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:

Postmodernism

A broad movement in late 20th-century thought and culture characterized by skepticism towards grand narratives and ideologies, embracing relativism, and celebrating diversity.

Culture Jamming

The act of subverting mass media and consumer culture messages, often using parody or satire, to challenge or critique societal norms and values.

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Non-financial social assets that promote social mobility beyond economic means, such as education, intellect, style of speech, and dress.

Cultural Literacy

The ability to understand and participate fluently in a given culture, including knowledge of history, significant figures, and pivotal events.