Multiple Choice
When employing the sales comparison approach, appraisers must consider numerous adjustments to convert each comparable sale transaction into an approximation of the subject property. Adjustments are divided into two groups: transactional adjustments and property adjustments. All of the following are transactional adjustments EXCEPT:
A) Financing terms
B) Market conditions
C) Conditions of Sale
D) Location
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Suppose that an appraiser has just completed
Q3: As part of the data analysis step
Q4: Suppose that we observe two comparable properties
Q5: Given the following information, what adjustment
Q6: Given the following information, determine the
Q7: Favorable mortgage financing may have a significant
Q8: While there are several conventional approaches used
Q9: Several techniques can be used to obtain
Q10: Adjustments for physical characteristics are intended to
Q11: Real estate professionals have long supported strict