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Question # 4

Which appraisal principle explains why adding a costly improvement may not increase property value by the same amount?

Options:

A.

Contribution

B.

Substitution

C.

Progression

D.

Conformity

Viewing question 4 out of 72 questions
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Real Estate Licensing Overview

Name Real Estate Licensing
Code Real Estate Licensing
Vendor Professional
Certification State Licensing Boards

Real Estate Licensing Questions