A Comparable Property Has a Feature That Is Superior to the Subject

question 34

Multiple Choice

A comparable property has a feature that is superior to the subject property.What adjustment would be made in the sales comparison approach to value?

• A)Value of the feature would be subtracted from the sales price of the comparable property
• B)Value of the feature would be added to the sales price of the comparable property
• C)Value of the feature would be subtracted from the value of the subject property
• D)Value of the feature would be added to the value of the subject property

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Definitions:

Social

Relating to society or its organization.

Cultural

Pertaining to the ideas, customs, and social behaviors of a society or group of people.

Economic

Pertaining to the production, distribution, and consumption of goods and services, and the management of money and resources.

Milgram's Study

A psychological experiment conducted by Stanley Milgram in the 1960s to measure the willingness of participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.