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The Sequence of Adjustments to the Transaction Price of a Comparable

Question 18

Multiple Choice

The sequence of adjustments to the transaction price of a comparable property would make no difference if all adjustments were dollar adjustments. However, if percentage adjustments are involved then the sequence does matter. In making adjustments to a comparable property to arrive at a final adjusted sales price, the proper sequence for the following adjustments would be:


A) Financing terms, market conditions, location.
B) Location, market conditions, financing terms.
C) Market conditions, location, financing terms.
D) Location, financing terms, market conditions.

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