Suppose That an Appraiser Has Come to the Following Conclusions

question 28

Multiple Choice

Suppose that an appraiser has come to the following conclusions in evaluating the subject property. Due to the dramatic shift in the perceived safety of the neighborhood, values of any residential properties in the area of the subject property have fallen by $10,000, on average. Due to the subject property's age, physical deterioration to the building accounts for an estimate of $50,000 in lost value. An evaluation of the floor plan reveals that it is quite obsolete relative to current homebuyer preferences. This has a detrimental effect on the value of the property that is estimated to be approximately $15,000. Based on your understanding of adjustments related to accrued depreciation, which of the following pertains to the adjustment for external obsolescence?

• A) $10,000
• B) $15,000
• C) $50,000
• D) $75,000

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Definitions:

Anxious-ambivalent Attachment Style

A type of attachment characterized by intense emotional responses and a preoccupation with obtaining closeness and reassurance from attachment figures.

Attachment Style

Attachment style pertains to the patterns of expectations, needs, and emotional behaviors that individuals form in close relationships, rooted in early interactions with caregivers.

Infant Attachment Styles

Refers to the patterns of attachment shown by infants toward their caregivers, indicating different ways they relate emotionally and seek comfort.

Self-fulfilling

A prediction or expectation that causes itself to become true by the very terms set forth or by the behaviors it induces.