Valuation & AppraisalCâu 56 / 120
The principle that value is maximized when properties in an area are reasonably similar in style and use is the principle of:
a.Anticipation
b.Substitution
c.Contribution
d.Conformity
Giải thích
The principle of conformity states that value is enhanced when a property is in harmony with surrounding properties in use, style, and size. Reasonable uniformity in a neighborhood supports stable values. Marked non-conformity can depress value.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The legally permissible and most profitable use that produces the greatest value for a parcel is its:
- An outdated floor plan that reduces a home's value is an example of:
- A comparative market analysis (CMA) prepared by a licensee to help price a listing is:
- A modest home located among larger, more expensive homes tends to be worth more because of the principle of:
- A large luxury home surrounded by smaller modest homes is worth less than it would be elsewhere because of the principle of:
- Market value is best defined as the:
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