When Completing the Sales Comparison Approach, Inferior Properties Are Adjusted

question 20

True/False

When completing the sales comparison approach, inferior properties are adjusted downward.

---

Definitions:

Environmental Devastation

Severe and often irreversible damage to the natural environment as a result of human activity or natural disasters, leading to loss of ecosystems and biodiversity.

Biocolonialism

The control or patenting of biological resources and indigenous knowledge by foreign entities or corporations, leading to exploitation and genetic theft from indigenous and local communities.

Sustainable Development

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs, emphasizing environmental, economic, and social sustainability.

Selective Cutting

a forestry technique where certain trees are selectively removed based on specific criteria, such as age, health, or species, to improve the health or diversity of the forest.