Which of the Following Factors Is NOT Part of the Definition

question 27

Multiple Choice

Which of the following factors is NOT part of the definition of market value?

• A)Payment is made in terms of cash in U.S.dollars or a comparable financial arrangement
• B)The property has been on the open market for less than a year
• C)Buyer and seller are typically motivated
• D)Price is not affected by special or creative financing

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Definitions:

Biographical Information Blank

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Weighted Application Blank

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Multiple-Choice Format

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