat-6581	69	9	2431	2431	NUM
easat-6581	69	10	,	,	PUNCT
easat-6581	69	11	2025	2025	NUM
easat-6581	69	12	doi	doi	NOUN
easat-6581	69	13	:	:	PUNCT
easat-6581	69	14	10.55214/25768484.v9i4.6581	10.55214/25768484.v9i4.6581	NUM
easat-6581	69	15	©	©	PROPN
easat-6581	69	16	2025	2025	NUM
easat-6581	69	17	by	by	ADP
easat-6581	69	18	the	the	DET
easat-6581	69	19	author	author	NOUN
easat-6581	69	20	;	;	PUNCT
easat-6581	69	21	licensee	licensee	PROPN
easat-6581	69	22	learning	learning	NOUN
easat-6581	69	23	gate	gate	VERB
easat-6581	69	24	those	those	DET
easat-6581	69	25	elements	element	NOUN
easat-6581	69	26	of	of	ADP
easat-6581	69	27	comparison	comparison	NOUN
easat-6581	69	28	for	for	ADP
easat-6581	69	29	which	which	PRON
easat-6581	69	30	it	it	PRON
easat-6581	69	31	is	be	AUX
easat-6581	69	32	not	not	PART
easat-6581	69	33	possible	possible	ADJ
easat-6581	69	34	to	to	PART
easat-6581	69	35	derive	derive	VERB
easat-6581	69	36	a	a	DET
easat-6581	69	37	monetary	monetary	ADJ
easat-6581	69	38	quantification	quantification	NOUN
easat-6581	69	39	in	in	ADP
easat-6581	69	40	a	a	DET
easat-6581	69	41	reliable	reliable	ADJ
easat-6581	69	42	and	and	CCONJ
easat-6581	69	43	correct	correct	ADJ
easat-6581	69	44	manner	manner	NOUN
easat-6581	69	45	.	.	PUNCT
easat-6581	70	1	3.2	3.2	NUM
easat-6581	70	2	.	.	PUNCT
easat-6581	71	1	income	income	NOUN
easat-6581	71	2	approach	approach	VERB
easat-6581	71	3	the	the	DET
easat-6581	71	4	italian	italian	ADJ
easat-6581	71	5	version	version	NOUN
easat-6581	71	6	of	of	ADP
easat-6581	71	7	the	the	DET
easat-6581	71	8	ica	ica	PROPN
easat-6581	71	9	is	be	AUX
easat-6581	71	10	almost	almost	ADV
easat-6581	71	11	identical	identical	ADJ
easat-6581	71	12	to	to	ADP
easat-6581	71	13	the	the	DET
easat-6581	71	14	international	international	ADJ
easat-6581	71	15	approach	approach	NOUN
easat-6581	71	16	called	call	VERB
easat-6581	71	17	direct	direct	ADJ
easat-6581	71	18	capitalization	capitalization	NOUN
easat-6581	71	19	:	:	PUNCT
easat-6581	71	20	a	a	DET
easat-6581	71	21	method	method	NOUN
easat-6581	71	22	for	for	ADP
easat-6581	71	23	directly	directly	ADV
easat-6581	71	24	converting	convert	VERB
easat-6581	71	25	a	a	DET
easat-6581	71	26	single	single	ADJ
easat-6581	71	27	year	year	NOUN
easat-6581	71	28	's	's	PART
easat-6581	71	29	income	income	NOUN
easat-6581	71	30	into	into	ADP
easat-6581	71	31	the	the	DET
easat-6581	71	32	market	market	NOUN
easat-6581	71	33	value	value	NOUN
easat-6581	71	34	of	of	ADP
easat-6581	71	35	the	the	DET
easat-6581	71	36	property	property	NOUN
easat-6581	71	37	either	either	CCONJ
easat-6581	71	38	by	by	ADP
easat-6581	71	39	dividing	divide	VERB
easat-6581	71	40	the	the	DET
easat-6581	71	41	net	net	ADJ
easat-6581	71	42	operating	operating	NOUN
easat-6581	71	43	income	income	NOUN
easat-6581	71	44	by	by	ADP
easat-6581	71	45	an	an	DET
easat-6581	71	46	appropriate	appropriate	ADJ
easat-6581	71	47	capitalization	capitalization	NOUN
easat-6581	71	48	rate	rate	NOUN
easat-6581	71	49	or	or	CCONJ
easat-6581	71	50	by	by	ADP
easat-6581	71	51	multiplying	multiply	VERB
easat-6581	71	52	it	it	PRON
easat-6581	71	53	by	by	ADP
easat-6581	71	54	an	an	DET
easat-6581	71	55	income	income	NOUN
easat-6581	71	56	multiplier	multipli	ADJ
easat-6581	71	57	.	.	PUNCT
easat-6581	72	1	the	the	DET
easat-6581	72	2	version	version	NOUN
easat-6581	72	3	that	that	PRON
easat-6581	72	4	involves	involve	VERB
easat-6581	72	5	the	the	DET
easat-6581	72	6	use	use	NOUN
easat-6581	72	7	of	of	ADP
easat-6581	72	8	a	a	DET
easat-6581	72	9	multiplier	multipli	ADJ
easat-6581	72	10	is	be	AUX
easat-6581	72	11	little	little	ADV
easat-6581	72	12	used	use	VERB
easat-6581	72	13	in	in	ADP
easat-6581	72	14	current	current	ADJ
easat-6581	72	15	italian	italian	ADJ
easat-6581	72	16	professional	professional	ADJ
easat-6581	72	17	practice	practice	NOUN
easat-6581	72	18	,	,	PUNCT
easat-6581	72	19	but	but	CCONJ
easat-6581	72	20	finds	find	VERB
easat-6581	72	21	some	some	DET
easat-6581	72	22	application	application	NOUN
easat-6581	72	23	in	in	ADP
easat-6581	72	24	the	the	DET
easat-6581	72	25	field	field	NOUN
easat-6581	72	26	of	of	ADP
easat-6581	72	27	land	land	NOUN
easat-6581	72	28	registry	registry	NOUN
easat-6581	72	29	valuations	valuation	NOUN
easat-6581	72	30	and	and	CCONJ
easat-6581	72	31	for	for	ADP
easat-6581	72	32	calculating	calculate	VERB
easat-6581	72	33	property	property	NOUN
easat-6581	72	34	taxes	taxis	NOUN
easat-6581	72	35	.	.	PUNCT
easat-6581	73	1	the	the	DET
easat-6581	73	2	main	main	ADJ
easat-6581	73	3	differences	difference	NOUN
easat-6581	73	4	between	between	ADP
easat-6581	73	5	the	the	DET
easat-6581	73	6	italian	italian	ADJ
easat-6581	73	7	and	and	CCONJ
easat-6581	73	8	international	international	ADJ
easat-6581	73	9	approach	approach	NOUN
easat-6581	73	10	basically	basically	ADV
easat-6581	73	11	concern	concern	VERB
easat-6581	73	12	the	the	DET
easat-6581	73	13	method	method	NOUN
easat-6581	73	14	of	of	ADP
easat-6581	73	15	estimating	estimate	VERB
easat-6581	73	16	the	the	DET
easat-6581	73	17	capitalization	capitalization	NOUN
easat-6581	73	18	rate	rate	NOUN
easat-6581	73	19	:	:	PUNCT
easat-6581	73	20	•	•	NOUN
easat-6581	73	21	in	in	ADP
easat-6581	73	22	the	the	DET
easat-6581	73	23	italian	italian	ADJ
easat-6581	73	24	tradition	tradition	NOUN
easat-6581	73	25	,	,	PUNCT
easat-6581	73	26	the	the	DET
easat-6581	73	27	rate	rate	NOUN
easat-6581	73	28	can	can	AUX
easat-6581	73	29	be	be	AUX
easat-6581	73	30	determined	determine	VERB
easat-6581	73	31	through	through	ADP
easat-6581	73	32	a	a	DET
easat-6581	73	33	direct	direct	ADJ
easat-6581	73	34	market	market	NOUN
easat-6581	73	35	survey	survey	NOUN
easat-6581	73	36	,	,	PUNCT
easat-6581	73	37	deriving	derive	VERB
easat-6581	73	38	the	the	DET
easat-6581	73	39	capitalization	capitalization	NOUN
easat-6581	73	40	rate	rate	NOUN
easat-6581	73	41	by	by	ADP
easat-6581	73	42	the	the	DET
easat-6581	73	43	ratio	ratio	NOUN
easat-6581	73	44	between	between	ADP
easat-6581	73	45	income	income	NOUN
easat-6581	73	46	and	and	CCONJ
easat-6581	73	47	the	the	DET
easat-6581	73	48	sale	sale	NOUN
easat-6581	73	49	prices	price	NOUN
easat-6581	73	50	of	of	ADP
easat-6581	73	51	similar	similar	ADJ
easat-6581	73	52	properties	property	NOUN
easat-6581	73	53	,	,	PUNCT
easat-6581	73	54	or	or	CCONJ
easat-6581	73	55	indirectly	indirectly	ADV
easat-6581	73	56	,	,	PUNCT
easat-6581	73	57	starting	start	VERB
easat-6581	73	58	from	from	ADP
easat-6581	73	59	an	an	DET
easat-6581	73	60	average	average	ADJ
easat-6581	73	61	capitalization	capitalization	NOUN
easat-6581	73	62	rate	rate	NOUN
easat-6581	73	63	,	,	PUNCT
easat-6581	73	64	adjusted	adjust	VERB
easat-6581	73	65	on	on	ADP
easat-6581	73	66	the	the	DET
easat-6581	73	67	basis	basis	NOUN
easat-6581	73	68	of	of	ADP
easat-6581	73	69	appropriate	appropriate	ADJ
easat-6581	73	70	deductions	deduction	NOUN
easat-6581	73	71	or	or	CCONJ
easat-6581	73	72	additions	addition	NOUN
easat-6581	73	73	deriving	derive	VERB
easat-6581	73	74	from	from	ADP
easat-6581	73	75	specific	specific	ADJ
easat-6581	73	76	ascending	ascending	NOUN
easat-6581	73	77	or	or	CCONJ
easat-6581	73	78	descending	descend	VERB
easat-6581	73	79	influences	influence	NOUN
easat-6581	73	80	that	that	PRON
easat-6581	73	81	affect	affect	VERB
easat-6581	73	82	the	the	DET
easat-6581	73	83	average	average	ADJ
easat-6581	73	84	rate	rate	NOUN
easat-6581	73	85	;	;	PUNCT
easat-6581	73	86	•	•	X
easat-6581	73	87	in	in	ADP
easat-6581	73	88	international	international	ADJ
easat-6581	73	89	practice	practice	NOUN
easat-6581	73	90	,	,	PUNCT
easat-6581	73	91	the	the	DET
easat-6581	73	92	methods	method	NOUN
easat-6581	73	93	for	for	ADP
easat-6581	73	94	deriving	derive	VERB
easat-6581	73	95	the	the	DET
easat-6581	73	96	capitalization	capitalization	NOUN
easat-6581	73	97	rate	rate	NOUN
easat-6581	73	98	include	include	VERB
easat-6581	73	99	,	,	PUNCT
easat-6581	73	100	in	in	ADP
easat-6581	73	101	addition	addition	NOUN
easat-6581	73	102	to	to	ADP
easat-6581	73	103	the	the	DET
easat-6581	73	104	possibility	possibility	NOUN
easat-6581	73	105	of	of	ADP
easat-6581	73	106	referring	refer	VERB
easat-6581	73	107	to	to	ADP
easat-6581	73	108	comparable	comparable	ADJ
easat-6581	73	109	sales	sale	NOUN
easat-6581	73	110	,	,	PUNCT
easat-6581	73	111	the	the	DET
easat-6581	73	112	use	use	NOUN
easat-6581	73	113	of	of	ADP
easat-6581	73	114	techniques	technique	NOUN
easat-6581	73	115	in	in	ADP
easat-6581	73	116	which	which	PRON
easat-6581	73	117	the	the	DET
easat-6581	73	118	capitalization	capitalization	NOUN
easat-6581	73	119	rate	rate	NOUN
easat-6581	73	120	attributable	attributable	ADJ
easat-6581	73	121	to	to	ADP
easat-6581	73	122	the	the	DET
easat-6581	73	123	components	component	NOUN
easat-6581	73	124	of	of	ADP
easat-6581	73	125	a	a	DET
easat-6581	73	126	real	real	ADJ
easat-6581	73	127	estate	estate	NOUN
easat-6581	73	128	investment	investment	NOUN
easat-6581	73	129	are	be	AUX
easat-6581	73	130	weighted	weight	VERB
easat-6581	73	131	and	and	CCONJ
easat-6581	73	132	combined	combine	VERB
easat-6581	73	133	to	to	PART
easat-6581	73	134	derive	derive	VERB
easat-6581	73	135	an	an	DET
easat-6581	73	136	average	average	ADJ
easat-6581	73	137	rate	rate	NOUN
easat-6581	73	138	attributable	attributable	ADJ
easat-6581	73	139	to	to	ADP
easat-6581	73	140	the	the	DET
easat-6581	73	141	property	property	NOUN
easat-6581	73	142	(	(	PUNCT
easat-6581	73	143	band	band	NOUN
easat-6581	73	144	of	of	ADP
easat-6581	73	145	investment	investment	NOUN
easat-6581	73	146	)	)	PUNCT
easat-6581	73	147	.	.	PUNCT
easat-6581	74	1	yield	yield	NOUN
easat-6581	74	2	capitalization	capitalization	NOUN
easat-6581	74	3	,	,	PUNCT
easat-6581	74	4	on	on	ADP
easat-6581	74	5	the	the	DET
easat-6581	74	6	other	other	ADJ
easat-6581	74	7	hand	hand	NOUN
easat-6581	74	8	,	,	PUNCT
easat-6581	74	9	is	be	AUX
easat-6581	74	10	based	base	VERB
easat-6581	74	11	on	on	ADP
easat-6581	74	12	substantially	substantially	ADV
easat-6581	74	13	different	different	ADJ
easat-6581	74	14	hypotheses	hypothesis	NOUN
easat-6581	74	15	compared	compare	VERB
easat-6581	74	16	to	to	ADP
easat-6581	74	17	those	those	PRON
easat-6581	74	18	of	of	ADP
easat-6581	74	19	direct	direct	ADJ
easat-6581	74	20	capitalization	capitalization	NOUN
easat-6581	74	21	:	:	PUNCT
easat-6581	74	22	•	•	ADP
easat-6581	74	23	the	the	DET
easat-6581	74	24	period	period	NOUN
easat-6581	74	25	of	of	ADP
easat-6581	74	26	analysis	analysis	NOUN
easat-6581	74	27	of	of	ADP
easat-6581	74	28	the	the	DET
easat-6581	74	29	income	income	NOUN
easat-6581	74	30	produced	produce	VERB
easat-6581	74	31	by	by	ADP
easat-6581	74	32	the	the	DET
easat-6581	74	33	property	property	NOUN
easat-6581	74	34	is	be	AUX
easat-6581	74	35	limited	limit	VERB
easat-6581	74	36	(	(	PUNCT
easat-6581	74	37	it	it	PRON
easat-6581	74	38	coincides	coincide	VERB
easat-6581	74	39	with	with	ADP
easat-6581	74	40	the	the	DET
easat-6581	74	41	holding	hold	VERB
easat-6581	74	42	period	period	NOUN
easat-6581	74	43	)	)	PUNCT
easat-6581	74	44	;	;	PUNCT
easat-6581	74	45	•	•	X
easat-6581	74	46	it	it	PRON
easat-6581	74	47	is	be	AUX
easat-6581	74	48	not	not	PART
easat-6581	74	49	based	base	VERB
easat-6581	74	50	on	on	ADP
easat-6581	74	51	the	the	DET
easat-6581	74	52	income	income	NOUN
easat-6581	74	53	of	of	ADP
easat-6581	74	54	a	a	DET
easat-6581	74	55	single	single	ADJ
easat-6581	74	56	year	year	NOUN
easat-6581	74	57	,	,	PUNCT
easat-6581	74	58	but	but	CCONJ
easat-6581	74	59	on	on	ADP
easat-6581	74	60	a	a	DET
easat-6581	74	61	future	future	ADJ
easat-6581	74	62	income	income	NOUN
easat-6581	74	63	stream	stream	NOUN
easat-6581	74	64	pattern	pattern	NOUN
easat-6581	74	65	,	,	PUNCT
easat-6581	74	66	which	which	PRON
easat-6581	74	67	can	can	AUX
easat-6581	74	68	be	be	AUX
easat-6581	74	69	constant	constant	ADJ
easat-6581	74	70	or	or	CCONJ
easat-6581	74	71	variable	variable	ADJ
easat-6581	74	72	in	in	ADP
easat-6581	74	73	a	a	DET
easat-6581	74	74	regular	regular	ADJ
easat-6581	74	75	or	or	CCONJ
easat-6581	74	76	irregular	irregular	ADJ
easat-6581	74	77	way	way	NOUN
easat-6581	74	78	;	;	PUNCT
easat-6581	74	79	•	•	SCONJ
easat-6581	74	80	the	the	DET
easat-6581	74	81	valuer	valuer	NOUN
easat-6581	74	82	must	must	AUX
easat-6581	74	83	forecast	forecast	VERB
easat-6581	74	84	income	income	NOUN
easat-6581	74	85	,	,	PUNCT
easat-6581	74	86	vacancy	vacancy	NOUN
easat-6581	74	87	,	,	PUNCT
easat-6581	74	88	expenses	expense	NOUN
easat-6581	74	89	over	over	ADP
easat-6581	74	90	the	the	DET
easat-6581	74	91	ownership	ownership	NOUN
easat-6581	74	92	period	period	NOUN
easat-6581	74	93	;	;	PUNCT
easat-6581	74	94	•	•	X
easat-6581	74	95	it	it	PRON
easat-6581	74	96	is	be	AUX
easat-6581	74	97	necessary	necessary	ADJ
easat-6581	74	98	to	to	PART
easat-6581	74	99	estimate	estimate	VERB
easat-6581	74	100	the	the	DET
easat-6581	74	101	reversion	reversion	NOUN
easat-6581	74	102	,	,	PUNCT
easat-6581	74	103	i.	i.	PROPN
easat-6581	74	104	e.	e.	PROPN
easat-6581	75	1	the	the	DET
easat-6581	75	2	resale	resale	NOUN
easat-6581	75	3	market	market	NOUN
easat-6581	75	4	price	price	NOUN
easat-6581	75	5	of	of	ADP
easat-6581	75	6	the	the	DET
easat-6581	75	7	property	property	NOUN
easat-6581	75	8	at	at	ADP
easat-6581	75	9	the	the	DET
easat-6581	75	10	end	end	NOUN
easat-6581	75	11	of	of	ADP
easat-6581	75	12	the	the	DET
easat-6581	75	13	projected	project	VERB
easat-6581	75	14	period	period	NOUN
easat-6581	75	15	;	;	PUNCT
easat-6581	75	16	•	•	NUM
easat-6581	75	17	the	the	DET
easat-6581	75	18	estimate	estimate	NOUN
easat-6581	75	19	of	of	ADP
easat-6581	75	20	the	the	DET
easat-6581	75	21	yield	yield	NOUN
easat-6581	75	22	rate	rate	NOUN
easat-6581	75	23	is	be	AUX
easat-6581	75	24	based	base	VERB
easat-6581	75	25	on	on	ADP
easat-6581	75	26	the	the	DET
easat-6581	75	27	physical	physical	ADJ
easat-6581	75	28	,	,	PUNCT
easat-6581	75	29	economic	economic	ADJ
easat-6581	75	30	and	and	CCONJ
easat-6581	75	31	financial	financial	ADJ
easat-6581	75	32	characteristics	characteristic	NOUN
easat-6581	75	33	of	of	ADP
easat-6581	75	34	the	the	DET
easat-6581	75	35	investment	investment	NOUN
easat-6581	75	36	,	,	PUNCT
easat-6581	75	37	considers	consider	VERB
easat-6581	75	38	the	the	DET
easat-6581	75	39	predictable	predictable	ADJ
easat-6581	75	40	risks	risk	NOUN
easat-6581	75	41	and	and	CCONJ
easat-6581	75	42	the	the	DET
easat-6581	75	43	level	level	NOUN
easat-6581	75	44	of	of	ADP
easat-6581	75	45	return	return	NOUN
easat-6581	75	46	expected	expect	VERB
easat-6581	75	47	by	by	ADP
easat-6581	75	48	investors	investor	NOUN
easat-6581	75	49	in	in	ADP
easat-6581	75	50	the	the	DET
easat-6581	75	51	period	period	NOUN
easat-6581	75	52	of	of	ADP
easat-6581	75	53	time	time	NOUN
easat-6581	75	54	considered	consider	VERB
easat-6581	75	55	.	.	PUNCT
easat-6581	76	1	yield	yield	NOUN
easat-6581	76	2	capitalization	capitalization	NOUN
easat-6581	76	3	comes	come	VERB
easat-6581	76	4	from	from	ADP
easat-6581	76	5	the	the	DET
easat-6581	76	6	investment	investment	NOUN
easat-6581	76	7	assessment	assessment	NOUN
easat-6581	76	8	sector	sector	NOUN
easat-6581	76	9	and	and	CCONJ
easat-6581	76	10	has	have	AUX
easat-6581	76	11	only	only	ADV
easat-6581	76	12	in	in	ADP
easat-6581	76	13	recent	recent	ADJ
easat-6581	76	14	years	year	NOUN
easat-6581	76	15	been	be	AUX
easat-6581	76	16	used	use	VERB
easat-6581	76	17	also	also	ADV
easat-6581	76	18	for	for	ADP
easat-6581	76	19	the	the	DET
easat-6581	76	20	purposes	purpose	NOUN
easat-6581	76	21	of	of	ADP
easat-6581	76	22	real	real	ADJ
easat-6581	76	23	estate	estate	NOUN
easat-6581	76	24	appraisal	appraisal	NOUN
easat-6581	76	25	,	,	PUNCT
easat-6581	76	26	following	follow	VERB
easat-6581	76	27	a	a	DET
easat-6581	76	28	growing	grow	VERB
easat-6581	76	29	financialization	financialization	NOUN
easat-6581	76	30	of	of	ADP
easat-6581	76	31	the	the	DET
easat-6581	76	32	real	real	ADJ
easat-6581	76	33	estate	estate	NOUN
easat-6581	76	34	market	market	NOUN
easat-6581	76	35	:	:	PUNCT
easat-6581	76	36	real	real	ADJ
easat-6581	76	37	estate	estate	NOUN
easat-6581	76	38	investment	investment	NOUN
easat-6581	76	39	has	have	AUX
easat-6581	76	40	increasingly	increasingly	ADV
easat-6581	76	41	taken	take	VERB
easat-6581	76	42	on	on	ADP
easat-6581	76	43	the	the	DET
easat-6581	76	44	specific	specific	ADJ
easat-6581	76	45	characteristics	characteristic	NOUN
easat-6581	76	46	of	of	ADP
easat-6581	76	47	other	other	ADJ
easat-6581	76	48	types	type	NOUN
easat-6581	76	49	of	of	ADP
easat-6581	76	50	investment	investment	NOUN
easat-6581	76	51	.	.	PUNCT
easat-6581	77	1	in	in	ADP
easat-6581	77	2	order	order	NOUN
easat-6581	77	3	to	to	PART
easat-6581	77	4	be	be	AUX
easat-6581	77	5	used	use	VERB
easat-6581	77	6	for	for	ADP
easat-6581	77	7	property	property	NOUN
easat-6581	77	8	appraisal	appraisal	NOUN
easat-6581	77	9	,	,	PUNCT
easat-6581	77	10	however	however	ADV
easat-6581	77	11	,	,	PUNCT
easat-6581	77	12	the	the	DET
easat-6581	77	13	method	method	NOUN
easat-6581	77	14	has	have	AUX
easat-6581	77	15	required	require	VERB
easat-6581	77	16	some	some	DET
easat-6581	77	17	adjustments	adjustment	NOUN
easat-6581	77	18	:	:	PUNCT
easat-6581	77	19	in	in	ADP
easat-6581	77	20	fact	fact	NOUN
easat-6581	77	21	,	,	PUNCT
easat-6581	77	22	investments	investment	NOUN
easat-6581	77	23	in	in	ADP
easat-6581	77	24	the	the	DET
easat-6581	77	25	real	real	ADJ
easat-6581	77	26	estate	estate	NOUN
easat-6581	77	27	sector	sector	NOUN
easat-6581	77	28	are	be	AUX
easat-6581	77	29	generally	generally	ADV
easat-6581	77	30	medium	medium	ADJ
easat-6581	77	31	or	or	CCONJ
easat-6581	77	32	long	long	ADJ
easat-6581	77	33	-	-	PUNCT
easat-6581	77	34	term	term	NOUN
easat-6581	77	35	(	(	PUNCT
easat-6581	77	36	10	10	NUM
easat-6581	77	37	-	-	SYM
easat-6581	77	38	15	15	NUM
easat-6581	77	39	years	year	NOUN
easat-6581	77	40	)	)	PUNCT
easat-6581	77	41	,	,	PUNCT
easat-6581	77	42	while	while	SCONJ
easat-6581	77	43	in	in	ADP
easat-6581	77	44	other	other	ADJ
easat-6581	77	45	sectors	sector	NOUN
easat-6581	77	46	investments	investment	NOUN
easat-6581	77	47	have	have	VERB
easat-6581	77	48	a	a	DET
easat-6581	77	49	short	short	ADJ
easat-6581	77	50	duration	duration	NOUN
easat-6581	77	51	(	(	PUNCT
easat-6581	77	52	5	5	NUM
easat-6581	77	53	-	-	SYM
easat-6581	77	54	10	10	NUM
easat-6581	77	55	years	year	NOUN
easat-6581	77	56	)	)	PUNCT
easat-6581	77	57	,	,	PUNCT
easat-6581	77	58	and	and	CCONJ
easat-6581	77	59	the	the	DET
easat-6581	77	60	final	final	ADJ
easat-6581	77	61	resale	resale	NOUN
easat-6581	77	62	price	price	NOUN
easat-6581	77	63	of	of	ADP
easat-6581	77	64	the	the	DET
easat-6581	77	65	good	good	NOUN
easat-6581	77	66	is	be	AUX
easat-6581	77	67	generally	generally	ADV
easat-6581	77	68	very	very	ADV
easat-6581	77	69	low	low	ADJ
easat-6581	77	70	or	or	CCONJ
easat-6581	77	71	zero	zero	NUM
easat-6581	77	72	.	.	PUNCT
easat-6581	78	1	just	just	ADV
easat-6581	78	2	for	for	ADP
easat-6581	78	3	this	this	DET
easat-6581	78	4	aspect	aspect	NOUN
easat-6581	78	5	,	,	PUNCT
easat-6581	78	6	some	some	DET
easat-6581	78	7	critical	critical	ADJ
easat-6581	78	8	issues	issue	NOUN
easat-6581	78	9	,	,	PUNCT
easat-6581	78	10	regarding	regard	VERB
easat-6581	78	11	the	the	DET
easat-6581	78	12	application	application	NOUN
easat-6581	78	13	of	of	ADP
easat-6581	78	14	yield	yield	NOUN
easat-6581	78	15	capitalization	capitalization	NOUN
easat-6581	78	16	for	for	ADP
easat-6581	78	17	real	real	ADJ
easat-6581	78	18	estate	estate	NOUN
easat-6581	78	19	appraisal	appraisal	NOUN
easat-6581	78	20	,	,	PUNCT
easat-6581	78	21	concern	concern	NOUN
easat-6581	78	22	the	the	DET
easat-6581	78	23	possibility	possibility	NOUN
easat-6581	78	24	of	of	ADP
easat-6581	78	25	reliably	reliably	ADV
easat-6581	78	26	predicting	predict	VERB
easat-6581	78	27	the	the	DET
easat-6581	78	28	trend	trend	NOUN
easat-6581	78	29	of	of	ADP
easat-6581	78	30	the	the	DET
easat-6581	78	31	income	income	NOUN
easat-6581	78	32	stream	stream	NOUN
easat-6581	78	33	for	for	ADP
easat-6581	78	34	such	such	DET
easat-6581	78	35	a	a	DET
easat-6581	78	36	long	long	ADJ
easat-6581	78	37	period	period	NOUN
easat-6581	78	38	of	of	ADP
easat-6581	78	39	time	time	NOUN
easat-6581	78	40	,	,	PUNCT
easat-6581	78	41	given	give	VERB
easat-6581	78	42	the	the	DET
easat-6581	78	43	high	high	ADJ
easat-6581	78	44	instability	instability	NOUN
easat-6581	78	45	of	of	ADP
easat-6581	78	46	current	current	ADJ
easat-6581	78	47	real	real	ADJ
easat-6581	78	48	estate	estate	NOUN
easat-6581	78	49	markets	market	NOUN
easat-6581	78	50	[	[	X
easat-6581	78	51	24	24	NUM
easat-6581	78	52	]	]	X
easat-6581	78	53	;	;	PUNCT
easat-6581	78	54	furthermore	furthermore	ADV
easat-6581	78	55	,	,	PUNCT
easat-6581	78	56	the	the	DET
easat-6581	78	57	impossibility	impossibility	NOUN
easat-6581	78	58	of	of	ADP
easat-6581	78	59	referring	refer	VERB
easat-6581	78	60	to	to	ADP
easat-6581	78	61	current	current	ADJ
easat-6581	78	62	conditions	condition	NOUN
easat-6581	78	63	and	and	CCONJ
easat-6581	78	64	the	the	DET
easat-6581	78	65	need	need	NOUN
easat-6581	78	66	to	to	PART
easat-6581	78	67	formulate	formulate	VERB
easat-6581	78	68	a	a	DET
easat-6581	78	69	series	series	NOUN
easat-6581	78	70	of	of	ADP
easat-6581	78	71	hypotheses	hypothesis	NOUN
easat-6581	78	72	would	would	AUX
easat-6581	78	73	lead	lead	VERB
easat-6581	78	74	to	to	ADP
easat-6581	78	75	the	the	DET
easat-6581	78	76	estimate	estimate	NOUN
easat-6581	78	77	of	of	ADP
easat-6581	78	78	a	a	DET
easat-6581	78	79	subjective	subjective	ADJ
easat-6581	78	80	value	value	NOUN
easat-6581	78	81	,	,	PUNCT
easat-6581	78	82	not	not	PART
easat-6581	78	83	consistent	consistent	ADJ
easat-6581	78	84	with	with	ADP
easat-6581	78	85	the	the	DET
easat-6581	78	86	estimative	estimative	ADJ
easat-6581	78	87	principles	principle	NOUN
easat-6581	78	88	of	of	ADP
easat-6581	78	89	an	an	DET
easat-6581	78	90	objective	objective	ADJ
easat-6581	78	91	and	and	CCONJ
easat-6581	78	92	generally	generally	ADV
easat-6581	78	93	valid	valid	ADJ
easat-6581	78	94	opinion	opinion	NOUN
easat-6581	78	95	of	of	ADP
easat-6581	78	96	value	value	NOUN
easat-6581	78	97	[	[	X
easat-6581	78	98	25	25	NUM
easat-6581	78	99	]	]	PUNCT
easat-6581	78	100	.	.	PUNCT
easat-6581	79	1	the	the	DET
easat-6581	79	2	profits	profit	NOUN
easat-6581	79	3	method	method	NOUN
easat-6581	79	4	,	,	PUNCT
easat-6581	79	5	based	base	VERB
easat-6581	79	6	on	on	ADP
easat-6581	79	7	the	the	DET
easat-6581	79	8	conversion	conversion	NOUN
easat-6581	79	9	of	of	ADP
easat-6581	79	10	a	a	DET
easat-6581	79	11	single	single	ADJ
easat-6581	79	12	year	year	NOUN
easat-6581	79	13	's	's	PART
easat-6581	79	14	income	income	NOUN
easat-6581	79	15	into	into	ADP
easat-6581	79	16	market	market	NOUN
easat-6581	79	17	value	value	NOUN
easat-6581	79	18	by	by	ADP
easat-6581	79	19	applying	apply	VERB
easat-6581	79	20	an	an	DET
easat-6581	79	21	appropriate	appropriate	ADJ
easat-6581	79	22	risk	risk	NOUN
easat-6581	79	23	rate	rate	NOUN
easat-6581	79	24	,	,	PUNCT
easat-6581	79	25	can	can	AUX
easat-6581	79	26	be	be	AUX
easat-6581	79	27	traced	trace	VERB
easat-6581	79	28	back	back	ADV
easat-6581	79	29	to	to	ADP
easat-6581	79	30	the	the	DET
easat-6581	79	31	direct	direct	ADJ
easat-6581	79	32	capitalization	capitalization	NOUN
easat-6581	79	33	.	.	PUNCT
easat-6581	80	1	in	in	ADP
easat-6581	80	2	fact	fact	NOUN
easat-6581	80	3	,	,	PUNCT
easat-6581	80	4	the	the	DET
easat-6581	80	5	italian	italian	ADJ
easat-6581	80	6	tradition	tradition	NOUN
easat-6581	80	7	does	do	AUX
easat-6581	80	8	not	not	PART
easat-6581	80	9	recognize	recognize	VERB
easat-6581	80	10	this	this	DET
easat-6581	80	11	approach	approach	NOUN
easat-6581	80	12	as	as	ADP
easat-6581	80	13	a	a	DET
easat-6581	80	14	specific	specific	ADJ
easat-6581	80	15	appraisal	appraisal	NOUN
easat-6581	80	16	procedure	procedure	NOUN
easat-6581	80	17	,	,	PUNCT
easat-6581	80	18	but	but	CCONJ
easat-6581	80	19	considers	consider	VERB
easat-6581	80	20	it	it	PRON
easat-6581	80	21	a	a	DET
easat-6581	80	22	particular	particular	ADJ
easat-6581	80	23	case	case	NOUN
easat-6581	80	24	of	of	ADP
easat-6581	80	25	income	income	NOUN
easat-6581	80	26	capitalization	capitalization	NOUN
easat-6581	80	27	:	:	PUNCT
easat-6581	80	28	the	the	DET
easat-6581	80	29	rental	rental	ADJ
easat-6581	80	30	value	value	NOUN
easat-6581	80	31	to	to	PART
easat-6581	80	32	be	be	AUX
easat-6581	80	33	capitalized	capitalize	VERB
easat-6581	80	34	is	be	AUX
easat-6581	80	35	not	not	PART
easat-6581	80	36	derived	derive	VERB
easat-6581	80	37	from	from	ADP
easat-6581	80	38	ordinary	ordinary	ADJ
easat-6581	80	39	market	market	NOUN
easat-6581	80	40	2429	2429	NUM
easat-6581	80	41	edelweiss	edelweiss	PROPN
easat-6581	80	42	applied	apply	VERB
easat-6581	80	43	science	science	NOUN
easat-6581	80	44	and	and	CCONJ
easat-6581	80	45	technology	technology	NOUN
easat-6581	80	46	issn	issn	PROPN
easat-6581	80	47	:	:	PUNCT
easat-6581	80	48	2576	2576	NUM
easat-6581	80	49	-	-	SYM
easat-6581	80	50	8484	8484	NUM
easat-6581	80	51	vol	vol	NOUN
easat-6581	80	52	.	.	PROPN
easat-6581	81	1	9	9	NUM
easat-6581	81	2	,	,	PUNCT
easat-6581	81	3	no	no	INTJ
easat-6581	81	4	.	.	NOUN
easat-6581	81	5	4	4	NUM
easat-6581	81	6	:	:	SYM
easat-6581	81	7	2424	2424	NUM
easat-6581	81	8	-	-	SYM
easat-6581	81	9	2431	2431	NUM
easat-6581	81	10	,	,	PUNCT
easat-6581	81	11	2025	2025	NUM
easat-6581	81	12	doi	doi	NOUN
easat-6581	81	13	:	:	PUNCT
easat-6581	81	14	10.55214/25768484.v9i4.6581	10.55214/25768484.v9i4.6581	NUM
easat-6581	81	15	©	©	PROPN
easat-6581	81	16	2025	2025	NUM
easat-6581	81	17	by	by	ADP
easat-6581	81	18	the	the	DET
easat-6581	81	19	author	author	NOUN
easat-6581	81	20	;	;	PUNCT
easat-6581	81	21	licensee	licensee	PROPN
easat-6581	81	22	learning	learn	VERB
easat-6581	81	23	gate	gate	NOUN
easat-6581	81	24	rents	rent	NOUN
easat-6581	81	25	of	of	ADP
easat-6581	81	26	comparable	comparable	ADJ
easat-6581	81	27	properties	property	NOUN
easat-6581	81	28	to	to	ADP
easat-6581	81	29	the	the	DET
easat-6581	81	30	subject	subject	NOUN
easat-6581	81	31	,	,	PUNCT
easat-6581	81	32	but	but	CCONJ
easat-6581	81	33	represents	represent	VERB
easat-6581	81	34	a	a	DET
easat-6581	81	35	portion	portion	NOUN
easat-6581	81	36	of	of	ADP
easat-6581	81	37	the	the	DET
easat-6581	81	38	divisible	divisible	ADJ
easat-6581	81	39	balance	balance	NOUN
easat-6581	81	40	(	(	PUNCT
easat-6581	81	41	net	net	ADJ
easat-6581	81	42	profit	profit	NOUN
easat-6581	81	43	)	)	PUNCT
easat-6581	81	44	of	of	ADP
easat-6581	81	45	the	the	DET
easat-6581	81	46	business	business	NOUN
easat-6581	81	47	that	that	PRON
easat-6581	81	48	takes	take	VERB
easat-6581	81	49	place	place	NOUN
easat-6581	81	50	in	in	ADP
easat-6581	81	51	the	the	DET
easat-6581	81	52	property	property	NOUN
easat-6581	81	53	to	to	PART
easat-6581	81	54	be	be	AUX
easat-6581	81	55	valued	value	VERB
easat-6581	81	56	;	;	PUNCT
easat-6581	81	57	it	it	PRON
easat-6581	81	58	is	be	AUX
easat-6581	81	59	assumed	assume	VERB
easat-6581	81	60	that	that	SCONJ
easat-6581	81	61	such	such	ADJ
easat-6581	81	62	part	part	NOUN
easat-6581	81	63	can	can	AUX
easat-6581	81	64	be	be	AUX
easat-6581	81	65	attributed	attribute	VERB
easat-6581	81	66	to	to	ADP
easat-6581	81	67	the	the	DET
easat-6581	81	68	owner	owner	NOUN
easat-6581	81	69	of	of	ADP
easat-6581	81	70	the	the	DET
easat-6581	81	71	property	property	NOUN
easat-6581	81	72	as	as	ADP
easat-6581	81	73	annual	annual	ADJ
easat-6581	81	74	rent	rent	NOUN
easat-6581	81	75	.	.	PUNCT
easat-6581	82	1	however	however	ADV
easat-6581	82	2	,	,	PUNCT
easat-6581	82	3	since	since	SCONJ
easat-6581	82	4	the	the	DET
easat-6581	82	5	income	income	NOUN
easat-6581	82	6	is	be	AUX
easat-6581	82	7	inferred	infer	VERB
easat-6581	82	8	from	from	ADP
easat-6581	82	9	specific	specific	ADJ
easat-6581	82	10	data	datum	NOUN
easat-6581	82	11	of	of	ADP
easat-6581	82	12	the	the	DET
easat-6581	82	13	business	business	NOUN
easat-6581	82	14	and	and	CCONJ
easat-6581	82	15	not	not	PART
easat-6581	82	16	from	from	ADP
easat-6581	82	17	ordinary	ordinary	ADJ
easat-6581	82	18	values	value	NOUN
easat-6581	82	19	found	find	VERB
easat-6581	82	20	in	in	ADP
easat-6581	82	21	the	the	DET
easat-6581	82	22	market	market	NOUN
easat-6581	82	23	for	for	ADP
easat-6581	82	24	similar	similar	ADJ
easat-6581	82	25	properties	property	NOUN
easat-6581	82	26	,	,	PUNCT
easat-6581	82	27	there	there	PRON
easat-6581	82	28	may	may	AUX
easat-6581	82	29	be	be	AUX
easat-6581	82	30	limitations	limitation	NOUN
easat-6581	82	31	with	with	ADP
easat-6581	82	32	respect	respect	NOUN
easat-6581	82	33	to	to	ADP
easat-6581	82	34	consistency	consistency	NOUN
easat-6581	82	35	with	with	ADP
easat-6581	82	36	the	the	DET
easat-6581	82	37	appraisal	appraisal	NOUN
easat-6581	82	38	principles	principle	NOUN
easat-6581	82	39	of	of	ADP
easat-6581	82	40	objectivity	objectivity	NOUN
easat-6581	82	41	and	and	CCONJ
easat-6581	82	42	the	the	DET
easat-6581	82	43	identification	identification	NOUN
easat-6581	82	44	of	of	ADP
easat-6581	82	45	an	an	DET
easat-6581	82	46	ordinary	ordinary	ADJ
easat-6581	82	47	value	value	NOUN
easat-6581	82	48	.	.	PUNCT
easat-6581	83	1	therefore	therefore	ADV
easat-6581	83	2	,	,	PUNCT
easat-6581	83	3	the	the	DET
easat-6581	83	4	profits	profit	NOUN
easat-6581	83	5	method	method	NOUN
easat-6581	83	6	should	should	AUX
easat-6581	83	7	be	be	AUX
easat-6581	83	8	used	use	VERB
easat-6581	83	9	only	only	ADV
easat-6581	83	10	for	for	ADP
easat-6581	83	11	the	the	DET
easat-6581	83	12	appraisal	appraisal	NOUN
easat-6581	83	13	of	of	ADP
easat-6581	83	14	special	special	ADJ
easat-6581	83	15	properties	property	NOUN
easat-6581	83	16	and	and	CCONJ
easat-6581	83	17	in	in	ADP
easat-6581	83	18	exceptional	exceptional	ADJ
easat-6581	83	19	situations	situation	NOUN
easat-6581	83	20	,	,	PUNCT
easat-6581	83	21	where	where	SCONJ
easat-6581	83	22	it	it	PRON
easat-6581	83	23	is	be	AUX
easat-6581	83	24	not	not	PART
easat-6581	83	25	possible	possible	ADJ
easat-6581	83	26	to	to	PART
easat-6581	83	27	apply	apply	VERB
easat-6581	83	28	other	other	ADJ
easat-6581	83	29	appraisal	appraisal	NOUN
easat-6581	83	30	procedures	procedure	NOUN
easat-6581	83	31	.	.	PUNCT
easat-6581	84	1	3.3	3.3	NUM
easat-6581	84	2	.	.	PUNCT
easat-6581	85	1	development	development	NOUN
easat-6581	85	2	value	value	NOUN
easat-6581	85	3	and	and	CCONJ
easat-6581	85	4	residual	residual	ADJ
easat-6581	85	5	method	method	NOUN
easat-6581	85	6	the	the	DET
easat-6581	85	7	procedure	procedure	NOUN
easat-6581	85	8	derived	derive	VERB
easat-6581	85	9	from	from	ADP
easat-6581	85	10	the	the	DET
easat-6581	85	11	development	development	NOUN
easat-6581	85	12	value	value	NOUN
easat-6581	85	13	used	use	VERB
easat-6581	85	14	to	to	PART
easat-6581	85	15	estimate	estimate	VERB
easat-6581	85	16	the	the	DET
easat-6581	85	17	market	market	NOUN
easat-6581	85	18	value	value	NOUN
easat-6581	85	19	of	of	ADP
easat-6581	85	20	production	production	NOUN
easat-6581	85	21	factors	factor	NOUN
easat-6581	85	22	(	(	PUNCT
easat-6581	85	23	e.	e.	PROPN
easat-6581	85	24	g.	g.	PROPN
easat-6581	85	25	undeveloped	undeveloped	PROPN
easat-6581	85	26	land	land	NOUN
easat-6581	85	27	,	,	PUNCT
easat-6581	85	28	land	land	NOUN
easat-6581	85	29	with	with	ADP
easat-6581	85	30	obsolescent	obsolescent	ADJ
easat-6581	85	31	or	or	CCONJ
easat-6581	85	32	unsuitable	unsuitable	ADJ
easat-6581	85	33	building	building	NOUN
easat-6581	85	34	,	,	PUNCT
easat-6581	85	35	etc	etc	X
easat-6581	85	36	.	.	X
easat-6581	85	37	)	)	PUNCT
easat-6581	85	38	,	,	PUNCT
easat-6581	85	39	in	in	ADP
easat-6581	85	40	the	the	DET
easat-6581	85	41	european	european	ADJ
easat-6581	85	42	context	context	NOUN
easat-6581	85	43	,	,	PUNCT
easat-6581	85	44	corresponds	correspond	VERB
easat-6581	85	45	to	to	ADP
easat-6581	85	46	the	the	DET
easat-6581	85	47	residual	residual	ADJ
easat-6581	85	48	method	method	NOUN
easat-6581	85	49	;	;	PUNCT
easat-6581	85	50	the	the	DET
easat-6581	85	51	residual	residual	ADJ
easat-6581	85	52	value	value	NOUN
easat-6581	85	53	of	of	ADP
easat-6581	85	54	a	a	DET
easat-6581	85	55	site	site	NOUN
easat-6581	85	56	represents	represent	VERB
easat-6581	85	57	the	the	DET
easat-6581	85	58	amount	amount	NOUN
easat-6581	85	59	available	available	ADJ
easat-6581	85	60	for	for	ADP
easat-6581	85	61	land	land	NOUN
easat-6581	85	62	purchase	purchase	NOUN
easat-6581	85	63	,	,	PUNCT
easat-6581	85	64	found	find	VERB
easat-6581	85	65	by	by	ADP
easat-6581	85	66	deducting	deduct	VERB
easat-6581	85	67	the	the	DET
easat-6581	85	68	development	development	NOUN
easat-6581	85	69	costs	cost	NOUN
easat-6581	85	70	(	(	PUNCT
easat-6581	85	71	including	include	VERB
easat-6581	85	72	the	the	DET
easat-6581	85	73	developer	developer	NOUN
easat-6581	85	74	’s	’s	PART
easat-6581	85	75	risk	risk	NOUN
easat-6581	85	76	and	and	CCONJ
easat-6581	85	77	profit	profit	NOUN
easat-6581	85	78	)	)	PUNCT
easat-6581	85	79	from	from	ADP
easat-6581	85	80	the	the	DET
easat-6581	85	81	gross	gross	ADJ
easat-6581	85	82	development	development	NOUN
easat-6581	85	83	value	value	NOUN
easat-6581	85	84	.	.	PUNCT
easat-6581	86	1	there	there	PRON
easat-6581	86	2	are	be	VERB
easat-6581	86	3	significant	significant	ADJ
easat-6581	86	4	elements	element	NOUN
easat-6581	86	5	of	of	ADP
easat-6581	86	6	analogy	analogy	NOUN
easat-6581	86	7	between	between	ADP
easat-6581	86	8	the	the	DET
easat-6581	86	9	european	european	ADJ
easat-6581	86	10	and	and	CCONJ
easat-6581	86	11	italian	italian	ADJ
easat-6581	86	12	procedures	procedure	NOUN
easat-6581	86	13	:	:	PUNCT
easat-6581	86	14	•	•	ADP
easat-6581	86	15	the	the	DET
easat-6581	86	16	gross	gross	ADJ
easat-6581	86	17	development	development	NOUN
easat-6581	86	18	value	value	NOUN
easat-6581	86	19	is	be	AUX
easat-6581	86	20	estimated	estimate	VERB
easat-6581	86	21	as	as	ADP
easat-6581	86	22	the	the	DET
easat-6581	86	23	market	market	NOUN
easat-6581	86	24	value	value	NOUN
easat-6581	86	25	of	of	ADP
easat-6581	86	26	the	the	DET
easat-6581	86	27	property	property	NOUN
easat-6581	86	28	after	after	ADP
easat-6581	86	29	development	development	NOUN
easat-6581	86	30	,	,	PUNCT
easat-6581	86	31	taking	take	VERB
easat-6581	86	32	into	into	ADP
easat-6581	86	33	account	account	NOUN
easat-6581	86	34	its	its	PRON
easat-6581	86	35	hbu	hbu	NOUN
easat-6581	86	36	and	and	CCONJ
easat-6581	86	37	forecasting	forecast	VERB
easat-6581	86	38	the	the	DET
easat-6581	86	39	predictable	predictable	ADJ
easat-6581	86	40	market	market	NOUN
easat-6581	86	41	situation	situation	NOUN
easat-6581	86	42	at	at	ADP
easat-6581	86	43	the	the	DET
easat-6581	86	44	end	end	NOUN
easat-6581	86	45	of	of	ADP
easat-6581	86	46	the	the	DET
easat-6581	86	47	development	development	NOUN
easat-6581	86	48	process	process	NOUN
easat-6581	86	49	;	;	PUNCT
easat-6581	86	50	•	•	ADP
easat-6581	86	51	the	the	DET
easat-6581	86	52	development	development	NOUN
easat-6581	86	53	costs	cost	NOUN
easat-6581	86	54	include	include	VERB
easat-6581	86	55	all	all	DET
easat-6581	86	56	the	the	DET
easat-6581	86	57	expenses	expense	NOUN
easat-6581	86	58	that	that	PRON
easat-6581	86	59	the	the	DET
easat-6581	86	60	developer	developer	NOUN
easat-6581	86	61	incurs	incur	VERB
easat-6581	86	62	for	for	ADP
easat-6581	86	63	the	the	DET
easat-6581	86	64	realization	realization	NOUN
easat-6581	86	65	of	of	ADP
easat-6581	86	66	the	the	DET
easat-6581	86	67	developed	develop	VERB
easat-6581	86	68	land	land	NOUN
easat-6581	86	69	(	(	PUNCT
easat-6581	86	70	construction	construction	NOUN
easat-6581	86	71	costs	cost	NOUN
easat-6581	86	72	,	,	PUNCT
easat-6581	86	73	professional	professional	ADJ
easat-6581	86	74	fees	fee	NOUN
easat-6581	86	75	and	and	CCONJ
easat-6581	86	76	charges	charge	NOUN
easat-6581	86	77	,	,	PUNCT
easat-6581	86	78	lettings	letting	NOUN
easat-6581	86	79	,	,	PUNCT
easat-6581	86	80	short	short	ADJ
easat-6581	86	81	-	-	PUNCT
easat-6581	86	82	term	term	NOUN
easat-6581	86	83	finance	finance	NOUN
easat-6581	86	84	,	,	PUNCT
easat-6581	86	85	agency	agency	NOUN
easat-6581	86	86	fees	fee	NOUN
easat-6581	86	87	)	)	PUNCT
easat-6581	86	88	;	;	PUNCT
easat-6581	86	89	•	•	ADP
easat-6581	86	90	the	the	DET
easat-6581	86	91	developer	developer	NOUN
easat-6581	86	92	's	's	PART
easat-6581	86	93	profit	profit	NOUN
easat-6581	86	94	represents	represent	VERB
easat-6581	86	95	the	the	DET
easat-6581	86	96	compensation	compensation	NOUN
easat-6581	86	97	for	for	ADP
easat-6581	86	98	the	the	DET
easat-6581	86	99	risks	risk	NOUN
easat-6581	86	100	of	of	ADP
easat-6581	86	101	production	production	NOUN
easat-6581	86	102	and	and	CCONJ
easat-6581	86	103	an	an	DET
easat-6581	86	104	incentive	incentive	NOUN
easat-6581	86	105	for	for	ADP
easat-6581	86	106	investment	investment	NOUN
easat-6581	86	107	;	;	PUNCT
easat-6581	86	108	it	it	PRON
easat-6581	86	109	is	be	AUX
easat-6581	86	110	considered	consider	VERB
easat-6581	86	111	as	as	ADP
easat-6581	86	112	a	a	DET
easat-6581	86	113	cost	cost	NOUN
easat-6581	86	114	to	to	PART
easat-6581	86	115	be	be	AUX
easat-6581	86	116	derived	derive	VERB
easat-6581	86	117	from	from	ADP
easat-6581	86	118	the	the	DET
easat-6581	86	119	gross	gross	ADJ
easat-6581	86	120	development	development	NOUN
easat-6581	86	121	value	value	NOUN
easat-6581	86	122	and	and	CCONJ
easat-6581	86	123	,	,	PUNCT
easat-6581	86	124	in	in	ADP
easat-6581	86	125	general	general	ADJ
easat-6581	86	126	,	,	PUNCT
easat-6581	86	127	can	can	AUX
easat-6581	86	128	be	be	AUX
easat-6581	86	129	estimated	estimate	VERB
easat-6581	86	130	as	as	ADP
easat-6581	86	131	a	a	DET
easat-6581	86	132	percentage	percentage	NOUN
easat-6581	86	133	of	of	ADP
easat-6581	86	134	the	the	DET
easat-6581	86	135	capital	capital	NOUN
easat-6581	86	136	value	value	NOUN
easat-6581	86	137	of	of	ADP
easat-6581	86	138	the	the	DET
easat-6581	86	139	completed	complete	VERB
easat-6581	86	140	development	development	NOUN
easat-6581	86	141	or	or	CCONJ
easat-6581	86	142	a	a	DET
easat-6581	86	143	percentage	percentage	NOUN
easat-6581	86	144	of	of	ADP
easat-6581	86	145	the	the	DET
easat-6581	86	146	overall	overall	ADJ
easat-6581	86	147	development	development	NOUN
easat-6581	86	148	costs	cost	NOUN
easat-6581	86	149	;	;	PUNCT
easat-6581	86	150	its	its	PRON
easat-6581	86	151	amount	amount	NOUN
easat-6581	86	152	varies	vary	VERB
easat-6581	86	153	according	accord	VERB
easat-6581	86	154	to	to	ADP
easat-6581	86	155	the	the	DET
easat-6581	86	156	complexity	complexity	NOUN
easat-6581	86	157	of	of	ADP
easat-6581	86	158	the	the	DET
easat-6581	86	159	development	development	NOUN
easat-6581	86	160	process	process	NOUN
easat-6581	86	161	,	,	PUNCT
easat-6581	86	162	the	the	DET
easat-6581	86	163	level	level	NOUN
easat-6581	86	164	of	of	ADP
easat-6581	86	165	risk	risk	NOUN
easat-6581	86	166	and	and	CCONJ
easat-6581	86	167	the	the	DET
easat-6581	86	168	expected	expected	ADJ
easat-6581	86	169	market	market	NOUN
easat-6581	86	170	conditions	condition	NOUN
easat-6581	86	171	.	.	PUNCT
easat-6581	87	1	in	in	ADP
easat-6581	87	2	the	the	DET
easat-6581	87	3	north	north	ADJ
easat-6581	87	4	american	american	ADJ
easat-6581	87	5	context	context	NOUN
easat-6581	87	6	,	,	PUNCT
easat-6581	87	7	the	the	DET
easat-6581	87	8	residual	residual	ADJ
easat-6581	87	9	method	method	NOUN
easat-6581	87	10	is	be	AUX
easat-6581	87	11	not	not	PART
easat-6581	87	12	indicated	indicate	VERB
easat-6581	87	13	as	as	ADP
easat-6581	87	14	an	an	DET
easat-6581	87	15	autonomous	autonomous	ADJ
easat-6581	87	16	approach	approach	NOUN
easat-6581	87	17	to	to	ADP
easat-6581	87	18	value	value	NOUN
easat-6581	87	19	,	,	PUNCT
easat-6581	87	20	but	but	CCONJ
easat-6581	87	21	is	be	AUX
easat-6581	87	22	traced	trace	VERB
easat-6581	87	23	back	back	ADV
easat-6581	87	24	to	to	ADP
easat-6581	87	25	the	the	DET
easat-6581	87	26	discounted	discount	VERB
easat-6581	87	27	cash	cash	NOUN
easat-6581	87	28	flow	flow	NOUN
easat-6581	87	29	dcf	dcf	NOUN
easat-6581	87	30	analysis	analysis	NOUN
easat-6581	87	31	.	.	PUNCT
easat-6581	88	1	by	by	ADP
easat-6581	88	2	applying	apply	VERB
easat-6581	88	3	the	the	DET
easat-6581	88	4	subdivision	subdivision	NOUN
easat-6581	88	5	development	development	NOUN
easat-6581	88	6	analysis	analysis	NOUN
easat-6581	88	7	,	,	PUNCT
easat-6581	88	8	the	the	DET
easat-6581	88	9	market	market	NOUN
easat-6581	88	10	value	value	NOUN
easat-6581	88	11	of	of	ADP
easat-6581	88	12	the	the	DET
easat-6581	88	13	finished	finished	ADJ
easat-6581	88	14	lots	lot	NOUN
easat-6581	88	15	,	,	PUNCT
easat-6581	88	16	the	the	DET
easat-6581	88	17	length	length	NOUN
easat-6581	88	18	of	of	ADP
easat-6581	88	19	development	development	NOUN
easat-6581	88	20	and	and	CCONJ
easat-6581	88	21	marketing	marketing	NOUN
easat-6581	88	22	periods	period	NOUN
easat-6581	88	23	,	,	PUNCT
easat-6581	88	24	and	and	CCONJ
easat-6581	88	25	the	the	DET
easat-6581	88	26	absorption	absorption	NOUN
easat-6581	88	27	rate	rate	NOUN
easat-6581	88	28	are	be	AUX
easat-6581	88	29	estimated	estimate	VERB
easat-6581	88	30	;	;	PUNCT
easat-6581	88	31	then	then	ADV
easat-6581	88	32	gross	gross	ADJ
easat-6581	88	33	income	income	NOUN
easat-6581	88	34	and	and	CCONJ
easat-6581	88	35	expenses	expense	NOUN
easat-6581	88	36	are	be	AUX
easat-6581	88	37	distributed	distribute	VERB
easat-6581	88	38	over	over	ADP
easat-6581	88	39	time	time	NOUN
easat-6581	88	40	,	,	PUNCT
easat-6581	88	41	identifying	identify	VERB
easat-6581	88	42	the	the	DET
easat-6581	88	43	annual	annual	ADJ
easat-6581	88	44	cash	cash	NOUN
easat-6581	88	45	flows	flow	NOUN
easat-6581	88	46	;	;	PUNCT
easat-6581	88	47	the	the	DET
easat-6581	88	48	cash	cash	NOUN
easat-6581	88	49	flows	flow	NOUN
easat-6581	88	50	are	be	AUX
easat-6581	88	51	finally	finally	ADV
easat-6581	88	52	discounted	discount	VERB
easat-6581	88	53	to	to	PART
easat-6581	88	54	arrive	arrive	VERB
easat-6581	88	55	at	at	ADP
easat-6581	88	56	the	the	DET
easat-6581	88	57	indication	indication	NOUN
easat-6581	88	58	of	of	ADP
easat-6581	88	59	the	the	DET
easat-6581	88	60	value	value	NOUN
easat-6581	88	61	of	of	ADP
easat-6581	88	62	the	the	DET
easat-6581	88	63	land	land	NOUN
easat-6581	88	64	;	;	PUNCT
easat-6581	88	65	the	the	DET
easat-6581	88	66	discount	discount	NOUN
easat-6581	88	67	rate	rate	NOUN
easat-6581	88	68	takes	take	VERB
easat-6581	88	69	into	into	ADP
easat-6581	88	70	account	account	NOUN
easat-6581	88	71	the	the	DET
easat-6581	88	72	developer	developer	NOUN
easat-6581	88	73	's	's	PART
easat-6581	88	74	expected	expect	VERB
easat-6581	88	75	profit	profit	NOUN
easat-6581	88	76	and	and	CCONJ
easat-6581	88	77	the	the	DET
easat-6581	88	78	risk	risk	NOUN
easat-6581	88	79	associated	associate	VERB
easat-6581	88	80	with	with	ADP
easat-6581	88	81	the	the	DET
easat-6581	88	82	transformation	transformation	NOUN
easat-6581	88	83	operation	operation	NOUN
easat-6581	88	84	.	.	PUNCT
easat-6581	89	1	3.4	3.4	NUM
easat-6581	89	2	.	.	PUNCT
easat-6581	89	3	depreciated	depreciate	VERB
easat-6581	89	4	replacement	replacement	NOUN
easat-6581	89	5	cost	cost	NOUN
easat-6581	89	6	and	and	CCONJ
easat-6581	89	7	cost	cost	NOUN
easat-6581	89	8	approach	approach	NOUN
easat-6581	89	9	the	the	DET
easat-6581	89	10	cost	cost	NOUN
easat-6581	89	11	approach	approach	NOUN
easat-6581	89	12	is	be	AUX
easat-6581	89	13	an	an	DET
easat-6581	89	14	appraisal	appraisal	NOUN
easat-6581	89	15	procedure	procedure	NOUN
easat-6581	89	16	which	which	PRON
easat-6581	89	17	estimates	estimate	VERB
easat-6581	89	18	the	the	DET
easat-6581	89	19	market	market	NOUN
easat-6581	89	20	value	value	NOUN
easat-6581	89	21	of	of	ADP
easat-6581	89	22	a	a	DET
easat-6581	89	23	property	property	NOUN
easat-6581	89	24	by	by	ADP
easat-6581	89	25	adding	add	VERB
easat-6581	89	26	the	the	DET
easat-6581	89	27	land	land	NOUN
easat-6581	89	28	value	value	NOUN
easat-6581	89	29	and	and	CCONJ
easat-6581	89	30	the	the	DET
easat-6581	89	31	cost	cost	NOUN
easat-6581	89	32	required	require	VERB
easat-6581	89	33	to	to	PART
easat-6581	89	34	reconstruct	reconstruct	VERB
easat-6581	89	35	the	the	DET
easat-6581	89	36	existing	exist	VERB
easat-6581	89	37	building	building	NOUN
easat-6581	89	38	,	,	PUNCT
easat-6581	89	39	eventually	eventually	ADV
easat-6581	89	40	depreciated	depreciate	VERB
easat-6581	89	41	to	to	PART
easat-6581	89	42	take	take	VERB
easat-6581	89	43	into	into	ADP
easat-6581	89	44	account	account	NOUN
easat-6581	89	45	the	the	DET
easat-6581	89	46	progressive	progressive	ADJ
easat-6581	89	47	loss	loss	NOUN
easat-6581	89	48	of	of	ADP
easat-6581	89	49	value	value	NOUN
easat-6581	89	50	of	of	ADP
easat-6581	89	51	the	the	DET
easat-6581	89	52	property	property	NOUN
easat-6581	89	53	generated	generate	VERB
easat-6581	89	54	by	by	ADP
easat-6581	89	55	physical	physical	ADJ
easat-6581	89	56	deterioration	deterioration	NOUN
easat-6581	89	57	,	,	PUNCT
easat-6581	89	58	functional	functional	ADJ
easat-6581	89	59	obsolescence	obsolescence	NOUN
easat-6581	89	60	and	and	CCONJ
easat-6581	89	61	external	external	ADJ
easat-6581	89	62	obsolescence	obsolescence	NOUN
easat-6581	89	63	.	.	PUNCT
easat-6581	90	1	the	the	DET
easat-6581	90	2	value	value	NOUN
easat-6581	90	3	of	of	ADP
easat-6581	90	4	the	the	DET
easat-6581	90	5	land	land	NOUN
easat-6581	90	6	is	be	AUX
easat-6581	90	7	estimated	estimate	VERB
easat-6581	90	8	as	as	ADP
easat-6581	90	9	though	though	SCONJ
easat-6581	90	10	vacant	vacant	ADJ
easat-6581	90	11	and	and	CCONJ
easat-6581	90	12	available	available	ADJ
easat-6581	90	13	for	for	ADP
easat-6581	90	14	development	development	NOUN
easat-6581	90	15	according	accord	VERB
easat-6581	90	16	to	to	ADP
easat-6581	90	17	its	its	PRON
easat-6581	90	18	hbu	hbu	NOUN
easat-6581	90	19	;	;	PUNCT
easat-6581	90	20	the	the	DET
easat-6581	90	21	replacement	replacement	NOUN
easat-6581	90	22	cost	cost	NOUN
easat-6581	90	23	is	be	AUX
easat-6581	90	24	the	the	DET
easat-6581	90	25	cost	cost	NOUN
easat-6581	90	26	that	that	PRON
easat-6581	90	27	would	would	AUX
easat-6581	90	28	be	be	AUX
easat-6581	90	29	incurred	incur	VERB
easat-6581	90	30	to	to	PART
easat-6581	90	31	construct	construct	VERB
easat-6581	90	32	a	a	DET
easat-6581	90	33	building	building	NOUN
easat-6581	90	34	similar	similar	ADJ
easat-6581	90	35	to	to	ADP
easat-6581	90	36	the	the	DET
easat-6581	90	37	existing	exist	VERB
easat-6581	90	38	one	one	NUM
easat-6581	90	39	(	(	PUNCT
easat-6581	90	40	in	in	ADP
easat-6581	90	41	terms	term	NOUN
easat-6581	90	42	of	of	ADP
easat-6581	90	43	functional	functional	ADJ
easat-6581	90	44	utility	utility	NOUN
easat-6581	90	45	,	,	PUNCT
easat-6581	90	46	location	location	NOUN
easat-6581	90	47	and	and	CCONJ
easat-6581	90	48	size	size	NOUN
easat-6581	90	49	)	)	PUNCT
easat-6581	90	50	,	,	PUNCT
easat-6581	90	51	at	at	ADP
easat-6581	90	52	current	current	ADJ
easat-6581	90	53	prices	price	NOUN
easat-6581	90	54	as	as	ADP
easat-6581	90	55	of	of	ADP
easat-6581	90	56	the	the	DET
easat-6581	90	57	date	date	NOUN
easat-6581	90	58	of	of	ADP
easat-6581	90	59	the	the	DET
easat-6581	90	60	appraisal	appraisal	NOUN
easat-6581	90	61	,	,	PUNCT
easat-6581	90	62	with	with	ADP
easat-6581	90	63	modern	modern	ADJ
easat-6581	90	64	construction	construction	NOUN
easat-6581	90	65	techniques	technique	NOUN
easat-6581	90	66	and	and	CCONJ
easat-6581	90	67	materials	material	NOUN
easat-6581	90	68	,	,	PUNCT
easat-6581	90	69	and	and	CCONJ
easat-6581	90	70	current	current	ADJ
easat-6581	90	71	design	design	NOUN
easat-6581	90	72	and	and	CCONJ
easat-6581	90	73	layout	layout	NOUN
easat-6581	90	74	.	.	PUNCT
easat-6581	91	1	this	this	DET
easat-6581	91	2	approach	approach	NOUN
easat-6581	91	3	corresponds	correspond	VERB
easat-6581	91	4	to	to	ADP
easat-6581	91	5	the	the	DET
easat-6581	91	6	italian	italian	ADJ
easat-6581	91	7	procedure	procedure	NOUN
easat-6581	91	8	of	of	ADP
easat-6581	91	9	the	the	DET
easat-6581	91	10	depreciated	depreciate	VERB
easat-6581	91	11	replacement	replacement	NOUN
easat-6581	91	12	cost	cost	NOUN
easat-6581	91	13	.	.	PUNCT
easat-6581	92	1	the	the	DET
easat-6581	92	2	main	main	ADJ
easat-6581	92	3	differences	difference	NOUN
easat-6581	92	4	between	between	ADP
easat-6581	92	5	the	the	DET
easat-6581	92	6	international	international	ADJ
easat-6581	92	7	procedure	procedure	NOUN
easat-6581	92	8	and	and	CCONJ
easat-6581	92	9	the	the	DET
easat-6581	92	10	italian	italian	ADJ
easat-6581	92	11	one	one	NUM
easat-6581	92	12	concern	concern	NOUN
easat-6581	92	13	above	above	ADP
easat-6581	92	14	all	all	DET
easat-6581	92	15	the	the	DET
easat-6581	92	16	methods	method	NOUN
easat-6581	92	17	used	use	VERB
easat-6581	92	18	to	to	PART
easat-6581	92	19	estimate	estimate	VERB
easat-6581	92	20	the	the	DET
easat-6581	92	21	depreciation	depreciation	NOUN
easat-6581	92	22	.	.	PUNCT
easat-6581	93	1	in	in	ADP
easat-6581	93	2	the	the	DET
easat-6581	93	3	italian	italian	ADJ
easat-6581	93	4	tradition	tradition	NOUN
easat-6581	93	5	,	,	PUNCT
easat-6581	93	6	the	the	DET
easat-6581	93	7	depreciation	depreciation	NOUN
easat-6581	93	8	caused	cause	VERB
easat-6581	93	9	by	by	ADP
easat-6581	93	10	age	age	NOUN
easat-6581	93	11	and	and	CCONJ
easat-6581	93	12	physical	physical	ADJ
easat-6581	93	13	wear	wear	NOUN
easat-6581	93	14	on	on	ADP
easat-6581	93	15	the	the	DET
easat-6581	93	16	building	building	NOUN
easat-6581	93	17	is	be	AUX
easat-6581	93	18	estimated	estimate	VERB
easat-6581	93	19	considering	consider	VERB
easat-6581	93	20	to	to	ADP
easat-6581	93	21	the	the	DET
easat-6581	93	22	cost	cost	NOUN
easat-6581	93	23	necessary	necessary	ADJ
easat-6581	93	24	to	to	PART
easat-6581	93	25	restore	restore	VERB
easat-6581	93	26	the	the	DET
easat-6581	93	27	building	building	NOUN
easat-6581	93	28	to	to	ADP
easat-6581	93	29	its	its	PRON
easat-6581	93	30	original	original	ADJ
easat-6581	93	31	condition	condition	NOUN
easat-6581	93	32	,	,	PUNCT
easat-6581	93	33	often	often	ADV
easat-6581	93	34	represented	represent	VERB
easat-6581	93	35	by	by	ADP
easat-6581	93	36	mean	mean	NOUN
easat-6581	93	37	of	of	ADP
easat-6581	93	38	depreciation	depreciation	NOUN
easat-6581	93	39	curves	curve	NOUN
easat-6581	93	40	that	that	PRON
easat-6581	93	41	relay	relay	VERB
easat-6581	93	42	the	the	DET
easat-6581	93	43	percentage	percentage	NOUN
easat-6581	93	44	of	of	ADP
easat-6581	93	45	2430	2430	NUM
easat-6581	93	46	edelweiss	edelweiss	PROPN
easat-6581	93	47	applied	apply	VERB
easat-6581	93	48	science	science	NOUN
easat-6581	93	49	and	and	CCONJ
easat-6581	93	50	technology	technology	NOUN
easat-6581	93	51	issn	issn	PROPN
easat-6581	93	52	:	:	PUNCT
easat-6581	93	53	2576	2576	NUM
easat-6581	93	54	-	-	SYM
easat-6581	93	55	8484	8484	NUM
easat-6581	93	56	vol	vol	NOUN
easat-6581	93	57	.	.	PROPN
easat-6581	94	1	9	9	NUM
easat-6581	94	2	,	,	PUNCT
easat-6581	94	3	no	no	INTJ
easat-6581	94	4	.	.	NOUN
easat-6581	94	5	4	4	NUM
easat-6581	94	6	:	:	SYM
easat-6581	94	7	2424	2424	NUM
easat-6581	94	8	-	-	SYM
easat-6581	94	9	2431	2431	NUM
easat-6581	94	10	,	,	PUNCT
easat-6581	94	11	2025	2025	NUM
easat-6581	94	12	doi	doi	NOUN
easat-6581	94	13	:	:	PUNCT
easat-6581	94	14	10.55214/25768484.v9i4.6581	10.55214/25768484.v9i4.6581	NUM
easat-6581	94	15	©	©	PROPN
easat-6581	94	16	2025	2025	NUM
easat-6581	94	17	by	by	ADP
easat-6581	94	18	the	the	DET
easat-6581	94	19	author	author	NOUN
easat-6581	94	20	;	;	PUNCT
easat-6581	94	21	licensee	licensee	PROPN
easat-6581	94	22	learning	learn	VERB
easat-6581	94	23	gate	gate	NOUN
easat-6581	94	24	depreciation	depreciation	NOUN
easat-6581	94	25	of	of	ADP
easat-6581	94	26	the	the	DET
easat-6581	94	27	building	building	NOUN
easat-6581	94	28	with	with	ADP
easat-6581	94	29	the	the	DET
easat-6581	94	30	variation	variation	NOUN
easat-6581	94	31	of	of	ADP
easat-6581	94	32	its	its	PRON
easat-6581	94	33	physical	physical	ADJ
easat-6581	94	34	age	age	NOUN
easat-6581	94	35	;	;	PUNCT
easat-6581	94	36	to	to	PART
easat-6581	94	37	estimate	estimate	VERB
easat-6581	94	38	depreciation	depreciation	NOUN
easat-6581	94	39	due	due	ADP
easat-6581	94	40	to	to	ADP
easat-6581	94	41	functional	functional	ADJ
easat-6581	94	42	obsolescence	obsolescence	NOUN
easat-6581	94	43	,	,	PUNCT
easat-6581	94	44	if	if	SCONJ
easat-6581	94	45	curable	curable	ADJ
easat-6581	94	46	,	,	PUNCT
easat-6581	94	47	reference	reference	NOUN
easat-6581	94	48	is	be	AUX
easat-6581	94	49	made	make	VERB
easat-6581	94	50	to	to	ADP
easat-6581	94	51	the	the	DET
easat-6581	94	52	cost	cost	NOUN
easat-6581	94	53	to	to	PART
easat-6581	94	54	cure	cure	VERB
easat-6581	94	55	the	the	DET
easat-6581	94	56	obsolescence	obsolescence	NOUN
easat-6581	94	57	or	or	CCONJ
easat-6581	94	58	the	the	DET
easat-6581	94	59	criterion	criterion	NOUN
easat-6581	94	60	of	of	ADP
easat-6581	94	61	amortisation	amortisation	NOUN
easat-6581	94	62	quotas	quota	NOUN
easat-6581	94	63	is	be	AUX
easat-6581	94	64	followed	follow	VERB
easat-6581	94	65	for	for	ADP
easat-6581	94	66	incurable	incurable	ADJ
easat-6581	94	67	deficiencies	deficiency	NOUN
easat-6581	94	68	.	.	PUNCT
easat-6581	95	1	the	the	DET
easat-6581	95	2	external	external	ADJ
easat-6581	95	3	obsolescence	obsolescence	NOUN
easat-6581	95	4	component	component	NOUN
easat-6581	95	5	is	be	AUX
easat-6581	95	6	almost	almost	ADV
easat-6581	95	7	never	never	ADV
easat-6581	95	8	considered	consider	VERB
easat-6581	95	9	.	.	PUNCT
easat-6581	96	1	in	in	ADP
easat-6581	96	2	international	international	ADJ
easat-6581	96	3	practice	practice	NOUN
easat-6581	96	4	,	,	PUNCT
easat-6581	96	5	the	the	DET
easat-6581	96	6	depreciation	depreciation	NOUN
easat-6581	96	7	can	can	AUX
easat-6581	96	8	be	be	AUX
easat-6581	96	9	estimated	estimate	VERB
easat-6581	96	10	by	by	ADP
easat-6581	96	11	using	use	VERB
easat-6581	96	12	the	the	DET
easat-6581	96	13	market	market	NOUN
easat-6581	96	14	extraction	extraction	NOUN
easat-6581	96	15	method	method	NOUN
easat-6581	96	16	,	,	PUNCT
easat-6581	96	17	the	the	DET
easat-6581	96	18	economic	economic	ADJ
easat-6581	96	19	-	-	PUNCT
easat-6581	96	20	age	age	NOUN
easat-6581	96	21	life	life	NOUN
easat-6581	96	22	method	method	NOUN
easat-6581	96	23	or	or	CCONJ
easat-6581	96	24	the	the	DET
easat-6581	96	25	breakdown	breakdown	ADJ
easat-6581	96	26	method	method	NOUN
easat-6581	96	27	.	.	PUNCT
easat-6581	97	1	the	the	DET
easat-6581	97	2	first	first	ADJ
easat-6581	97	3	two	two	NUM
easat-6581	97	4	methods	method	NOUN
easat-6581	97	5	are	be	AUX
easat-6581	97	6	used	use	VERB
easat-6581	97	7	to	to	PART
easat-6581	97	8	estimate	estimate	VERB
easat-6581	97	9	the	the	DET
easat-6581	97	10	total	total	ADJ
easat-6581	97	11	depreciation	depreciation	NOUN
easat-6581	97	12	of	of	ADP
easat-6581	97	13	a	a	DET
easat-6581	97	14	property	property	NOUN
easat-6581	97	15	and	and	CCONJ
easat-6581	97	16	are	be	AUX
easat-6581	97	17	simple	simple	ADJ
easat-6581	97	18	to	to	PART
easat-6581	97	19	be	be	AUX
easat-6581	97	20	applied	apply	VERB
easat-6581	97	21	;	;	PUNCT
easat-6581	97	22	the	the	DET
easat-6581	97	23	breakdown	breakdown	ADJ
easat-6581	97	24	method	method	NOUN
easat-6581	97	25	,	,	PUNCT
easat-6581	97	26	on	on	ADP
easat-6581	97	27	the	the	DET
easat-6581	97	28	other	other	ADJ
easat-6581	97	29	hand	hand	NOUN
easat-6581	97	30	,	,	PUNCT
easat-6581	97	31	is	be	AUX
easat-6581	97	32	more	more	ADV
easat-6581	97	33	elaborate	elaborate	ADJ
easat-6581	97	34	and	and	CCONJ
easat-6581	97	35	allows	allow	VERB
easat-6581	97	36	to	to	PART
easat-6581	97	37	examine	examine	VERB
easat-6581	97	38	in	in	ADP
easat-6581	97	39	detail	detail	NOUN
easat-6581	97	40	all	all	DET
easat-6581	97	41	the	the	DET
easat-6581	97	42	depreciation	depreciation	NOUN
easat-6581	97	43	items	item	NOUN
easat-6581	97	44	(	(	PUNCT
easat-6581	97	45	physical	physical	ADJ
easat-6581	97	46	,	,	PUNCT
easat-6581	97	47	functional	functional	ADJ
easat-6581	97	48	and	and	CCONJ
easat-6581	97	49	external	external	ADJ
easat-6581	97	50	)	)	PUNCT
easat-6581	97	51	separately	separately	ADV
easat-6581	97	52	,	,	PUNCT
easat-6581	97	53	estimating	estimate	VERB
easat-6581	97	54	how	how	SCONJ
easat-6581	97	55	each	each	PRON
easat-6581	97	56	of	of	ADP
easat-6581	97	57	them	they	PRON
easat-6581	97	58	affects	affect	VERB
easat-6581	97	59	the	the	DET
easat-6581	97	60	total	total	ADJ
easat-6581	97	61	depreciation	depreciation	NOUN
easat-6581	97	62	of	of	ADP
easat-6581	97	63	the	the	DET
easat-6581	97	64	building	building	NOUN
easat-6581	97	65	.	.	PUNCT
easat-6581	98	1	the	the	DET
easat-6581	98	2	estimate	estimate	NOUN
easat-6581	98	3	of	of	ADP
easat-6581	98	4	external	external	ADJ
easat-6581	98	5	obsolescence	obsolescence	NOUN
easat-6581	98	6	(	(	PUNCT
easat-6581	98	7	produced	produce	VERB
easat-6581	98	8	by	by	ADP
easat-6581	98	9	economic	economic	ADJ
easat-6581	98	10	,	,	PUNCT
easat-6581	98	11	market	market	NOUN
easat-6581	98	12	or	or	CCONJ
easat-6581	98	13	location	location	NOUN
easat-6581	98	14	factors	factor	NOUN
easat-6581	98	15	)	)	PUNCT
easat-6581	98	16	assumes	assume	VERB
easat-6581	98	17	particular	particular	ADJ
easat-6581	98	18	importance	importance	NOUN
easat-6581	98	19	and	and	CCONJ
easat-6581	98	20	can	can	AUX
easat-6581	98	21	be	be	AUX
easat-6581	98	22	carried	carry	VERB
easat-6581	98	23	out	out	ADP
easat-6581	98	24	on	on	ADP
easat-6581	98	25	the	the	DET
easat-6581	98	26	basis	basis	NOUN
easat-6581	98	27	of	of	ADP
easat-6581	98	28	the	the	DET
easat-6581	98	29	loss	loss	NOUN
easat-6581	98	30	of	of	ADP
easat-6581	98	31	income	income	NOUN
easat-6581	98	32	induced	induce	VERB
easat-6581	98	33	in	in	ADP
easat-6581	98	34	leasing	lease	VERB
easat-6581	98	35	the	the	DET
easat-6581	98	36	property	property	NOUN
easat-6581	98	37	.	.	PUNCT
easat-6581	99	1	4	4	X
easat-6581	99	2	.	.	X
easat-6581	99	3	conclusions	conclusion	NOUN
easat-6581	99	4	in	in	ADP
easat-6581	99	5	order	order	NOUN
easat-6581	99	6	to	to	PART
easat-6581	99	7	outline	outline	VERB
easat-6581	99	8	a	a	DET
easat-6581	99	9	possible	possible	ADJ
easat-6581	99	10	path	path	NOUN
easat-6581	99	11	for	for	ADP
easat-6581	99	12	the	the	DET
easat-6581	99	13	implementation	implementation	NOUN
easat-6581	99	14	of	of	ADP
easat-6581	99	15	italian	italian	ADJ
easat-6581	99	16	property	property	NOUN
easat-6581	99	17	valuation	valuation	NOUN
easat-6581	99	18	standards	standard	NOUN
easat-6581	99	19	,	,	PUNCT
easat-6581	99	20	the	the	DET
easat-6581	99	21	critical	critical	ADJ
easat-6581	99	22	comparison	comparison	NOUN
easat-6581	99	23	of	of	ADP
easat-6581	99	24	the	the	DET
easat-6581	99	25	italian	italian	ADJ
easat-6581	99	26	appraisal	appraisal	NOUN
easat-6581	99	27	tradition	tradition	NOUN
easat-6581	99	28	with	with	ADP
easat-6581	99	29	international	international	ADJ
easat-6581	99	30	methodologies	methodology	NOUN
easat-6581	99	31	showed	show	VERB
easat-6581	99	32	strong	strong	ADJ
easat-6581	99	33	analogies	analogy	NOUN
easat-6581	99	34	between	between	ADP
easat-6581	99	35	the	the	DET
easat-6581	99	36	italian	italian	ADJ
easat-6581	99	37	practice	practice	NOUN
easat-6581	99	38	and	and	CCONJ
easat-6581	99	39	the	the	DET
easat-6581	99	40	consolidated	consolidated	ADJ
easat-6581	99	41	international	international	ADJ
easat-6581	99	42	practice	practice	NOUN
easat-6581	99	43	,	,	PUNCT
easat-6581	99	44	especially	especially	ADV
easat-6581	99	45	in	in	ADP
easat-6581	99	46	terms	term	NOUN
easat-6581	99	47	of	of	ADP
easat-6581	99	48	consistency	consistency	NOUN
easat-6581	99	49	with	with	ADP
easat-6581	99	50	the	the	DET
easat-6581	99	51	theoretical	theoretical	ADJ
easat-6581	99	52	and	and	CCONJ
easat-6581	99	53	methodological	methodological	ADJ
easat-6581	99	54	principles	principle	NOUN
easat-6581	99	55	of	of	ADP
easat-6581	99	56	real	real	ADJ
easat-6581	99	57	estate	estate	NOUN
easat-6581	99	58	appraisal	appraisal	NOUN
easat-6581	99	59	.	.	PUNCT
easat-6581	100	1	as	as	SCONJ
easat-6581	100	2	emerged	emerge	VERB
easat-6581	100	3	from	from	ADP
easat-6581	100	4	the	the	DET
easat-6581	100	5	comparative	comparative	ADJ
easat-6581	100	6	analysis	analysis	NOUN
easat-6581	100	7	carried	carry	VERB
easat-6581	100	8	out	out	ADP
easat-6581	100	9	,	,	PUNCT
easat-6581	100	10	the	the	DET
easat-6581	100	11	need	need	NOUN
easat-6581	100	12	to	to	PART
easat-6581	100	13	align	align	VERB
easat-6581	100	14	the	the	DET
easat-6581	100	15	italian	italian	ADJ
easat-6581	100	16	valuation	valuation	NOUN
easat-6581	100	17	practice	practice	NOUN
easat-6581	100	18	with	with	ADP
easat-6581	100	19	the	the	DET
easat-6581	100	20	needs	need	NOUN
easat-6581	100	21	emerging	emerge	VERB
easat-6581	100	22	from	from	ADP
easat-6581	100	23	an	an	DET
easat-6581	100	24	increasingly	increasingly	ADV
easat-6581	100	25	globalized	globalize	VERB
easat-6581	100	26	and	and	CCONJ
easat-6581	100	27	financialized	financialize	VERB
easat-6581	100	28	real	real	ADJ
easat-6581	100	29	estate	estate	NOUN
easat-6581	100	30	market	market	NOUN
easat-6581	100	31	can	can	AUX
easat-6581	100	32	not	not	PART
easat-6581	100	33	mean	mean	VERB
easat-6581	100	34	the	the	DET
easat-6581	100	35	denial	denial	NOUN
easat-6581	100	36	or	or	CCONJ
easat-6581	100	37	excessive	excessive	ADJ
easat-6581	100	38	simplification	simplification	NOUN
easat-6581	100	39	of	of	ADP
easat-6581	100	40	the	the	DET
easat-6581	100	41	local	local	ADJ
easat-6581	100	42	valuation	valuation	NOUN
easat-6581	100	43	tradition	tradition	NOUN
easat-6581	100	44	.	.	PUNCT
easat-6581	101	1	the	the	DET
easat-6581	101	2	valuer	valuer	NOUN
easat-6581	101	3	's	's	PART
easat-6581	101	4	activity	activity	NOUN
easat-6581	101	5	at	at	ADP
easat-6581	101	6	a	a	DET
easat-6581	101	7	local	local	ADJ
easat-6581	101	8	level	level	NOUN
easat-6581	101	9	,	,	PUNCT
easat-6581	101	10	in	in	ADP
easat-6581	101	11	fact	fact	NOUN
easat-6581	101	12	,	,	PUNCT
easat-6581	101	13	must	must	AUX
easat-6581	101	14	deal	deal	VERB
easat-6581	101	15	with	with	ADP
easat-6581	101	16	the	the	DET
easat-6581	101	17	operating	operating	NOUN
easat-6581	101	18	conditions	condition	NOUN
easat-6581	101	19	present	present	ADJ
easat-6581	101	20	in	in	ADP
easat-6581	101	21	each	each	DET
easat-6581	101	22	country	country	NOUN
easat-6581	101	23	and	and	CCONJ
easat-6581	101	24	some	some	DET
easat-6581	101	25	conditions	condition	NOUN
easat-6581	101	26	that	that	PRON
easat-6581	101	27	make	make	VERB
easat-6581	101	28	international	international	ADJ
easat-6581	101	29	methodologies	methodology	NOUN
easat-6581	101	30	applicable	applicable	ADJ
easat-6581	101	31	are	be	AUX
easat-6581	101	32	not	not	PART
easat-6581	101	33	fully	fully	ADV
easat-6581	101	34	found	find	VERB
easat-6581	101	35	in	in	ADP
easat-6581	101	36	italy	italy	PROPN
easat-6581	101	37	.	.	PUNCT
easat-6581	102	1	it	it	PRON
easat-6581	102	2	is	be	AUX
easat-6581	102	3	clear	clear	ADJ
easat-6581	102	4	that	that	SCONJ
easat-6581	102	5	identifying	identify	VERB
easat-6581	102	6	rigorous	rigorous	ADJ
easat-6581	102	7	valuation	valuation	NOUN
easat-6581	102	8	approaches	approach	NOUN
easat-6581	102	9	,	,	PUNCT
easat-6581	102	10	from	from	ADP
easat-6581	102	11	a	a	DET
easat-6581	102	12	theoretical	theoretical	ADJ
easat-6581	102	13	and	and	CCONJ
easat-6581	102	14	methodological	methodological	ADJ
easat-6581	102	15	point	point	NOUN
easat-6581	102	16	of	of	ADP
easat-6581	102	17	view	view	NOUN
easat-6581	102	18	,	,	PUNCT
easat-6581	102	19	and	and	CCONJ
easat-6581	102	20	consistent	consistent	ADJ
easat-6581	102	21	with	with	ADP
easat-6581	102	22	very	very	ADV
easat-6581	102	23	different	different	ADJ
easat-6581	102	24	market	market	NOUN
easat-6581	102	25	and	and	CCONJ
easat-6581	102	26	operational	operational	ADJ
easat-6581	102	27	situations	situation	NOUN
easat-6581	102	28	,	,	PUNCT
easat-6581	102	29	especially	especially	ADV
easat-6581	102	30	with	with	ADP
easat-6581	102	31	regard	regard	NOUN
easat-6581	102	32	to	to	ADP
easat-6581	102	33	the	the	DET
easat-6581	102	34	possibility	possibility	NOUN
easat-6581	102	35	of	of	ADP
easat-6581	102	36	acquiring	acquire	VERB
easat-6581	102	37	relevant	relevant	ADJ
easat-6581	102	38	information	information	NOUN
easat-6581	102	39	data	datum	NOUN
easat-6581	102	40	,	,	PUNCT
easat-6581	102	41	is	be	AUX
easat-6581	102	42	a	a	DET
easat-6581	102	43	very	very	ADV
easat-6581	102	44	complex	complex	ADJ
easat-6581	102	45	operation	operation	NOUN
easat-6581	102	46	.	.	PUNCT
easat-6581	103	1	therefore	therefore	ADV
easat-6581	103	2	,	,	PUNCT
easat-6581	103	3	the	the	DET
easat-6581	103	4	definition	definition	NOUN
easat-6581	103	5	of	of	ADP
easat-6581	103	6	valuation	valuation	NOUN
easat-6581	103	7	standards	standard	NOUN
easat-6581	103	8	should	should	AUX
easat-6581	103	9	be	be	AUX
easat-6581	103	10	based	base	VERB
easat-6581	103	11	on	on	ADP
easat-6581	103	12	a	a	DET
easat-6581	103	13	bottom	bottom	ADJ
easat-6581	103	14	-	-	PUNCT
easat-6581	103	15	up	up	ADP
easat-6581	103	16	process	process	NOUN
easat-6581	103	17	,	,	PUNCT
easat-6581	103	18	involving	involve	VERB
easat-6581	103	19	all	all	DET
easat-6581	103	20	the	the	DET
easat-6581	103	21	representatives	representative	NOUN
easat-6581	103	22	of	of	ADP
easat-6581	103	23	the	the	DET
easat-6581	103	24	world	world	NOUN
easat-6581	103	25	of	of	ADP
easat-6581	103	26	valuation	valuation	NOUN
easat-6581	103	27	,	,	PUNCT
easat-6581	103	28	at	at	ADP
easat-6581	103	29	local	local	ADJ
easat-6581	103	30	and	and	CCONJ
easat-6581	103	31	international	international	ADJ
easat-6581	103	32	level	level	NOUN
easat-6581	103	33	,	,	PUNCT
easat-6581	103	34	which	which	PRON
easat-6581	103	35	,	,	PUNCT
easat-6581	103	36	on	on	ADP
easat-6581	103	37	the	the	DET
easat-6581	103	38	basis	basis	NOUN
easat-6581	103	39	of	of	ADP
easat-6581	103	40	the	the	DET
easat-6581	103	41	different	different	ADJ
easat-6581	103	42	operational	operational	ADJ
easat-6581	103	43	and	and	CCONJ
easat-6581	103	44	professional	professional	ADJ
easat-6581	103	45	needs	need	NOUN
easat-6581	103	46	,	,	PUNCT
easat-6581	103	47	allows	allow	VERB
easat-6581	103	48	for	for	ADP
easat-6581	103	49	a	a	DET
easat-6581	103	50	shared	share	VERB
easat-6581	103	51	choice	choice	NOUN
easat-6581	103	52	,	,	PUNCT
easat-6581	103	53	of	of	ADP
easat-6581	103	54	broad	broad	ADJ
easat-6581	103	55	convergence	convergence	NOUN
easat-6581	103	56	and	and	CCONJ
easat-6581	103	57	fully	fully	ADV
easat-6581	103	58	accepted	accept	VERB
easat-6581	103	59	by	by	ADP
easat-6581	103	60	operators	operator	NOUN
easat-6581	103	61	in	in	ADP
easat-6581	103	62	the	the	DET
easat-6581	103	63	real	real	ADJ
easat-6581	103	64	estate	estate	NOUN
easat-6581	103	65	sector	sector	NOUN
easat-6581	103	66	.	.	PUNCT
easat-6581	104	1	finally	finally	ADV
easat-6581	104	2	,	,	PUNCT
easat-6581	104	3	it	it	PRON
easat-6581	104	4	should	should	AUX
easat-6581	104	5	be	be	AUX
easat-6581	104	6	emphasized	emphasize	VERB
easat-6581	104	7	that	that	SCONJ
easat-6581	104	8	,	,	PUNCT
easat-6581	104	9	although	although	SCONJ
easat-6581	104	10	the	the	DET
easat-6581	104	11	proposal	proposal	NOUN
easat-6581	104	12	of	of	ADP
easat-6581	104	13	standard	standard	ADJ
easat-6581	104	14	methods	method	NOUN
easat-6581	104	15	responds	respond	VERB
easat-6581	104	16	to	to	ADP
easat-6581	104	17	harmonization	harmonization	NOUN
easat-6581	104	18	needs	need	NOUN
easat-6581	104	19	,	,	PUNCT
easat-6581	104	20	it	it	PRON
easat-6581	104	21	is	be	AUX
easat-6581	104	22	not	not	PART
easat-6581	104	23	sufficient	sufficient	ADJ
easat-6581	104	24	to	to	PART
easat-6581	104	25	resolve	resolve	VERB
easat-6581	104	26	other	other	ADJ
easat-6581	104	27	problems	problem	NOUN
easat-6581	104	28	related	relate	VERB
easat-6581	104	29	to	to	ADP
easat-6581	104	30	real	real	ADJ
easat-6581	104	31	estate	estate	NOUN
easat-6581	104	32	valuation	valuation	NOUN
easat-6581	104	33	,	,	PUNCT
easat-6581	104	34	as	as	SCONJ
easat-6581	104	35	it	it	PRON
easat-6581	104	36	represents	represent	VERB
easat-6581	104	37	consolidated	consolidated	ADJ
easat-6581	104	38	and	and	CCONJ
easat-6581	104	39	non	non	ADJ
easat-6581	104	40	-	-	ADJ
easat-6581	104	41	innovative	innovative	ADJ
easat-6581	104	42	practices	practice	NOUN
easat-6581	104	43	,	,	PUNCT
easat-6581	104	44	based	base	VERB
easat-6581	104	45	on	on	ADP
easat-6581	104	46	real	real	ADJ
easat-6581	104	47	estate	estate	NOUN
easat-6581	104	48	contexts	contexts	NOUN
easat-6581	104	49	and	and	CCONJ
easat-6581	104	50	market	market	NOUN
easat-6581	104	51	conditions	condition	NOUN
easat-6581	104	52	different	different	ADJ
easat-6581	104	53	from	from	ADP
easat-6581	104	54	the	the	DET
easat-6581	104	55	current	current	ADJ
easat-6581	104	56	ones	one	NOUN
easat-6581	104	57	.	.	PUNCT
easat-6581	105	1	transparency	transparency	NOUN
easat-6581	105	2	:	:	PUNCT
easat-6581	105	3	the	the	DET
easat-6581	105	4	author	author	NOUN
easat-6581	105	5	confirms	confirm	VERB
easat-6581	105	6	that	that	SCONJ
easat-6581	105	7	the	the	DET
easat-6581	105	8	manuscript	manuscript	NOUN
easat-6581	105	9	is	be	AUX
easat-6581	105	10	an	an	DET
easat-6581	105	11	honest	honest	ADJ
easat-6581	105	12	,	,	PUNCT
easat-6581	105	13	accurate	accurate	ADJ
easat-6581	105	14	,	,	PUNCT
easat-6581	105	15	and	and	CCONJ
easat-6581	105	16	transparent	transparent	ADJ
easat-6581	105	17	account	account	NOUN
easat-6581	105	18	of	of	ADP
easat-6581	105	19	the	the	DET
easat-6581	105	20	study	study	NOUN
easat-6581	105	21	;	;	PUNCT
easat-6581	105	22	that	that	SCONJ
easat-6581	105	23	no	no	DET
easat-6581	105	24	vital	vital	ADJ
easat-6581	105	25	features	feature	NOUN
easat-6581	105	26	of	of	ADP
easat-6581	105	27	the	the	DET
easat-6581	105	28	study	study	NOUN
easat-6581	105	29	have	have	AUX
easat-6581	105	30	been	be	AUX
easat-6581	105	31	omitted	omit	VERB
easat-6581	105	32	;	;	PUNCT
easat-6581	105	33	and	and	CCONJ
easat-6581	105	34	that	that	SCONJ
easat-6581	105	35	any	any	DET
easat-6581	105	36	discrepancies	discrepancy	NOUN
easat-6581	105	37	from	from	ADP
easat-6581	105	38	the	the	DET
easat-6581	105	39	study	study	NOUN
easat-6581	105	40	as	as	SCONJ
easat-6581	105	41	planned	plan	VERB
easat-6581	105	42	have	have	AUX
easat-6581	105	43	been	be	AUX
easat-6581	105	44	explained	explain	VERB
easat-6581	105	45	.	.	PUNCT
easat-6581	106	1	this	this	DET
easat-6581	106	2	study	study	NOUN
easat-6581	106	3	followed	follow	VERB
easat-6581	106	4	all	all	DET
easat-6581	106	5	ethical	ethical	ADJ
easat-6581	106	6	practices	practice	NOUN
easat-6581	106	7	during	during	ADP
easat-6581	106	8	writing	writing	NOUN
easat-6581	106	9	.	.	PUNCT
easat-6581	107	1	copyright	copyright	NOUN
easat-6581	107	2	:	:	PUNCT
easat-6581	107	3	©	©	PROPN
easat-6581	107	4	2025	2025	NUM
easat-6581	107	5	by	by	ADP
easat-6581	107	6	the	the	DET
easat-6581	107	7	authors	author	NOUN
easat-6581	107	8	.	.	PUNCT
easat-6581	108	1	this	this	DET
easat-6581	108	2	open	open	ADJ
easat-6581	108	3	-	-	PUNCT
easat-6581	108	4	access	access	NOUN
easat-6581	108	5	article	article	NOUN
easat-6581	108	6	is	be	AUX
easat-6581	108	7	distributed	distribute	VERB
easat-6581	108	8	under	under	ADP
easat-6581	108	9	the	the	DET
easat-6581	108	10	terms	term	NOUN
easat-6581	108	11	and	and	CCONJ
easat-6581	108	12	conditions	condition	NOUN
easat-6581	108	13	of	of	ADP
easat-6581	108	14	the	the	DET
easat-6581	108	15	creative	creative	ADJ
easat-6581	108	16	commons	common	NOUN
easat-6581	108	17	attribution	attribution	NOUN
easat-6581	108	18	(	(	PUNCT
easat-6581	108	19	cc	cc	NOUN
easat-6581	108	20	by	by	ADP
easat-6581	108	21	)	)	PUNCT
easat-6581	108	22	license	license	NOUN
easat-6581	108	23	(	(	PUNCT
easat-6581	108	24	https://creativecommons.org/licenses/by/4.0/	https://creativecommons.org/licenses/by/4.0/	PROPN
easat-6581	108	25	)	)	PUNCT
easat-6581	108	26	.	.	PUNCT
easat-6581	109	1	references	reference	NOUN
easat-6581	109	2	[	[	X
easat-6581	109	3	1	1	NUM
easat-6581	109	4	]	]	PUNCT
easat-6581	109	5	p.	p.	NOUN
easat-6581	109	6	tiwari	tiwari	PROPN
easat-6581	109	7	and	and	CCONJ
easat-6581	109	8	r.	r.	PROPN
easat-6581	109	9	white	white	PROPN
easat-6581	109	10	,	,	PUNCT
easat-6581	109	11	international	international	ADJ
easat-6581	109	12	real	real	ADJ
easat-6581	109	13	estate	estate	NOUN
easat-6581	109	14	economics	economic	NOUN
easat-6581	109	15	.	.	PUNCT
easat-6581	110	1	basingstoke	basingstoke	PROPN
easat-6581	110	2	,	,	PUNCT
easat-6581	110	3	uk	uk	PROPN
easat-6581	110	4	:	:	PUNCT
easat-6581	110	5	palgrave	palgrave	PROPN
easat-6581	110	6	macmillan	macmillan	PROPN
easat-6581	110	7	,	,	PUNCT
easat-6581	110	8	2010	2010	NUM
easat-6581	110	9	.	.	PUNCT
easat-6581	111	1	[	[	X
easat-6581	111	2	2	2	X
easat-6581	111	3	]	]	X
easat-6581	111	4	e.	e.	PROPN
easat-6581	111	5	degennaro	degennaro	PROPN
easat-6581	111	6	,	,	PUNCT
easat-6581	111	7	the	the	DET
easat-6581	111	8	financialization	financialization	NOUN
easat-6581	111	9	of	of	ADP
easat-6581	111	10	the	the	DET
easat-6581	111	11	real	real	ADJ
easat-6581	111	12	estate	estate	NOUN
easat-6581	111	13	market	market	NOUN
easat-6581	111	14	.	.	PUNCT
easat-6581	112	1	bari	bari	PROPN
easat-6581	112	2	,	,	PUNCT
easat-6581	112	3	italy	italy	PROPN
easat-6581	112	4	:	:	PUNCT
easat-6581	112	5	cacucci	cacucci	PROPN
easat-6581	112	6	editore	editore	PROPN
easat-6581	112	7	,	,	PUNCT
easat-6581	112	8	2008	2008	NUM
easat-6581	112	9	.	.	PUNCT
easat-6581	113	1	[	[	X
easat-6581	113	2	3	3	X
easat-6581	113	3	]	]	X
easat-6581	113	4	j.	j.	PROPN
easat-6581	113	5	cummings	cummings	PROPN
easat-6581	113	6	,	,	PUNCT
easat-6581	113	7	real	real	ADJ
easat-6581	113	8	estate	estate	NOUN
easat-6581	113	9	finance	finance	NOUN
easat-6581	113	10	&	&	CCONJ
easat-6581	113	11	investment	investment	NOUN
easat-6581	113	12	manual	manual	NOUN
easat-6581	113	13	.	.	PUNCT
easat-6581	114	1	hoboken	hoboken	PROPN
easat-6581	114	2	,	,	PUNCT
easat-6581	114	3	nj	nj	PROPN
easat-6581	114	4	,	,	PUNCT
easat-6581	114	5	us	we	PRON
easat-6581	114	6	:	:	PUNCT
easat-6581	114	7	john	john	PROPN
easat-6581	114	8	wiley	wiley	PROPN
easat-6581	114	9	&	&	CCONJ
easat-6581	114	10	sons	son	NOUN
easat-6581	114	11	,	,	PUNCT
easat-6581	114	12	2008	2008	NUM
easat-6581	114	13	.	.	PUNCT
easat-6581	115	1	[	[	X
easat-6581	115	2	4	4	NUM
easat-6581	115	3	]	]	X
easat-6581	115	4	basel	basel	PROPN
easat-6581	115	5	committee	committee	PROPN
easat-6581	115	6	on	on	ADP
easat-6581	115	7	banking	banking	NOUN
easat-6581	115	8	supervision	supervision	NOUN
easat-6581	115	9	,	,	PUNCT
easat-6581	115	10	principles	principle	NOUN
easat-6581	115	11	for	for	ADP
easat-6581	115	12	sound	sound	ADJ
easat-6581	115	13	liquidity	liquidity	NOUN
easat-6581	115	14	risk	risk	NOUN
easat-6581	115	15	management	management	NOUN
easat-6581	115	16	and	and	CCONJ
easat-6581	115	17	supervisory	supervisory	ADJ
easat-6581	115	18	challenges	challenge	NOUN
easat-6581	115	19	.	.	PUNCT
easat-6581	116	1	basel	basel	PROPN
easat-6581	116	2	,	,	PUNCT
easat-6581	116	3	switzerland	switzerland	PROPN
easat-6581	116	4	:	:	PUNCT
easat-6581	116	5	basel	basel	PROPN
easat-6581	116	6	committee	committee	PROPN
easat-6581	116	7	on	on	ADP
easat-6581	116	8	banking	banking	NOUN
easat-6581	116	9	supervision	supervision	NOUN
easat-6581	116	10	,	,	PUNCT
easat-6581	116	11	2008	2008	NUM
easat-6581	116	12	.	.	PUNCT
easat-6581	117	1	[	[	X
easat-6581	117	2	5	5	NUM
easat-6581	117	3	]	]	X
easat-6581	117	4	committee	committee	NOUN
easat-6581	117	5	of	of	ADP
easat-6581	117	6	european	european	ADJ
easat-6581	117	7	banking	banking	NOUN
easat-6581	117	8	supervisors	supervisor	NOUN
easat-6581	117	9	,	,	PUNCT
easat-6581	117	10	technical	technical	ADJ
easat-6581	117	11	advice	advice	NOUN
easat-6581	117	12	to	to	ADP
easat-6581	117	13	the	the	DET
easat-6581	117	14	european	european	PROPN
easat-6581	117	15	commission	commission	PROPN
easat-6581	117	16	on	on	ADP
easat-6581	117	17	liquidity	liquidity	NOUN
easat-6581	117	18	risk	risk	NOUN
easat-6581	117	19	management	management	NOUN
easat-6581	117	20	second	second	ADJ
easat-6581	117	21	part	part	NOUN
easat-6581	117	22	.	.	PUNCT
easat-6581	118	1	basel	basel	PROPN
easat-6581	118	2	,	,	PUNCT
easat-6581	118	3	switzerland	switzerland	PROPN
easat-6581	118	4	:	:	PUNCT
easat-6581	118	5	bank	bank	PROPN
easat-6581	118	6	for	for	ADP
easat-6581	118	7	international	international	ADJ
easat-6581	118	8	settlements	settlement	NOUN
easat-6581	118	9	press	press	NOUN
easat-6581	118	10	&	&	CCONJ
easat-6581	118	11	communications	communication	NOUN
easat-6581	118	12	,	,	PUNCT
easat-6581	118	13	2008	2008	NUM
easat-6581	118	14	.	.	PUNCT
easat-6581	119	1	https://creativecommons.org/licenses/by/4.0/	https://creativecommons.org/licenses/by/4.0/	PROPN
easat-6581	119	2	2431	2431	NUM
easat-6581	119	3	edelweiss	edelweiss	PROPN
easat-6581	119	4	applied	apply	VERB
easat-6581	119	5	science	science	NOUN
easat-6581	119	6	and	and	CCONJ
easat-6581	119	7	technology	technology	NOUN
easat-6581	119	8	issn	issn	PROPN
easat-6581	119	9	:	:	PUNCT
easat-6581	119	10	2576	2576	NUM
easat-6581	119	11	-	-	SYM
easat-6581	119	12	8484	8484	NUM
easat-6581	119	13	vol	vol	NOUN
easat-6581	119	14	.	.	PROPN
easat-6581	120	1	9	9	NUM
easat-6581	120	2	,	,	PUNCT
easat-6581	120	3	no	no	INTJ
easat-6581	120	4	.	.	NOUN
easat-6581	120	5	4	4	NUM
easat-6581	120	6	:	:	SYM
easat-6581	120	7	2424	2424	NUM
easat-6581	120	8	-	-	SYM
easat-6581	120	9	2431	2431	NUM
easat-6581	120	10	,	,	PUNCT
easat-6581	120	11	2025	2025	NUM
easat-6581	120	12	doi	doi	NOUN
easat-6581	120	13	:	:	PUNCT
easat-6581	120	14	10.55214/25768484.v9i4.6581	10.55214/25768484.v9i4.6581	NUM
easat-6581	120	15	©	©	PROPN
easat-6581	120	16	2025	2025	NUM
easat-6581	120	17	by	by	ADP
easat-6581	120	18	the	the	DET
easat-6581	120	19	author	author	NOUN
easat-6581	120	20	;	;	PUNCT
easat-6581	120	21	licensee	licensee	PROPN
easat-6581	120	22	learning	learning	NOUN
easat-6581	120	23	gate	gate	NOUN
easat-6581	121	1	[	[	X
easat-6581	121	2	6	6	NUM
easat-6581	121	3	]	]	X
easat-6581	121	4	i.	i.	PROPN
easat-6581	121	5	anghel	anghel	PROPN
easat-6581	121	6	,	,	PUNCT
easat-6581	121	7	"	"	PUNCT
easat-6581	121	8	the	the	DET
easat-6581	121	9	actual	actual	ADJ
easat-6581	121	10	universe	universe	NOUN
easat-6581	121	11	of	of	ADP
easat-6581	121	12	valuation	valuation	NOUN
easat-6581	121	13	standards	standard	NOUN
easat-6581	121	14	,	,	PUNCT
easat-6581	121	15	"	"	PUNCT
easat-6581	121	16	in	in	ADP
easat-6581	121	17	aestimum	aestimum	ADJ
easat-6581	121	18	,	,	PUNCT
easat-6581	121	19	proceedings	proceeding	NOUN
easat-6581	121	20	of	of	ADP
easat-6581	121	21	the	the	DET
easat-6581	121	22	xli	xli	PROPN
easat-6581	121	23	study	study	NOUN
easat-6581	121	24	meeting	meeting	NOUN
easat-6581	121	25	of	of	ADP
easat-6581	121	26	the	the	DET
easat-6581	121	27	centre	centre	NOUN
easat-6581	121	28	for	for	ADP
easat-6581	121	29	valuation	valuation	NOUN
easat-6581	121	30	and	and	CCONJ
easat-6581	121	31	territorial	territorial	ADJ
easat-6581	121	32	economics	economic	NOUN
easat-6581	121	33	studies	study	NOUN
easat-6581	121	34	ce.s.e.t	ce.s.e.t	PROPN
easat-6581	121	35	,	,	PUNCT
easat-6581	121	36	2013	2013	NUM
easat-6581	121	37	,	,	PUNCT
easat-6581	121	38	pp	pp	ADJ
easat-6581	121	39	.	.	PUNCT
easat-6581	122	1	403	403	NUM
easat-6581	122	2	-	-	SYM
easat-6581	122	3	410	410	NUM
easat-6581	122	4	.	.	PUNCT
easat-6581	123	1	[	[	X
easat-6581	123	2	7	7	X
easat-6581	123	3	]	]	X
easat-6581	123	4	k.	k.	PROPN
easat-6581	123	5	lambert	lambert	PROPN
easat-6581	123	6	,	,	PUNCT
easat-6581	123	7	"	"	PUNCT
easat-6581	123	8	international	international	ADJ
easat-6581	123	9	valuation	valuation	NOUN
easat-6581	123	10	proposal	proposal	NOUN
easat-6581	123	11	seeks	seek	VERB
easat-6581	123	12	consistency	consistency	NOUN
easat-6581	123	13	,	,	PUNCT
easat-6581	123	14	transparency	transparency	NOUN
easat-6581	123	15	in	in	ADP
easat-6581	123	16	valuations	valuation	NOUN
easat-6581	123	17	,	,	PUNCT
easat-6581	123	18	"	"	PUNCT
easat-6581	123	19	accounting	accounting	NOUN
easat-6581	123	20	policy	policy	NOUN
easat-6581	123	21	&	&	CCONJ
easat-6581	123	22	practice	practice	NOUN
easat-6581	123	23	report	report	NOUN
easat-6581	123	24	,	,	PUNCT
easat-6581	123	25	vol	vol	NOUN
easat-6581	123	26	.	.	PROPN
easat-6581	123	27	6	6	NUM
easat-6581	123	28	,	,	PUNCT
easat-6581	123	29	no	no	INTJ
easat-6581	123	30	.	.	NOUN
easat-6581	123	31	18	18	NUM
easat-6581	123	32	,	,	PUNCT
easat-6581	123	33	pp	pp	ADJ
easat-6581	123	34	.	.	PUNCT
easat-6581	124	1	24–25	24–25	NUM
easat-6581	124	2	,	,	PUNCT
easat-6581	124	3	2010	2010	NUM
easat-6581	124	4	.	.	PUNCT
easat-6581	125	1	[	[	X
easat-6581	125	2	8	8	NUM
easat-6581	125	3	]	]	X
easat-6581	125	4	international	international	ADJ
easat-6581	125	5	valuation	valuation	PROPN
easat-6581	125	6	standards	standards	PROPN
easat-6581	125	7	committee	committee	PROPN
easat-6581	125	8	ivsc	ivsc	PROPN
easat-6581	125	9	,	,	PUNCT
easat-6581	125	10	international	international	ADJ
easat-6581	125	11	valuation	valuation	NOUN
easat-6581	125	12	standards	standard	NOUN
easat-6581	125	13	.	.	PUNCT
easat-6581	126	1	london	london	PROPN
easat-6581	126	2	:	:	PUNCT
easat-6581	126	3	international	international	ADJ
easat-6581	126	4	valuation	valuation	PROPN
easat-6581	126	5	standards	standards	PROPN
easat-6581	126	6	committee	committee	PROPN
easat-6581	126	7	ivsc	ivsc	PROPN
easat-6581	126	8	,	,	PUNCT
easat-6581	126	9	2024	2024	NUM
easat-6581	126	10	.	.	PUNCT
easat-6581	127	1	[	[	X
easat-6581	127	2	9	9	NUM
easat-6581	127	3	]	]	PUNCT
easat-6581	127	4	the	the	DET
easat-6581	127	5	european	european	PROPN
easat-6581	127	6	group	group	PROPN
easat-6581	127	7	of	of	ADP
easat-6581	127	8	valuers	valuer	NOUN
easat-6581	127	9	’	'	PUNCT
easat-6581	127	10	tegova	tegova	PROPN
easat-6581	127	11	,	,	PUNCT
easat-6581	127	12	the	the	DET
easat-6581	127	13	european	european	PROPN
easat-6581	127	14	valuation	valuation	PROPN
easat-6581	127	15	standards	standard	NOUN
easat-6581	127	16	2025	2025	NUM
easat-6581	127	17	.	.	PUNCT
easat-6581	128	1	brussels	brussels	PROPN
easat-6581	128	2	,	,	PUNCT
easat-6581	128	3	belgium	belgium	PROPN
easat-6581	128	4	:	:	PUNCT
easat-6581	128	5	tegova	tegova	PROPN
easat-6581	128	6	,	,	PUNCT
easat-6581	128	7	2025	2025	NUM
easat-6581	128	8	.	.	PUNCT
easat-6581	129	1	[	[	X
easat-6581	129	2	10	10	NUM
easat-6581	129	3	]	]	X
easat-6581	129	4	royal	royal	ADJ
easat-6581	129	5	institution	institution	NOUN
easat-6581	129	6	of	of	ADP
easat-6581	129	7	chartered	charter	VERB
easat-6581	129	8	surveyors	surveyor	NOUN
easat-6581	129	9	,	,	PUNCT
easat-6581	129	10	appraisal	appraisal	NOUN
easat-6581	129	11	and	and	CCONJ
easat-6581	129	12	valuation	valuation	NOUN
easat-6581	129	13	standards	standard	NOUN
easat-6581	129	14	.	.	PUNCT
easat-6581	130	1	coventry	coventry	NOUN
easat-6581	130	2	,	,	PUNCT
easat-6581	130	3	uk	uk	PROPN
easat-6581	130	4	:	:	PUNCT
easat-6581	130	5	rics	rics	NOUN
easat-6581	130	6	book	book	NOUN
easat-6581	130	7	,	,	PUNCT
easat-6581	130	8	2025	2025	NUM
easat-6581	130	9	.	.	PUNCT
easat-6581	131	1	[	[	X
easat-6581	131	2	11	11	NUM
easat-6581	131	3	]	]	PUNCT
easat-6581	131	4	the	the	DET
easat-6581	131	5	appraisal	appraisal	NOUN
easat-6581	131	6	foundation	foundation	NOUN
easat-6581	131	7	,	,	PUNCT
easat-6581	131	8	uniform	uniform	ADJ
easat-6581	131	9	standards	standard	NOUN
easat-6581	131	10	of	of	ADP
easat-6581	131	11	professional	professional	ADJ
easat-6581	131	12	appraisal	appraisal	NOUN
easat-6581	131	13	practice	practice	NOUN
easat-6581	131	14	(	(	PUNCT
easat-6581	131	15	uspap	uspap	NOUN
easat-6581	131	16	)	)	PUNCT
easat-6581	131	17	.	.	PUNCT
easat-6581	132	1	chicago	chicago	PROPN
easat-6581	132	2	,	,	PUNCT
easat-6581	132	3	us	we	PRON
easat-6581	132	4	:	:	PUNCT
easat-6581	132	5	the	the	DET
easat-6581	132	6	appraisal	appraisal	NOUN
easat-6581	132	7	foundation	foundation	NOUN
easat-6581	132	8	,	,	PUNCT
easat-6581	132	9	,	,	PUNCT
easat-6581	132	10	2021	2021	NUM
easat-6581	132	11	.	.	PUNCT
easat-6581	133	1	[	[	X
easat-6581	133	2	12	12	NUM
easat-6581	133	3	]	]	PUNCT
easat-6581	133	4	a.	a.	NOUN
easat-6581	133	5	hordijk	hordijk	PROPN
easat-6581	133	6	,	,	PUNCT
easat-6581	133	7	p.	p.	NOUN
easat-6581	133	8	nelisse	nelisse	NOUN
easat-6581	133	9	,	,	PUNCT
easat-6581	133	10	and	and	CCONJ
easat-6581	133	11	l.	l.	PROPN
easat-6581	133	12	koerhuis‐gritter	koerhuis‐gritter	PROPN
easat-6581	133	13	,	,	PUNCT
easat-6581	133	14	"	"	PUNCT
easat-6581	133	15	european	european	ADJ
easat-6581	133	16	valuation	valuation	NOUN
easat-6581	133	17	practices	practice	NOUN
easat-6581	133	18	:	:	PUNCT
easat-6581	133	19	how	how	SCONJ
easat-6581	133	20	to	to	PART
easat-6581	133	21	compare	compare	VERB
easat-6581	133	22	valuations	valuation	NOUN
easat-6581	133	23	across	across	ADP
easat-6581	133	24	borders	border	NOUN
easat-6581	133	25	?	?	PUNCT
easat-6581	134	1	initial	initial	ADJ
easat-6581	134	2	findings	finding	NOUN
easat-6581	134	3	,	,	PUNCT
easat-6581	134	4	"	"	PUNCT
easat-6581	134	5	journal	journal	NOUN
easat-6581	134	6	of	of	ADP
easat-6581	134	7	property	property	NOUN
easat-6581	134	8	investment	investment	NOUN
easat-6581	134	9	&	&	CCONJ
easat-6581	134	10	finance	finance	NOUN
easat-6581	134	11	,	,	PUNCT
easat-6581	134	12	vol	vol	NOUN
easat-6581	134	13	.	.	PROPN
easat-6581	134	14	29	29	NUM
easat-6581	134	15	,	,	PUNCT
easat-6581	134	16	no	no	INTJ
easat-6581	134	17	.	.	NOUN
easat-6581	134	18	4/5	4/5	NUM
easat-6581	134	19	,	,	PUNCT
easat-6581	134	20	pp	pp	ADJ
easat-6581	134	21	.	.	PUNCT
easat-6581	135	1	575	575	NUM
easat-6581	135	2	-	-	SYM
easat-6581	135	3	581	581	NUM
easat-6581	135	4	,	,	PUNCT
easat-6581	135	5	2011	2011	NUM
easat-6581	135	6	.	.	PUNCT
easat-6581	136	1	[	[	X
easat-6581	136	2	13	13	NUM
easat-6581	136	3	]	]	X
easat-6581	136	4	y.	y.	PROPN
easat-6581	136	5	akiyam	akiyam	PROPN
easat-6581	136	6	and	and	CCONJ
easat-6581	136	7	m.	m.	PROPN
easat-6581	136	8	suzuki	suzuki	PROPN
easat-6581	136	9	,	,	PUNCT
easat-6581	136	10	"	"	PUNCT
easat-6581	136	11	implementation	implementation	NOUN
easat-6581	136	12	of	of	ADP
easat-6581	136	13	international	international	ADJ
easat-6581	136	14	valuation	valuation	NOUN
easat-6581	136	15	standards	standard	NOUN
easat-6581	136	16	(	(	PUNCT
easat-6581	136	17	ivs	ivs	NOUN
easat-6581	136	18	)	)	PUNCT
easat-6581	136	19	in	in	ADP
easat-6581	136	20	the	the	DET
easat-6581	136	21	world	world	NOUN
easat-6581	136	22	,	,	PUNCT
easat-6581	136	23	"	"	PUNCT
easat-6581	136	24	lares	lares	PROPN
easat-6581	136	25	international	international	PROPN
easat-6581	136	26	conference	conference	NOUN
easat-6581	136	27	,	,	PUNCT
easat-6581	136	28	sao	sao	PROPN
easat-6581	136	29	paulo	paulo	PROPN
easat-6581	136	30	-	-	PUNCT
easat-6581	136	31	brazil	brazil	PROPN
easat-6581	136	32	,	,	PUNCT
easat-6581	136	33	2011	2011	NUM
easat-6581	136	34	.	.	PUNCT
easat-6581	137	1	[	[	X
easat-6581	137	2	14	14	NUM
easat-6581	137	3	]	]	X
easat-6581	137	4	tecnoborsa	tecnoborsa	NOUN
easat-6581	137	5	,	,	PUNCT
easat-6581	137	6	real	real	ADJ
easat-6581	137	7	estate	estate	NOUN
easat-6581	137	8	valuation	valuation	NOUN
easat-6581	137	9	code	code	NOUN
easat-6581	137	10	,	,	PUNCT
easat-6581	137	11	5th	5th	ADJ
easat-6581	137	12	ed	ed	NOUN
easat-6581	137	13	.	.	PUNCT
easat-6581	138	1	roma	roma	PROPN
easat-6581	138	2	,	,	PUNCT
easat-6581	138	3	italy	italy	PROPN
easat-6581	138	4	:	:	PUNCT
easat-6581	138	5	tecnoborsa	tecnoborsa	NOUN
easat-6581	138	6	,	,	PUNCT
easat-6581	138	7	2018	2018	NUM
easat-6581	138	8	.	.	PUNCT
easat-6581	139	1	[	[	X
easat-6581	139	2	15	15	NUM
easat-6581	139	3	]	]	X
easat-6581	139	4	associazione	associazione	PROPN
easat-6581	139	5	bancaria	bancaria	PROPN
easat-6581	139	6	italiana	italiana	PROPN
easat-6581	139	7	abi	abi	PROPN
easat-6581	139	8	,	,	PUNCT
easat-6581	139	9	guidelines	guideline	NOUN
easat-6581	139	10	for	for	ADP
easat-6581	139	11	the	the	DET
easat-6581	139	12	valuation	valuation	NOUN
easat-6581	139	13	of	of	ADP
easat-6581	139	14	real	real	ADJ
easat-6581	139	15	estate	estate	NOUN
easat-6581	139	16	collateral	collateral	NOUN
easat-6581	139	17	for	for	ADP
easat-6581	139	18	credit	credit	NOUN
easat-6581	139	19	exposures	exposure	NOUN
easat-6581	139	20	.	.	PUNCT
easat-6581	140	1	roma	roma	PROPN
easat-6581	140	2	,	,	PUNCT
easat-6581	140	3	italy	italy	PROPN
easat-6581	140	4	:	:	PUNCT
easat-6581	140	5	abi	abi	PROPN
easat-6581	140	6	,	,	PUNCT
easat-6581	140	7	2024	2024	NUM
easat-6581	140	8	.	.	PUNCT
easat-6581	141	1	[	[	X
easat-6581	141	2	16	16	NUM
easat-6581	141	3	]	]	X
easat-6581	141	4	c.	c.	PROPN
easat-6581	141	5	forte	forte	PROPN
easat-6581	141	6	and	and	CCONJ
easat-6581	141	7	b.	b.	PROPN
easat-6581	141	8	de	de	PROPN
easat-6581	141	9	’	'	PUNCT
easat-6581	141	10	rossi	rossi	ADJ
easat-6581	141	11	,	,	PUNCT
easat-6581	141	12	principles	principle	NOUN
easat-6581	141	13	of	of	ADP
easat-6581	141	14	economics	economic	NOUN
easat-6581	141	15	and	and	CCONJ
easat-6581	141	16	appraisal	appraisal	NOUN
easat-6581	141	17	.	.	PUNCT
easat-6581	141	18	milan	milan	PROPN
easat-6581	141	19	,	,	PUNCT
easat-6581	141	20	italy	italy	PROPN
easat-6581	141	21	:	:	PUNCT
easat-6581	141	22	etas	eta	VERB
easat-6581	141	23	libri	libri	NOUN
easat-6581	141	24	,	,	PUNCT
easat-6581	141	25	1979	1979	NUM
easat-6581	141	26	.	.	PUNCT
easat-6581	142	1	[	[	X
easat-6581	142	2	17	17	NUM
easat-6581	142	3	]	]	PUNCT
easat-6581	142	4	a.	a.	NOUN
easat-6581	142	5	realfonzo	realfonzo	NOUN
easat-6581	142	6	,	,	PUNCT
easat-6581	142	7	theory	theory	NOUN
easat-6581	142	8	and	and	CCONJ
easat-6581	142	9	method	method	NOUN
easat-6581	142	10	of	of	ADP
easat-6581	142	11	urban	urban	ADJ
easat-6581	142	12	appraisal	appraisal	NOUN
easat-6581	142	13	.	.	PUNCT
easat-6581	143	1	roma	roma	PROPN
easat-6581	143	2	,	,	PUNCT
easat-6581	143	3	italy	italy	PROPN
easat-6581	143	4	:	:	PUNCT
easat-6581	143	5	nis	nis	PROPN
easat-6581	143	6	,	,	PUNCT
easat-6581	143	7	1994	1994	NUM
easat-6581	143	8	.	.	PUNCT
easat-6581	144	1	[	[	X
easat-6581	144	2	18	18	NUM
easat-6581	144	3	]	]	PUNCT
easat-6581	144	4	m.	m.	NOUN
easat-6581	144	5	simonotti	simonotti	NOUN
easat-6581	144	6	,	,	PUNCT
easat-6581	144	7	real	real	ADJ
easat-6581	144	8	estate	estate	NOUN
easat-6581	144	9	appraisal	appraisal	NOUN
easat-6581	144	10	methods	method	NOUN
easat-6581	144	11	,	,	PUNCT
easat-6581	144	12	application	application	NOUN
easat-6581	144	13	of	of	ADP
easat-6581	144	14	international	international	ADJ
easat-6581	144	15	standards	standard	NOUN
easat-6581	144	16	:	:	PUNCT
easat-6581	144	17	theoretical	theoretical	ADJ
easat-6581	144	18	and	and	CCONJ
easat-6581	144	19	practical	practical	ADJ
easat-6581	144	20	treatise	treatise	NOUN
easat-6581	144	21	.	.	PUNCT
easat-6581	145	1	palermo	palermo	PROPN
easat-6581	145	2	,	,	PUNCT
easat-6581	145	3	italy	italy	PROPN
easat-6581	145	4	:	:	PUNCT
easat-6581	145	5	flaccovio	flaccovio	NOUN
easat-6581	145	6	2006	2006	NUM
easat-6581	145	7	.	.	PUNCT
easat-6581	146	1	[	[	X
easat-6581	146	2	19	19	NUM
easat-6581	146	3	]	]	PUNCT
easat-6581	146	4	m.	m.	NOUN
easat-6581	146	5	polelli	polelli	PROPN
easat-6581	146	6	,	,	PUNCT
easat-6581	146	7	new	new	ADJ
easat-6581	146	8	treaty	treaty	NOUN
easat-6581	146	9	of	of	ADP
easat-6581	146	10	valuation	valuation	PROPN
easat-6581	146	11	.	.	PUNCT
easat-6581	147	1	italy	italy	PROPN
easat-6581	147	2	:	:	PUNCT
easat-6581	147	3	maggioli	maggioli	PROPN
easat-6581	147	4	rimini	rimini	PROPN
easat-6581	147	5	,	,	PUNCT
easat-6581	147	6	2008	2008	NUM
easat-6581	147	7	.	.	PUNCT
easat-6581	148	1	[	[	X
easat-6581	148	2	20	20	NUM
easat-6581	148	3	]	]	PUNCT
easat-6581	148	4	d.	d.	PROPN
easat-6581	148	5	scarrett	scarrett	PROPN
easat-6581	148	6	,	,	PUNCT
easat-6581	148	7	property	property	NOUN
easat-6581	148	8	valuation	valuation	NOUN
easat-6581	148	9	:	:	PUNCT
easat-6581	148	10	the	the	DET
easat-6581	148	11	five	five	NUM
easat-6581	148	12	methods	method	NOUN
easat-6581	148	13	.	.	PUNCT
easat-6581	149	1	abingdon	abingdon	PROPN
easat-6581	149	2	,	,	PUNCT
easat-6581	149	3	uk	uk	PROPN
easat-6581	149	4	:	:	PUNCT
easat-6581	149	5	routledge	routledge	PROPN
easat-6581	149	6	,	,	PUNCT
easat-6581	149	7	2008	2008	NUM
easat-6581	149	8	.	.	PUNCT
easat-6581	150	1	[	[	X
easat-6581	150	2	21	21	NUM
easat-6581	150	3	]	]	X
easat-6581	150	4	french	french	PROPN
easat-6581	150	5	institute	institute	PROPN
easat-6581	150	6	of	of	ADP
easat-6581	150	7	real	real	ADJ
easat-6581	150	8	estate	estate	NOUN
easat-6581	150	9	appraisal	appraisal	NOUN
easat-6581	150	10	(	(	PUNCT
easat-6581	150	11	ifei	ifei	PROPN
easat-6581	150	12	)	)	PUNCT
easat-6581	150	13	,	,	PUNCT
easat-6581	150	14	charter	charter	NOUN
easat-6581	150	15	of	of	ADP
easat-6581	150	16	real	real	ADJ
easat-6581	150	17	estate	estate	NOUN
easat-6581	150	18	valuation	valuation	NOUN
easat-6581	150	19	expertise	expertise	NOUN
easat-6581	150	20	.	.	PUNCT
easat-6581	151	1	paris	paris	PROPN
easat-6581	151	2	,	,	PUNCT
easat-6581	151	3	france	france	PROPN
easat-6581	151	4	:	:	PUNCT
easat-6581	151	5	french	french	PROPN
easat-6581	151	6	institute	institute	PROPN
easat-6581	151	7	of	of	ADP
easat-6581	151	8	real	real	ADJ
easat-6581	151	9	estate	estate	NOUN
easat-6581	151	10	appraisal	appraisal	NOUN
easat-6581	151	11	(	(	PUNCT
easat-6581	151	12	ifei	ifei	PROPN
easat-6581	151	13	)	)	PUNCT
easat-6581	151	14	,	,	PUNCT
easat-6581	151	15	2017	2017	NUM
easat-6581	151	16	.	.	PUNCT
easat-6581	152	1	[	[	X
easat-6581	152	2	22	22	NUM
easat-6581	152	3	]	]	X
easat-6581	152	4	w.	w.	PROPN
easat-6581	152	5	l.	l.	PROPN
easat-6581	152	6	ventolo	ventolo	PROPN
easat-6581	152	7	and	and	CCONJ
easat-6581	152	8	m.	m.	PROPN
easat-6581	152	9	r.	r.	PROPN
easat-6581	152	10	williams	williams	PROPN
easat-6581	152	11	,	,	PUNCT
easat-6581	152	12	fundamentals	fundamental	NOUN
easat-6581	152	13	of	of	ADP
easat-6581	152	14	real	real	ADJ
easat-6581	152	15	estate	estate	NOUN
easat-6581	152	16	appraisal	appraisal	NOUN
easat-6581	152	17	.	.	PUNCT
easat-6581	153	1	chicago	chicago	PROPN
easat-6581	153	2	,	,	PUNCT
easat-6581	153	3	us	we	PRON
easat-6581	153	4	:	:	PUNCT
easat-6581	153	5	dearborn	dearborn	PROPN
easat-6581	153	6	real	real	ADJ
easat-6581	153	7	estate	estate	NOUN
easat-6581	153	8	education	education	NOUN
easat-6581	153	9	,	,	PUNCT
easat-6581	153	10	2001	2001	NUM
easat-6581	153	11	.	.	PUNCT
easat-6581	154	1	[	[	X
easat-6581	154	2	23	23	NUM
easat-6581	154	3	]	]	X
easat-6581	154	4	appraisal	appraisal	NOUN
easat-6581	154	5	institute	institute	NOUN
easat-6581	154	6	,	,	PUNCT
easat-6581	154	7	the	the	DET
easat-6581	154	8	appraisal	appraisal	NOUN
easat-6581	154	9	of	of	ADP
easat-6581	154	10	real	real	ADJ
easat-6581	154	11	estate	estate	NOUN
easat-6581	154	12	,	,	PUNCT
easat-6581	154	13	13th	13th	NOUN
easat-6581	154	14	ed	ed	NOUN
easat-6581	154	15	.	.	PUNCT
easat-6581	155	1	chicago	chicago	PROPN
easat-6581	155	2	,	,	PUNCT
easat-6581	155	3	us	we	PRON
easat-6581	155	4	:	:	PUNCT
easat-6581	155	5	appraisal	appraisal	NOUN
easat-6581	155	6	institute	institute	NOUN
easat-6581	155	7	,	,	PUNCT
easat-6581	155	8	2008	2008	NUM
easat-6581	155	9	.	.	PUNCT
easat-6581	156	1	[	[	X
easat-6581	156	2	24	24	NUM
easat-6581	156	3	]	]	X
easat-6581	156	4	l.	l.	PROPN
easat-6581	156	5	casini	casini	PROPN
easat-6581	156	6	,	,	PUNCT
easat-6581	156	7	e.	e.	PROPN
easat-6581	156	8	marone	marone	PROPN
easat-6581	156	9	,	,	PUNCT
easat-6581	156	10	and	and	CCONJ
easat-6581	156	11	g.	g.	PROPN
easat-6581	156	12	scozzafava	scozzafava	PROPN
easat-6581	156	13	,	,	PUNCT
easat-6581	156	14	"	"	PUNCT
easat-6581	156	15	the	the	DET
easat-6581	156	16	italian	italian	ADJ
easat-6581	156	17	appraisal	appraisal	NOUN
easat-6581	156	18	school	school	NOUN
easat-6581	156	19	,	,	PUNCT
easat-6581	156	20	the	the	DET
easat-6581	156	21	international	international	ADJ
easat-6581	156	22	valuation	valuation	NOUN
easat-6581	156	23	standards	standard	NOUN
easat-6581	156	24	(	(	PUNCT
easat-6581	156	25	ivs	ivs	NOUN
easat-6581	156	26	)	)	PUNCT
easat-6581	156	27	and	and	CCONJ
easat-6581	156	28	the	the	DET
easat-6581	156	29	real	real	ADJ
easat-6581	156	30	estate	estate	NOUN
easat-6581	156	31	valuation	valuation	NOUN
easat-6581	156	32	code	code	PROPN
easat-6581	156	33	:	:	PUNCT
easat-6581	156	34	methodological	methodological	ADJ
easat-6581	156	35	and	and	CCONJ
easat-6581	156	36	applicative	applicative	ADJ
easat-6581	156	37	problems	problem	NOUN
easat-6581	156	38	,	,	PUNCT
easat-6581	156	39	"	"	PUNCT
easat-6581	156	40	aestimum	aestimum	ADJ
easat-6581	156	41	,	,	PUNCT
easat-6581	156	42	vol	vol	NOUN
easat-6581	156	43	.	.	PROPN
easat-6581	156	44	83	83	NUM
easat-6581	156	45	,	,	PUNCT
easat-6581	156	46	pp	pp	ADJ
easat-6581	156	47	.	.	PUNCT
easat-6581	157	1	69	69	NUM
easat-6581	157	2	-	-	SYM
easat-6581	157	3	81	81	NUM
easat-6581	157	4	,	,	PUNCT
easat-6581	157	5	2023	2023	NUM
easat-6581	157	6	.	.	PUNCT
easat-6581	158	1	[	[	X
easat-6581	158	2	25	25	NUM
easat-6581	158	3	]	]	PUNCT
easat-6581	158	4	a.	a.	NOUN
easat-6581	158	5	damodaran	damodaran	NOUN
easat-6581	158	6	,	,	PUNCT
easat-6581	158	7	the	the	DET
easat-6581	158	8	dark	dark	ADJ
easat-6581	158	9	side	side	NOUN
easat-6581	158	10	of	of	ADP
easat-6581	158	11	valuation	valuation	NOUN
easat-6581	158	12	,	,	PUNCT
easat-6581	158	13	3rd	3rd	ADJ
easat-6581	158	14	ed	ed	NOUN
easat-6581	158	15	.	.	PUNCT
easat-6581	159	1	new	new	PROPN
easat-6581	159	2	york	york	PROPN
easat-6581	159	3	,	,	PUNCT
easat-6581	159	4	us	we	PRON
easat-6581	159	5	:	:	PUNCT
easat-6581	159	6	pearson	pearson	PROPN
easat-6581	159	7	education	education	PROPN
easat-6581	159	8	inc	inc	PROPN
easat-6581	159	9	,	,	PUNCT
easat-6581	159	10	2018	2018	NUM
easat-6581	159	11	.	.	PUNCT
easat-6581	160	1	1	1	X
easat-6581	160	2	.	.	PUNCT