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| Cadastral map - A scale map showing the dimensions of each parcel and related information such as parcel identifier , survey lines, and easements . Annotations on recent sales prices and land value are sometimes added. |
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| Cadastre - An inventory of the land in an area by ownership, description, and value. |
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| Calibration - The process of estimating coefficients in a mass appraisal model . |
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| Capital market - The interaction of buyers and sellers as they buy and sell long-term financial instruments, such as mortgages, bonds, and stocks. |
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| Capitalization - The phenomenon whereby one or more events of economic consequence expected to happen in the future exert an economic effect on things in the present. Specifically, the conversion of expected income and rate of return into an estimated value in the income approach to vale. Property taxes, anticipated changes, and land-related government services may also be capitalized. |
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| Capitalization of ground rents - A method of estimating land value in the absence of comparable sales; applicable to farmland and commercial land leased on a net basis. |
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| Cash-equivalent sale price - An indicator of market value that is a refinement over the raw sale price, in that the effects of unusual financing arrangements and extraneous transfer of personal property have been removed. |
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| Cash flow - Amount of money left after subtracting operating expenses and debt service from rents collected. Before-tax cash flow (also called cash throw-off) signifies that income tax effect has not been considered; after-tax cash flow includes income tax savings generated by ownership. |
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| Central processing unit (CPU) - The key part of a computer. Contains circuitry necessary to interpret and execute program instructions. |
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| Central tendency - (1) The tendency of most kinds of data to cluster around some typical or central value, such as the median or mean. (2) By extension, any or all such statistics. Some kinds of data, however, such as the weights of cars and trucks, may cluster about two or more values, an in such circumstances the meaning of central tendency become unclear. This may happen in ratio studies when two or more classes of property are combined in a single analysis. |
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