When Employing the Sales Comparison Approach, Appraisers Must Consider Numerous

question 2

Multiple Choice

When employing the sales comparison approach, appraisers must consider numerous adjustments to convert each comparable sale transaction into an approximation of the subject property. Adjustments are divided into two groups: transactional adjustments and property adjustments. All of the following are transactional adjustments EXCEPT:

• A) Financing terms
• B) Market conditions
• C) Conditions of Sale
• D) Location

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Definitions:

Sexual Health

A state of physical, emotional, mental, and social well-being in relation to sexuality; it encompasses a positive and respectful approach to sexuality and sexual relationships.

Cultural Patterns

Refers to the recurring habits and norms that characterize the way of life and social relations of a particular community or society.

Follicular Phase

The phase of the menstrual cycle during which follicles in the ovary mature, ending with ovulation; it is marked by the thickening of the uterine lining and an increase in estrogen levels.

Endometrium

The mucous membrane lining the interior of the uterus, which thickens during the menstrual cycle in preparation for possible implantation of an embryo.